Iraqi Ministry of Finance
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Iraq's Public Revenue and Expenditures in the First Half of 2026
Iraq and Kurdistan Region Service - The total public revenues of the Iraqi Ministry of Finance, including oil and non-oil revenues, reached about 35,946 billion dinars in the first half of 2026, of which 79.3 percent came from oil revenues and 20.7 percent from non-oil revenues. During the same period, the total expenditures of the Ministry of Finance exceeded 57,186 billion dinars, of which 96 percent went to current expenditures and 4 percent to investment expenditures.
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Iraq's oil revenue between 2004 and 2026
Iraq and Kurdistan Region Service - Iraq's oil revenue has experienced extensive ups and downs during the period from 2004 to the end of the first five months of 2026; such that the country's oil revenue reached its highest historical level, more than 154 trillion dinars in 2022, but then experienced a decline and reached 27 trillion dinars in the first five months of 2026.KurdPress
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Iraq's oil revenues drop sharply in the first five months of 2026
Iraq and Kurdistan Region Service - According to statistics from the Iraqi Ministry of Finance, the country's revenues in the first five months of 2026 decreased by 12.41 trillion dinars (about 27 percent) compared to the same period last year, from 46.1 trillion to 33.7 trillion dinars. While government spending remained almost unchanged, the budget deficit increased to about 13 trillion dinars, which is about 15 times more than the same period in 2025.