Final consumption expenditure (constant 2015 US$), annual growth rate in Iraq
Iraq: Final consumption expenditure (constant 2015 US$), annual growth rate was 15.34 % change on previous year in 2024. ◆ Volatile
Final consumption expenditure (constant 2015 US$), annual growth rate in Iraq, 2008–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, final consumption expenditure (constant 2015 us$), annual growth rate in Iraq stood at 15.34 % change on previous year.
That represents a change of up 137.1% on the previous year and up 681.7% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in Iraq peaked at 17.38 % change on previous year in 2009 and was at its lowest, -9.07 % change on previous year, in 2015.
Iraq ranks 2nd of 172 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 4.66 % change on previous year | — |
| 2009 | 17.38 % change on previous year | +273.0% |
| 2010 | 4.74 % change on previous year | -72.7% |
| 2011 | 9.75 % change on previous year | +105.6% |
| 2012 | 13.63 % change on previous year | +39.8% |
| 2013 | 4.98 % change on previous year | -63.4% |
| 2014 | 1.96 % change on previous year | -60.6% |
| 2015 | -9.07 % change on previous year | -562.2% |
| 2016 | 1.88 % change on previous year | -120.7% |
| 2017 | 1.21 % change on previous year | -35.5% |
| 2018 | 5.97 % change on previous year | +393.2% |
| 2019 | 7.88 % change on previous year | +31.8% |
| 2020 | -6.74 % change on previous year | -185.6% |
| 2021 | 3.19 % change on previous year | -147.4% |
| 2022 | 2.28 % change on previous year | -28.5% |
| 2023 | 6.47 % change on previous year | +183.3% |
| 2024 | 15.34 % change on previous year | +137.1% |
Iraq compared with similar countries
- Iraq's 15.34 % change on previous year is above the median for upper middle income countries, which is 4.02 % change on previous year, 3.8× the median. (47 countries reporting)
- Iraq's 15.34 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.21 % change on previous year, 4.8× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.02 % change on previous year | 4.66 % change on previous year | 17.38 % change on previous year | 2 |
| 2010s | 4.29 % change on previous year | -9.07 % change on previous year | 13.63 % change on previous year | 10 |
| 2020s | 4.11 % change on previous year | -6.74 % change on previous year | 15.34 % change on previous year | 5 |
Countries ranked near Iraq
- 1 Kyrgyzstan 20.8 % change on previous year compare
- 3 Tajikistan 14.97 % change on previous year compare
- 4 United Arab Emirates 11.68 % change on previous year compare
- 5 Libya 11.48 % change on previous year compare
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)
- SDRs holdings, US dollar, annual growth rate 165.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 6.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 152.51 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in Iraq?
- Final consumption expenditure (constant 2015 us$), annual growth rate in Iraq was 15.34 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Iraq?
- The highest recorded value was 17.38 % change on previous year in 2009.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Iraq?
- The lowest recorded value was -9.07 % change on previous year in 2015.
- How does Iraq rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- Iraq ranks 2nd out of 172 countries with data for 2024.
- Is final consumption expenditure (constant 2015 us$), annual growth rate rising or falling in Iraq?
- Over the last ten years it is up 681.7%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.