Discrepancy in expenditure estimate of GDP in Iraq
Iraq: Discrepancy in expenditure estimate of GDP was 21.03 trillion constant LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Iraq, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Iraq is 21.03 trillion constant LCU, measured in 2024.
That represents a change of down 0.4% on the previous year and up 52.1% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Iraq peaked at 21.65 trillion constant LCU in 2012 and was at its lowest, -16.90 trillion constant LCU, in 2015.
Iraq ranks 2nd of 154 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Iraq, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2007 | 17.47 trillion constant LCU | — |
| 2008 | 21.35 trillion constant LCU | +22.2% |
| 2009 | 15.33 trillion constant LCU | -28.2% |
| 2010 | 17.41 trillion constant LCU | +13.6% |
| 2011 | 16.64 trillion constant LCU | -4.4% |
| 2012 | 21.65 trillion constant LCU | +30.2% |
| 2013 | 16.58 trillion constant LCU | -23.4% |
| 2014 | 13.83 trillion constant LCU | -16.6% |
| 2015 | -16.90 trillion constant LCU | -222.2% |
| 2016 | 3.04 trillion constant LCU | -118.0% |
| 2017 | 3.50 trillion constant LCU | +15.2% |
| 2018 | 2.46 trillion constant LCU | -29.6% |
| 2019 | 1.49 trillion constant LCU | -39.3% |
| 2020 | -4.22 trillion constant LCU | -382.8% |
| 2021 | 9.64 trillion constant LCU | -328.4% |
| 2022 | 19.07 trillion constant LCU | +97.7% |
| 2023 | 21.12 trillion constant LCU | +10.8% |
| 2024 | 21.03 trillion constant LCU | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.05 trillion constant LCU | 15.33 trillion constant LCU | 21.35 trillion constant LCU | 3 |
| 2010s | 7.97 trillion constant LCU | -16.90 trillion constant LCU | 21.65 trillion constant LCU | 10 |
| 2020s | 13.33 trillion constant LCU | -4.22 trillion constant LCU | 21.12 trillion constant LCU | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.04 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 216.2 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 51.96 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 281,061 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0439 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 237.26 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 112,723 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -19.94 % change on previous year (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Iraq?
- Discrepancy in expenditure estimate of gdp in Iraq was 21.03 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Iraq?
- The highest recorded value was 21.65 trillion constant LCU in 2012.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Iraq?
- The lowest recorded value was -16.90 trillion constant LCU in 2015.
- How does Iraq rank for discrepancy in expenditure estimate of gdp?
- Iraq ranks 2nd out of 154 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Iraq?
- Over the last ten years it is up 52.1%. 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 Discrepancy in expenditure estimate of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in constant prices, meaning the underlying series have been adjusted to account for price changes over time. The reference year for this adjustment varies by country.