Argentina vs Iraq: Gross capital formation (current LCU), per unit of GDP

Argentina
199.94 current LCU per US$ of GDP
in 2025
Iraq
248.77 current LCU per US$ of GDP
in 2024
Argentina rank
23rd
Iraq rank
20th

Gross capital formation (current LCU), per unit of GDP over time

  • Argentina
  • Iraq
0200400196019922025

How they compare

Iraq currently reports 248.77 current LCU per US$ of GDP against 199.94 current LCU per US$ of GDP in Argentina, a difference of 48.83 current LCU per US$ of GDP.

That makes Iraq's figure about 1.2 times Argentina's.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was Iraq ahead.

Argentina ranks 23rd and Iraq ranks 20th of 187 countries.

Iraq has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Argentina Iraq Difference Ahead
1970s 0 current LCU per US$ of GDP 0.0737 current LCU per US$ of GDP 0.0737 current LCU per US$ of GDP Iraq
1980s 0.0007 current LCU per US$ of GDP 0.0813 current LCU per US$ of GDP 0.0807 current LCU per US$ of GDP Iraq
1990s 0.1747 current LCU per US$ of GDP 155.88 current LCU per US$ of GDP 155.7 current LCU per US$ of GDP Iraq
2000s 0.4592 current LCU per US$ of GDP 244.87 current LCU per US$ of GDP 244.41 current LCU per US$ of GDP Iraq
2010s 2.36 current LCU per US$ of GDP 212.42 current LCU per US$ of GDP 210.06 current LCU per US$ of GDP Iraq
2020s 50.47 current LCU per US$ of GDP 289.08 current LCU per US$ of GDP 238.62 current LCU per US$ of GDP Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per unit of gdp, Argentina or Iraq?
Iraq, at 248.77 current LCU per US$ of GDP against 199.94 current LCU per US$ of GDP in Argentina as of 2024.
What is the difference in gross capital formation (current lcu), per unit of gdp between Argentina and Iraq?
48.83 current LCU per US$ of GDP, with Iraq ahead.
How many years of comparable data are there for Argentina and Iraq?
55 years are reported by both, from 1970 to 2024.
How do Argentina and Iraq rank globally for gross capital formation (current lcu), per unit of gdp?
Argentina ranks 23rd and Iraq ranks 20th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Argentina vs Iraq: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/argentina/iraq/

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About this data

Indicator
Gross capital formation (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,666 data points, 1960–2025
Last refreshed

Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.