Iraq vs Russian Federation: Gross fixed capital formation

Iraq
52.19 trillion current LCU
in 2024
Russian Federation
49.47 trillion current LCU
in 2025
Iraq rank
18th
Russian Federation rank
20th

Gross fixed capital formation over time

  • Iraq
  • Russian Federation
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How they compare

Iraq currently reports 52.19 trillion current LCU against 49.47 trillion current LCU in Russian Federation, a difference of 2.72 trillion current LCU.

That makes Iraq's figure about 1.1 times Russian Federation's.

The two have swapped places 6 times across 36 shared years of data; in 1989 it was Iraq ahead.

Iraq ranks 18th and Russian Federation ranks 20th of 180 countries.

Across the 5 decades both report, Iraq averaged higher in 4 and Russian Federation in 1.

Head to head by decade

Decade Iraq Russian Federation Difference Ahead
1980s 6.31 billion current LCU 182.00 million current LCU 6.12 billion current LCU Iraq
1990s 166.77 billion current LCU 242.30 billion current LCU 75.53 billion current LCU Russian Federation
2000s 8.35 trillion current LCU 4.40 trillion current LCU 3.96 trillion current LCU Iraq
2010s 41.69 trillion current LCU 17.09 trillion current LCU 24.60 trillion current LCU Iraq
2020s 36.84 trillion current LCU 32.95 trillion current LCU 3.89 trillion current LCU Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross fixed capital formation, Iraq or Russian Federation?
Iraq, at 52.19 trillion current LCU against 49.47 trillion current LCU in Russian Federation as of 2024.
What is the difference in gross fixed capital formation between Iraq and Russian Federation?
2.72 trillion current LCU, with Iraq ahead.
How many years of comparable data are there for Iraq and Russian Federation?
36 years are reported by both, from 1989 to 2024.
How do Iraq and Russian Federation rank globally for gross fixed capital formation?
Iraq ranks 18th and Russian Federation ranks 20th of 180 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Russian Federation: Gross fixed capital formation. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 25 August 2026, from https://economy.statizoid.com/compare/gross-fixed-capital-formation-current-lcu/iraq/russian-federation/

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About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
Last refreshed

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.