Adjusted savings: gross savings in Iraq
Iraq: Adjusted savings: gross savings was 30.8% in 2021. ▼ Falling
Adjusted savings: gross savings in Iraq, 2005–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
Iraq recorded 30.8% for adjusted savings: gross savings in 2021.
Compared with earlier readings it is up 47.6% on the previous year and down 28.1% over ten years.
Over the whole period, adjusted savings: gross savings in Iraq peaked at 51.2% in 2008 and was at its lowest, 20.8%, in 2020.
Iraq ranks 41st of 178 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Adjusted savings: gross savings in Iraq, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2005 | 43.9% | — |
| 2006 | 43.4% | -1.2% |
| 2007 | 40.2% | -7.2% |
| 2008 | 51.2% | +27.1% |
| 2009 | 26.9% | -47.4% |
| 2010 | 35.6% | +32.1% |
| 2011 | 42.8% | +20.3% |
| 2012 | 41.5% | -3.0% |
| 2013 | 41.6% | +0.2% |
| 2014 | 38.2% | -8.1% |
| 2015 | 25.3% | -33.8% |
| 2016 | 24.7% | -2.5% |
| 2017 | 32.4% | +31.1% |
| 2018 | 40.6% | +25.5% |
| 2019 | 37.5% | -7.5% |
| 2020 | 20.8% | -44.5% |
| 2021 | 30.8% | +47.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.1% | 26.9% | 51.2% | 5 |
| 2010s | 36.0% | 24.7% | 42.8% | 10 |
| 2020s | 25.8% | 20.8% | 30.8% | 2 |
Countries ranked near Iraq
More economy & growth data for Iraq
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -1.91 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1914 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,162 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -3.09 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 248.77 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1.51 million current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -40.48 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.052 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: gross savings in Iraq?
- Adjusted savings: gross savings in Iraq was 30.8% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Iraq?
- The highest recorded value was 51.2% in 2008.
- What is the lowest adjusted savings: gross savings recorded in Iraq?
- The lowest recorded value was 20.8% in 2020.
- How does Iraq rank for adjusted savings: gross savings?
- Iraq ranks 41st out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Iraq?
- Over the last ten years it is down 28.1%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.