Iraq vs Western Asia: Gross Fixed Capital Formation — Value US$, annual growth rate
Iraq
39.74 % change on previous year
in 2024
Western Asia
7.8 % change on previous year
in 2024
Iraq rank
7th
Western Asia rank
5th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Iraq
- Western Asia
How they compare
Iraq currently reports 39.74 % change on previous year against 7.8 % change on previous year in Western Asia, a difference of 31.94 % change on previous year.
That makes Iraq's figure about 5.1 times Western Asia's.
The two have swapped places 29 times across 54 shared years of data; in 1971 it was Western Asia ahead.
Iraq ranks 7th and Western Asia ranks 5th of 235 countries.
Across the 6 decades both report, Iraq averaged higher in 3 and Western Asia in 3.
Head to head by decade
| Decade | Iraq | Western Asia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.37 % change on previous year | 29.11 % change on previous year | 0.7359 % change on previous year | Western Asia |
| 1980s | 8.41 % change on previous year | 0.4285 % change on previous year | 7.98 % change on previous year | Iraq |
| 1990s | 2.38 % change on previous year | 7.14 % change on previous year | 4.76 % change on previous year | Western Asia |
| 2000s | 68.64 % change on previous year | 13.63 % change on previous year | 55.01 % change on previous year | Iraq |
| 2010s | 17.06 % change on previous year | 4.35 % change on previous year | 12.72 % change on previous year | Iraq |
| 2020s | 6.31 % change on previous year | 8.97 % change on previous year | 2.66 % change on previous year | Western Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Iraq or Western Asia?
- Iraq, at 39.74 % change on previous year against 7.8 % change on previous year in Western Asia as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Iraq and Western Asia?
- 31.94 % change on previous year, with Iraq ahead.
- How many years of comparable data are there for Iraq and Western Asia?
- 54 years are reported by both, from 1971 to 2024.
- How do Iraq and Western Asia rank globally for gross fixed capital formation — value us$, annual growth rate?
- Iraq ranks 7th and Western Asia ranks 5th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.