Annual GDP growth in Iraq
Iraq: Annual GDP growth was -1.5% in 2024. ◆ Volatile
Latest (2024)
-1.5%
Change on year
down 398.5%
World rank
188th
of 196 countries
All-time high
53.4%
in 2004
All-time low
-36.7%
in 2003
Years of data
25
2000–2024
Annual GDP growth in Iraq, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Iraq recorded -1.5% for annual gdp growth in 2024.
That represents a change of down 398.5% on the previous year and down 168.3% over ten years.
Over the whole period, annual gdp growth in Iraq peaked at 53.4% in 2004 and was at its lowest, -36.7%, in 2003.
Iraq ranks 188th of 196 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.8% | — |
| 2001 | 1.8% | -89.5% |
| 2002 | -8.2% | -564.4% |
| 2003 | -36.7% | +346.8% |
| 2004 | 53.4% | -245.6% |
| 2005 | 1.7% | -96.9% |
| 2006 | 5.6% | +236.6% |
| 2007 | 1.9% | -66.5% |
| 2008 | 8.2% | +335.7% |
| 2009 | 3.4% | -58.9% |
| 2010 | 6.4% | +89.5% |
| 2011 | 7.5% | +17.9% |
| 2012 | 13.9% | +84.7% |
| 2013 | 7.6% | -45.3% |
| 2014 | 2.3% | -70.3% |
| 2015 | 2.6% | +15.2% |
| 2016 | 13.8% | +428.9% |
| 2017 | -1.8% | -113.2% |
| 2018 | 2.6% | -244.7% |
| 2019 | 5.5% | +109.3% |
| 2020 | -12.0% | -318.3% |
| 2021 | 1.5% | -112.5% |
| 2022 | 8.0% | +429.8% |
| 2023 | 0.5% | -93.5% |
| 2024 | -1.5% | -398.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.8% | -36.7% | 53.4% | 10 |
| 2010s | 6.0% | -1.8% | 13.9% | 10 |
| 2020s | -0.7% | -12.0% | 8.0% | 5 |
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)
- GNI, Atlas method (current US$), annual growth rate -3.6 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 5,688 current US$ per person (2025)
- GNI (current US$), annual growth rate -9.32 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 5,419 current US$ per person (2025)
- GNI (current LCU), annual growth rate -9.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,302 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Iraq?
- Annual gdp growth in Iraq was -1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Iraq?
- The highest recorded value was 53.4% in 2004.
- What is the lowest annual gdp growth recorded in Iraq?
- The lowest recorded value was -36.7% in 2003.
- How does Iraq rank for annual gdp growth?
- Iraq ranks 188th out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Iraq?
- Over the last ten years it is down 168.3%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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