Changes in inventories in Iraq
Iraq: Changes in inventories was 13.37 billion current US$ in 2024. ◆ Volatile
Latest (2024)
13.37 billion current US$
Change on year
down 36.4%
World rank
16th
of 186 countries
All-time high
59.89 billion current US$
in 1990
All-time low
-22.81 billion current US$
in 1989
Years of data
55
1970–2024
Changes in inventories in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, changes in inventories in Iraq stood at 13.37 billion current US$.
That represents a change of down 36.4% on the previous year and up 312.9% over ten years.
Over the whole period, changes in inventories in Iraq peaked at 59.89 billion current US$ in 1990 and was at its lowest, -22.81 billion current US$, in 1989.
Iraq ranks 16th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Iraq, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 49.56 million current US$ | — |
| 1971 | 41.58 million current US$ | -16.1% |
| 1972 | 168.82 million current US$ | +306.0% |
| 1973 | 232.09 million current US$ | +37.5% |
| 1974 | 1.08 billion current US$ | +367.3% |
| 1975 | 1.21 billion current US$ | +11.5% |
| 1976 | -127.33 million current US$ | -110.5% |
| 1977 | 56.55 million current US$ | -144.4% |
| 1978 | -1.82 billion current US$ | -3318.0% |
| 1979 | 1.91 billion current US$ | -205.0% |
| 1980 | 3.51 billion current US$ | +83.7% |
| 1981 | 4.38 billion current US$ | +24.7% |
| 1982 | 2.78 billion current US$ | -36.5% |
| 1983 | -11.39 billion current US$ | -510.1% |
| 1984 | -5.59 billion current US$ | -50.9% |
| 1985 | -2.05 billion current US$ | -63.3% |
| 1986 | -3.20 billion current US$ | +55.7% |
| 1987 | -400.32 million current US$ | -87.5% |
| 1988 | -381.61 million current US$ | -4.7% |
| 1989 | -22.81 billion current US$ | +5876.2% |
| 1990 | 59.89 billion current US$ | -362.6% |
| 1991 | -72.56 million current US$ | -100.1% |
| 1992 | 148.46 million current US$ | -304.6% |
| 1993 | 535.38 million current US$ | +260.6% |
| 1994 | 2.21 billion current US$ | +312.7% |
| 1995 | 6.41 billion current US$ | +190.1% |
| 1996 | 5.98 billion current US$ | -6.8% |
| 1997 | 525.01 million current US$ | -91.2% |
| 1998 | 1.03 billion current US$ | +95.8% |
| 1999 | 13.35 billion current US$ | +1198.9% |
| 2000 | 12.69 billion current US$ | -5.0% |
| 2001 | 13.49 billion current US$ | +6.4% |
| 2002 | 4.24 billion current US$ | -68.6% |
| 2003 | 0 current US$ | -100.0% |
| 2004 | 4.23 billion current US$ | — |
| 2005 | 4.16 billion current US$ | -1.7% |
| 2006 | 798.62 million current US$ | -80.8% |
| 2007 | 2.30 billion current US$ | +187.6% |
| 2008 | 504.96 million current US$ | -78.0% |
| 2009 | 1.10 billion current US$ | +117.8% |
| 2010 | -458.62 million current US$ | -141.7% |
| 2011 | -711.39 million current US$ | +55.1% |
| 2012 | -3.39 billion current US$ | +376.9% |
| 2013 | 354.49 million current US$ | -110.4% |
| 2014 | -6.28 billion current US$ | -1871.5% |
| 2015 | -9.44 billion current US$ | +50.2% |
| 2016 | 5.50 billion current US$ | -158.3% |
| 2017 | 6.12 billion current US$ | +11.1% |
| 2018 | 7.76 billion current US$ | +26.9% |
| 2019 | 6.95 billion current US$ | -10.4% |
| 2020 | 26.37 billion current US$ | +279.2% |
| 2021 | 23.71 billion current US$ | -10.1% |
| 2022 | 42.04 billion current US$ | +77.3% |
| 2023 | 21.03 billion current US$ | -50.0% |
| 2024 | 13.37 billion current US$ | -36.4% |
Iraq compared with similar countries
- Iraq's 13.37 billion current US$ is above the median for upper middle income countries, which is 259.88 million current US$, 51.4× the median. (55 countries reporting)
- Iraq's 13.37 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 279.70 million current US$, 47.8× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | -5876.2% | -381.61 million current US$ | -22.81 billion current US$ |
| 1978 | -3318.0% | 56.55 million current US$ | -1.82 billion current US$ |
| 2014 | -1871.5% | 354.49 million current US$ | -6.28 billion current US$ |
| 1999 | +1198.9% | 1.03 billion current US$ | 13.35 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 280.67 million current US$ | -1.82 billion current US$ | 1.91 billion current US$ | 10 |
| 1980s | -3.52 billion current US$ | -22.81 billion current US$ | 4.38 billion current US$ | 10 |
| 1990s | 9.00 billion current US$ | -72.56 million current US$ | 59.89 billion current US$ | 10 |
| 2000s | 4.35 billion current US$ | 0 current US$ | 13.49 billion current US$ | 10 |
| 2010s | 641.77 million current US$ | -9.44 billion current US$ | 7.76 billion current US$ | 10 |
| 2020s | 25.30 billion current US$ | 13.37 billion current US$ | 42.04 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 438.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 9.53 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.65 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -42.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0274 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -166.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Iraq?
- Changes in inventories in Iraq was 13.37 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Iraq?
- The highest recorded value was 59.89 billion current US$ in 1990.
- What is the lowest changes in inventories recorded in Iraq?
- The lowest recorded value was -22.81 billion current US$ in 1989.
- How does Iraq rank for changes in inventories?
- Iraq ranks 16th out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Iraq?
- Over the last ten years it is up 312.9%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.