Discrepancy in expenditure estimate of GDP in Iraq
Iraq: Discrepancy in expenditure estimate of GDP was 35.93 trillion current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp in Iraq is 35.93 trillion current LCU, measured in 2024.
Compared with earlier readings it is down 1.8% on the previous year and up 5.3% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Iraq peaked at 41.24 trillion current LCU in 2022 and was at its lowest, -634.70 million current LCU, in 1983.
That places Iraq 3rd out of 185 countries with data for 2024, putting it 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 | current LCU | Change |
|---|---|---|
| 1970 | -85.20 million current LCU | — |
| 1971 | -90.10 million current LCU | +5.8% |
| 1972 | -86.20 million current LCU | -4.3% |
| 1973 | -76.60 million current LCU | -11.1% |
| 1974 | -30.30 million current LCU | -60.4% |
| 1975 | -116.20 million current LCU | +283.5% |
| 1976 | -122.70 million current LCU | +5.6% |
| 1977 | -183.90 million current LCU | +49.9% |
| 1978 | -207.90 million current LCU | +13.1% |
| 1979 | -223.70 million current LCU | +7.6% |
| 1980 | -177.70 million current LCU | -20.6% |
| 1981 | 203.30 million current LCU | -214.4% |
| 1982 | -62.30 million current LCU | -130.6% |
| 1983 | -634.70 million current LCU | +918.8% |
| 1984 | -371.50 million current LCU | -41.5% |
| 1985 | -482.00 million current LCU | +29.7% |
| 1986 | -411.00 million current LCU | -14.7% |
| 1987 | -300.60 million current LCU | -26.9% |
| 1988 | -600.30 million current LCU | +99.7% |
| 1989 | -617.90 million current LCU | +2.9% |
| 1990 | -448.50 million current LCU | -27.4% |
| 1991 | 1.37 billion current LCU | -406.3% |
| 1992 | 7.35 billion current LCU | +435.4% |
| 1993 | 16.04 billion current LCU | +118.1% |
| 1994 | 87.62 billion current LCU | +446.3% |
| 1995 | 311.27 billion current LCU | +255.2% |
| 1996 | 177.05 billion current LCU | -43.1% |
| 1997 | 5.29 trillion current LCU | +2886.9% |
| 1998 | 3.35 trillion current LCU | -36.6% |
| 1999 | 5.21 trillion current LCU | +55.4% |
| 2000 | 9.74 trillion current LCU | +87.0% |
| 2001 | 7.21 trillion current LCU | -26.0% |
| 2002 | 6.90 trillion current LCU | -4.3% |
| 2003 | 9.02 trillion current LCU | +30.8% |
| 2004 | 15.18 trillion current LCU | +68.2% |
| 2005 | 20.15 trillion current LCU | +32.7% |
| 2006 | 15.13 trillion current LCU | -24.9% |
| 2007 | 17.47 trillion current LCU | +15.5% |
| 2008 | 27.17 trillion current LCU | +55.5% |
| 2009 | 19.96 trillion current LCU | -26.5% |
| 2010 | 25.01 trillion current LCU | +25.3% |
| 2011 | 25.67 trillion current LCU | +2.6% |
| 2012 | 37.41 trillion current LCU | +45.7% |
| 2013 | 32.08 trillion current LCU | -14.2% |
| 2014 | 34.13 trillion current LCU | +6.4% |
| 2015 | 11.41 trillion current LCU | -66.6% |
| 2016 | 10.38 trillion current LCU | -9.0% |
| 2017 | 14.04 trillion current LCU | +35.3% |
| 2018 | 19.34 trillion current LCU | +37.7% |
| 2019 | 21.71 trillion current LCU | +12.2% |
| 2020 | 10.98 trillion current LCU | -49.4% |
| 2021 | 22.41 trillion current LCU | +104.1% |
| 2022 | 41.24 trillion current LCU | +84.0% |
| 2023 | 36.57 trillion current LCU | -11.3% |
| 2024 | 35.93 trillion current LCU | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -122.28 million current LCU | -223.70 million current LCU | -30.30 million current LCU | 10 |
| 1980s | -345.47 million current LCU | -634.70 million current LCU | 203.30 million current LCU | 10 |
| 1990s | 1.45 trillion current LCU | -448.50 million current LCU | 5.29 trillion current LCU | 10 |
| 2000s | 14.79 trillion current LCU | 6.90 trillion current LCU | 27.17 trillion current LCU | 10 |
| 2010s | 23.12 trillion current LCU | 10.38 trillion current LCU | 37.41 trillion current LCU | 10 |
| 2020s | 29.43 trillion current LCU | 10.98 trillion current LCU | 41.24 trillion current 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)
- Industry (including construction), value added (constant 2015 US$) -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2982 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,613 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 481.78 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.61 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.89 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5227 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Iraq?
- Discrepancy in expenditure estimate of gdp in Iraq was 35.93 trillion current 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 41.24 trillion current LCU in 2022.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Iraq?
- The lowest recorded value was -634.70 million current LCU in 1983.
- How does Iraq rank for discrepancy in expenditure estimate of gdp?
- Iraq ranks 3rd out of 185 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 5.3%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.