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
219th
of 230 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. Measured in %.
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 219th of 230 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 | % | 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% |
Iraq compared with similar countries
- Iraq's -1.5% is below the median for upper middle income countries, which is 3.5%. (56 countries reporting)
- Iraq's -1.5% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.3%. (21 countries reporting)
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
- Real gdp growth, annual growth rate -490.57 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 165.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 6.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 152.51 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (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 219th out of 230 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).