Analysis of The Relationship between Oil Revenues and Bank Credit in Iraq
DOI:
https://doi.org/10.14419/rpdd9y10Published
14-08-2025Keywords:
Oil Revenues; Bank Credit; Iraqi Economy; Oil Price Volatility; Credit ExpansionAbstract
Oil constitutes the primary source of public revenue in Iraq, accounting for more than 90% of total government income. This heavy reliance on oil renders the Iraqi economy highly susceptible to fluctuations in global oil markets. Such dependence has had adverse effects on vari-ous economic sectors, particularly the banking sector, which plays a critical role in supporting economic activity and providing necessary financing.
This study aims to examine the impact of oil revenue fluctuations on bank credit in Iraq during the period 2004–2023. The research analyzes the relationship between oil revenues and credit activity through a three-part structure: the first section discusses the concept and volatility of oil revenues; the second explores the nature and significance of bank credit; and the third analyzes the relationship between oil revenues and bank credit in the Iraqi context.
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