# **Debt service on external debt, total (TDS, current US$)**
- The indicator **"Debt service on external debt, total (TDS, current US$)"** measures the total amount of money a country pays annually to service its external debt, including both **interest payments** and **principal repayments**.
- The data are expressed in **current US dollars**, reflecting the actual value of debt service payments made each year, **without adjusting for inflation**.
- The chart shows **Iraq's** total annual payments towards servicing its external debt from **2015 to 2022**, covering an **8-year period**.
- This indicator is crucial for assessing **Iraq's debt burden** and its **capacity to manage external financial obligations over time**.