Annual gdp growth in Iraq

Iraq: Annual gdp growth was -2.94 in 2023. β—† Volatile

Latest (2023)
-2.94
Change on year
down 138.5%
World rank
201st
of 211 countries
All-time high
53.39
in 2004
All-time low
-36.66
in 2003
Years of data
24
2000–2023

Annual gdp growth in Iraq, 2000–2023

-40-2002040602000201120232000: 16.82001: 1.82002: -8.22003: -36.72004: 53.42005: 1.72006: 5.62007: 1.92008: 8.22009: 3.42010: 6.42011: 7.52012: 13.92013: 7.62014: 2.32015: 2.62016: 13.82017: -1.82018: 2.62019: 5.52020: -122021: 1.52022: 7.62023: -2.9

Source: Our World in Data.

Analysis

Iraq recorded -2.94 for annual gdp growth in 2023.

That represents a change of down 138.5% on the previous year and down 138.5% over ten years.

Over the whole period, annual gdp growth in Iraq peaked at 53.39 in 2004 and was at its lowest, -36.66, in 2003.

That places Iraq 201st out of 211 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.79 -36.66 53.39 10
2010s 6.05 -1.82 13.94 10
2020s -1.46 -12.04 7.64 4

Countries ranked near Iraq

  1. 198 Cuba -1.93 compare
  2. 199 Sri Lanka -2.3 compare
  3. 200 Tonga -2.31 compare
  4. 202 Estonia -3.02 compare
  5. 203 Kuwait -3.64 compare
  6. 204 Venezuela -3.89 compare

See the full ranking of 211 places β†’

More economy & growth data for Iraq

All data for Iraq β†’

Frequently asked questions

What is annual gdp growth in Iraq?
Annual gdp growth in Iraq was -2.94 in 2023, according to Our World in Data.
What is the highest annual gdp growth recorded in Iraq?
The highest recorded value was 53.39 in 2004.
What is the lowest annual gdp growth recorded in Iraq?
The lowest recorded value was -36.66 in 2003.
How does Iraq rank for annual gdp growth?
Iraq ranks 201st out of 211 countries with data for 2023.
Is annual gdp growth rising or falling in Iraq?
Over the last ten years it is down 138.5%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 24 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Annual gdp growth
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
211 places, 4,892 data points, 2000–2023
Last refreshed