Annual growth of the gross capital formation (%) in Iraq
Iraq: Annual growth of the gross capital formation (%) was 3.2% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Iraq, 2008–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Iraq stood at 3.2%.
That represents a change of up 109.6% on the previous year and up 153.2% over ten years.
Over the whole period, annual growth of the gross capital formation in Iraq peaked at 76.0% in 2008 and was at its lowest, -34.9%, in 2020.
Iraq ranks 87th of 175 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 76.0% | — |
| 2009 | -24.5% | -132.2% |
| 2010 | 52.5% | -314.7% |
| 2011 | 13.2% | -74.8% |
| 2012 | -8.2% | -161.6% |
| 2013 | 61.5% | -853.4% |
| 2014 | -5.9% | -109.6% |
| 2015 | 24.1% | -506.8% |
| 2016 | -17.5% | -172.5% |
| 2017 | -0.4% | -97.9% |
| 2018 | 2.7% | -825.2% |
| 2019 | 38.6% | +1354.2% |
| 2020 | -34.9% | -190.4% |
| 2021 | 18.9% | -154.1% |
| 2022 | 33.2% | +76.0% |
| 2023 | -32.8% | -198.8% |
| 2024 | 3.2% | -109.6% |
Iraq compared with similar countries
- Iraq's 3.2% is below the median for upper middle income countries, which is 6.3%, 50% of the median. (45 countries reporting)
- Iraq's 3.2% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.4%, 1.3× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.8% | -24.5% | 76.0% | 2 |
| 2010s | 16.1% | -17.5% | 61.5% | 10 |
| 2020s | -2.5% | -34.9% | 33.2% | 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 growth of the gross capital formation in Iraq?
- Annual growth of the gross capital formation in Iraq was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Iraq?
- The highest recorded value was 76.0% in 2008.
- What is the lowest annual growth of the gross capital formation recorded in Iraq?
- The lowest recorded value was -34.9% in 2020.
- How does Iraq rank for annual growth of the gross capital formation?
- Iraq ranks 87th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Iraq?
- Over the last ten years it is up 153.2%. 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 growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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