# **"External Debt Stocks, Total (DOD, Current US$)"**
- The indicator **"External Debt Stocks, Total (DOD, Current US$)"** represents the total amount of debt that a country owes to foreign creditors, expressed in **current U.S. dollars**. This debt includes obligations to **private foreign banks**, **foreign governments**, and **international financial institutions**.
- **"DOD"** stands for **"Disbursed and Outstanding Debt,"** referring to the portion of debt that has already been borrowed and remains unpaid by the country. It encompasses both **long- and short-term debt**, including obligations related to **loans**, **bonds**, and other forms of borrowing.
- The chart illustrates the total external debt owed by **Iraq** over an **8-year period**, from **2015 to 2022**, with the data expressed in **current U.S. dollars**. The figures are presented in **billions**, offering a clear view of the trends and fluctuations in **Iraq's external debt** during this period.