Wednesday, November 12, 2025

πŸ’° IRAQ’S FOREIGN RESERVES SURGE & GOLD HOLDINGS STRONG 🏦✨

 πŸ’° IRAQ’S FOREIGN RESERVES SURGE & GOLD HOLDINGS STRONG 🏦✨

Iraq is making waves in the financial world with its foreign currency and gold reserves showing steady growth and global relevance.


🌐 Foreign Currency Reserves

  • September 2025: $98.155B (~127.601T IQD) ✅ Up $3.514B from August ($94.641B / 123.033T IQD)

  • July 2025: $94.714B (~123.128T IQD)

  • Year-on-Year: Slightly down from 2024 ($100.276B / 130.347T IQD) and 2023 ($111.736B / 145.257T IQD)

πŸ“ˆ The steady monthly growth shows Iraq’s 

resilient economic recovery despite fluctuations over the past few years.


πŸ₯‡ Gold Reserves

  • Iraq holds ~171 tons of gold, maintaining 29th place globally and 4th among Arab countries (after Saudi Arabia, Lebanon, and Algeria).

  • Gold accounts for 21.6% of Iraq’s foreign currency reserves.

  • No gold purchases were made in the first 7 months of 2025, yet Iraq retained its strong global position .

  • Global context:

    • Top holders: U.S. 8,133 tons, Germany 3,350 tons, Italy 2,451 tons

    • Smallest holders: Trinidad & Tobago 2.0 tons, Haiti 1.8 tons

πŸ’Ž Iraq’s reserves highlight financial stability and strategic positioning, giving it notable “bragging rights” in global finance.


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πŸ“Š Iraq’s growing reserves signal a strong economic foundation and readiness for future global financial engagement.