Iraq vs Somalia: Final consumption expenditure (current LCU), annual growth rate

Iraq
18.32 % change on previous year
in 2024
Somalia
16.51 % change on previous year
in 2025
Iraq rank
25th
Somalia rank
27th

Final consumption expenditure (current LCU), annual growth rate over time

  • Iraq
  • Somalia
0100200300400196119932025

How they compare

Iraq currently reports 18.32 % change on previous year against 16.51 % change on previous year in Somalia, a difference of 1.81 % change on previous year.

That makes Iraq's figure about 1.1 times Somalia's.

The two have swapped places 14 times across 32 shared years of data; in 1971 it was Iraq ahead.

Iraq ranks 25th and Somalia ranks 27th of 187 countries.

Somalia has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Iraq Somalia Difference Ahead
1970s 22.28 % change on previous year 23.73 % change on previous year 1.46 % change on previous year Somalia
1980s 17.61 % change on previous year 52.16 % change on previous year 34.55 % change on previous year Somalia
1990s 43.06 % change on previous year 226.89 % change on previous year 183.83 % change on previous year Somalia
2010s 2.78 % change on previous year 11.49 % change on previous year 8.71 % change on previous year Somalia
2020s 8.02 % change on previous year 11.39 % change on previous year 3.37 % change on previous year Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher final consumption expenditure (current lcu), annual growth rate, Iraq or Somalia?
Iraq, at 18.32 % change on previous year against 16.51 % change on previous year in Somalia as of 2024.
What is the difference in final consumption expenditure (current lcu), annual growth rate between Iraq and Somalia?
1.81 % change on previous year, with Iraq ahead.
How many years of comparable data are there for Iraq and Somalia?
32 years are reported by both, from 1971 to 2024.
How do Iraq and Somalia rank globally for final consumption expenditure (current lcu), annual growth rate?
Iraq ranks 25th and Somalia ranks 27th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Final consumption expenditure (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Somalia: Final consumption expenditure (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/final-consumption-expenditure-current-lcu-annual-growth-rate/iraq/somalia-fed-rep/

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About this data

Indicator
Final consumption expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,523 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.