Greece vs Iraq: Gross capital formation

Greece
48.39 billion current US$
in 2025
Iraq
53.51 billion current US$
in 2024
Greece rank
56th
Iraq rank
54th

Gross capital formation over time

  • Greece
  • Iraq
020.0B40.0B60.0B80.0B196019922025

How they compare

Iraq currently reports 53.51 billion current US$ against 48.39 billion current US$ in Greece, a difference of 5.12 billion current US$.

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

The two have swapped places 5 times across 55 shared years of data; in 1970 it was Greece ahead.

Greece ranks 56th and Iraq ranks 54th of 185 countries.

Across the 6 decades both report, Greece averaged higher in 4 and Iraq in 2.

Head to head by decade

Decade Greece Iraq Difference Ahead
1970s 9.50 billion current US$ 3.67 billion current US$ 5.83 billion current US$ Greece
1980s 14.93 billion current US$ 12.31 billion current US$ 2.62 billion current US$ Greece
1990s 28.01 billion current US$ 11.23 billion current US$ 16.78 billion current US$ Greece
2000s 56.96 billion current US$ 10.87 billion current US$ 46.09 billion current US$ Greece
2010s 30.41 billion current US$ 36.19 billion current US$ 5.77 billion current US$ Iraq
2020s 38.25 billion current US$ 52.66 billion current US$ 14.41 billion current US$ Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation, Greece or Iraq?
Iraq, at 53.51 billion current US$ against 48.39 billion current US$ in Greece as of 2024.
What is the difference in gross capital formation between Greece and Iraq?
5.12 billion current US$, with Iraq ahead.
How many years of comparable data are there for Greece and Iraq?
55 years are reported by both, from 1970 to 2024.
How do Greece and Iraq rank globally for gross capital formation?
Greece ranks 56th and Iraq ranks 54th of 185 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 10,929 data points, 1960–2025
Last refreshed

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.