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 174 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% |
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
- 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)
- Total reserves minus gold (current US$), annual growth rate -15.31 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.3113 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 1,891 current US$ per person (2024)
- General government final consumption expenditure (current US$) 23.58 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2218 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 1,347 current US$ per person (2024)
- General government final consumption expenditure (current LCU) 22.1 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 288.38 current LCU per US$ of GDP (2024)
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 174 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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