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: World Bank – processed by Our World in Data. Measured in %.
Analysis
Iraq recorded 3.2% for annual growth of the gross capital formation in 2024.
The figure is up 109.6% on the previous year and up 153.3% 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 83rd of 167 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% | -314.6% |
| 2011 | 13.2% | -74.8% |
| 2012 | -8.2% | -161.6% |
| 2013 | 61.5% | -853.4% |
| 2014 | -5.9% | -109.6% |
| 2015 | 24.1% | -506.9% |
| 2016 | -17.5% | -172.4% |
| 2017 | -0.4% | -97.9% |
| 2018 | 2.7% | -818.9% |
| 2019 | 38.6% | +1352.3% |
| 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)
- Gross capital formation (constant 2015 US$), annual growth rate -40.48 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.052 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 315.75 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 30.31 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3738 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 2,270 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 28.75 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 485.88 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 World Bank – processed by Our World in Data.
- 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 83rd out of 167 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 153.3%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual growth of the gross capital formation (%).