Iraq's June 2026 Revenue Falls 42%

Iraq experienced a significant decline in its federal budget revenues during June 2026, totaling 35.946 trillion dinars compared to 62.004 trillion dinars in the same month of 2025, representing a 42% decrease. This was primarily due to a drop in oil revenues by approximately 28.547 trillion dinars, reaching 28.506 trillion dinars, equivalent to $27.23 billion compared to $46.97 billion in June 2025. Meanwhile, non-oil revenues increased to 7.440 trillion dinars, leading to a decrease in the share of oil revenues from 92% to 80%, while the share of non-oil revenues rose from 8% to 20%.

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