Iraq | Debt service on external debt, total (TDS, current US$)

The indicator "Debt service on external debt, total (TDS, current US$)" measures the total amount of money a country pays annually to service its external debt, including both interest payments and principal repayments. The data is expressed in current US dollars, reflecting the actual value of debt service payments made each year, without adjusting for inflation. The chart shows Iraq's total annual payments towards servicing its external debt from 2015 to 2022, covering an 8-year period. This indicator is crucial for assessing Iraq's debt burden and its capacity to manage external financial obligations over time.