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Iraq’s Revenues and Expenditures for the First Five Months of 2025

2025-08-01 18:01:16

The Iraqi Ministry of Finance has published two monthly reports outlining the country's revenues and expenditures for the first five months of 2025. Below is a summary based on those reports:

🔹 Total Revenue:

As of the end of May 2025, Iraq's total public revenue (from both oil and non-oil sources) amounted to 46.157 trillion IQD, broken down as:

  • Oil revenue: ~41.931 trillion IQD (91%)

  • Non-oil revenue: ~4.226 trillion IQD (9%)


🔹 Total Expenditures:

Total government expenditures (both operational and investment) exceeded 46.979 trillion IQD, comprising:

  • Operational spending: ~94%

  • Investment spending: ~6%


🔹 Transfers to Kurdistan Regional Government (KRG):

The Ministry financed the KRG with over 5.167 trillion IQD in total during the five months, including:

  1. Salaries for employees: ~3.917 trillion IQD (75.8%)

  2. Relief & assistance: ~4.768 billion IQD (0.1%)

  3. Social welfare payments: ~1.245 trillion IQD (24.1%)


🔹 Budget Deficit:

After subtracting total expenditures from revenues, Iraq recorded a budget shortfall of approximately 822.146 billion IQD, or 3% of total revenue.


🔹 Spending by the Three Presidencies:

Combined spending of the three presidencies (Parliament, Presidency, Council of Ministers) reached 3.794 trillion IQD, including:

  • Council of Representatives: ~214.710 billion IQD

  • Presidency of the Republic: ~19.496 billion IQD

  • Council of Ministers: ~3.533 trillion IQD


🔹 Investment Expenditures Breakdown:

Investment (capital) spending—totaling ~3.028 trillion IQD—was distributed across key sectors:

  1. Agriculture: ~67.538 billion IQD (2%)

  2. Industry: ~635.521 billion IQD (21%)

  3. Transportation & Communications: ~590.828 billion IQD (20%)

  4. Services & Roads: ~1.491 trillion IQD (49%)

  5. Education & Training: ~243.031 billion IQD (8%)


🔹 Summary Comparison:

  • Total Revenue: 46.157 trillion IQD

  • Total Expenditure: 46.979 trillion IQD

  • Deficit: ~822.146 billion IQD

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