Changes in inventories in Iraq
Iraq: Changes in inventories was 13.37 billion current US$ in 2024. ◆ Volatile
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$, in 1989.
Iraq ranks 16th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 280.67 million current US$ | -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
- External balance on goods and services as a percent of GDP 2.4% (2024)
- Inflation of consumer prices 0.3% (2025)
- GDP per capita 4,005 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.0% (2025)
- Gross domestic product (GDP) 188.32 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,005 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,300 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 464.62 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 357.40 million current US$ (2024)
- Net primary income (Net income from abroad) 1.73 trillion current LCU (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 185 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.
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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.