Final consumption expenditure (constant LCU), per unit of GDP in Iraq
Iraq: Final consumption expenditure (constant LCU), per unit of GDP was 508.02 constant LCU per US$ of GDP in 2024. ▼ Falling
Final consumption expenditure (constant LCU), per unit of GDP in Iraq, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (constant lcu), per unit of gdp in Iraq is 508.02 constant LCU per US$ of GDP, measured in 2024.
The figure is up 10.9% on the previous year and up 5.8% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per unit of gdp in Iraq peaked at 718.56 constant LCU per US$ of GDP in 2007 and was at its lowest, 402.54 constant LCU per US$ of GDP, in 2022.
Iraq ranks 20th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Final consumption expenditure (constant LCU), per unit of GDP in Iraq, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 718.56 constant LCU per US$ of GDP | — |
| 2008 | 507.62 constant LCU per US$ of GDP | -29.4% |
| 2009 | 702.33 constant LCU per US$ of GDP | +38.4% |
| 2010 | 592.99 constant LCU per US$ of GDP | -15.6% |
| 2011 | 485.3 constant LCU per US$ of GDP | -18.2% |
| 2012 | 469.85 constant LCU per US$ of GDP | -3.2% |
| 2013 | 458.29 constant LCU per US$ of GDP | -2.5% |
| 2014 | 480.01 constant LCU per US$ of GDP | +4.7% |
| 2015 | 597.78 constant LCU per US$ of GDP | +24.5% |
| 2016 | 609.12 constant LCU per US$ of GDP | +1.9% |
| 2017 | 549.08 constant LCU per US$ of GDP | -9.9% |
| 2018 | 479.13 constant LCU per US$ of GDP | -12.7% |
| 2019 | 503 constant LCU per US$ of GDP | +5.0% |
| 2020 | 605.84 constant LCU per US$ of GDP | +20.4% |
| 2021 | 539.34 constant LCU per US$ of GDP | -11.0% |
| 2022 | 402.54 constant LCU per US$ of GDP | -25.4% |
| 2023 | 458.06 constant LCU per US$ of GDP | +13.8% |
| 2024 | 508.02 constant LCU per US$ of GDP | +10.9% |
Iraq compared with similar countries
- Iraq's 508.02 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 9.48 constant LCU per US$ of GDP, 53.6× the median. (48 countries reporting)
- Iraq's 508.02 constant LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.2 constant LCU per US$ of GDP, 120.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 642.83 constant LCU per US$ of GDP | 507.62 constant LCU per US$ of GDP | 718.56 constant LCU per US$ of GDP | 3 |
| 2010s | 522.45 constant LCU per US$ of GDP | 458.29 constant LCU per US$ of GDP | 609.12 constant LCU per US$ of GDP | 10 |
| 2020s | 502.76 constant LCU per US$ of GDP | 402.54 constant LCU per US$ of GDP | 605.84 constant LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 17 South Korea 813.57 constant LCU per US$ of GDP compare
- 18 Burundi 798.28 constant LCU per US$ of GDP compare
- 19 Malawi 534.59 constant LCU per US$ of GDP compare
- 21 Chile 472.42 constant LCU per US$ of GDP compare
- 22 Togo 457.68 constant LCU per US$ of GDP compare
- 23 Mali 412.02 constant LCU per US$ of GDP 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)
- 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per unit of gdp in Iraq?
- Final consumption expenditure (constant lcu), per unit of gdp in Iraq was 508.02 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 718.56 constant LCU per US$ of GDP in 2007.
- What is the lowest final consumption expenditure (constant lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was 402.54 constant LCU per US$ of GDP in 2022.
- How does Iraq rank for final consumption expenditure (constant lcu), per unit of gdp?
- Iraq ranks 20th out of 177 countries with data for 2024.
- Is final consumption expenditure (constant lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.