Adjusted savings: net national savings in Iraq
Iraq: Adjusted savings: net national savings was 20.4% in 2021. ▼ Falling
Adjusted savings: net national savings in Iraq, 2005–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Iraq recorded 20.4% for adjusted savings: net national savings in 2021.
Compared with earlier readings it is up 103.5% on the previous year and down 30.7% over ten years.
Over the whole period, adjusted savings: net national savings in Iraq peaked at 38.3% in 2008 and was at its lowest, 10.0%, in 2020.
That places Iraq 35th out of 177 countries with data for 2021, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Adjusted savings: net national savings in Iraq, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2005 | 27.5% | — |
| 2006 | 28.4% | +3.1% |
| 2007 | 26.1% | -8.3% |
| 2008 | 38.3% | +47.0% |
| 2009 | 14.9% | -61.1% |
| 2010 | 22.9% | +53.4% |
| 2011 | 29.4% | +28.8% |
| 2012 | 28.3% | -4.0% |
| 2013 | 29.0% | +2.6% |
| 2014 | 25.7% | -11.2% |
| 2015 | 14.9% | -42.1% |
| 2016 | 14.3% | -3.9% |
| 2017 | 21.4% | +49.6% |
| 2018 | 28.5% | +33.2% |
| 2019 | 26.1% | -8.6% |
| 2020 | 10.0% | -61.6% |
| 2021 | 20.4% | +103.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.0% | 14.9% | 38.3% | 5 |
| 2010s | 24.1% | 14.3% | 29.4% | 10 |
| 2020s | 15.2% | 10.0% | 20.4% | 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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 603.31 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 3.66 million current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 13.66 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4275 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,596 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 19.75 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6859 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is adjusted savings: net national savings in Iraq?
- Adjusted savings: net national savings in Iraq was 20.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Iraq?
- The highest recorded value was 38.3% in 2008.
- What is the lowest adjusted savings: net national savings recorded in Iraq?
- The lowest recorded value was 10.0% in 2020.
- How does Iraq rank for adjusted savings: net national savings?
- Iraq ranks 35th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Iraq?
- Over the last ten years it is down 30.7%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: net national savings (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.