Final consumption expenditure (current US$), annual growth rate in Iraq
Iraq: Final consumption expenditure (current US$), annual growth rate was 19.75 % change on previous year in 2024. ◆ Volatile
Latest (2024)
19.75 % change on previous year
Change on year
down 12.3%
World rank
14th
of 187 countries
All-time high
292.21 % change on previous year
in 1994
All-time low
-99.55 % change on previous year
in 1991
Years of data
54
1971–2024
Final consumption expenditure (current US$), annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iraq recorded 19.75 % change on previous year for final consumption expenditure (current us$), annual growth rate in 2024.
The figure is down 12.3% on the previous year and up 364.1% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Iraq peaked at 292.21 % change on previous year in 1994 and was at its lowest, -99.55 % change on previous year, in 1991.
That places Iraq 14th out of 187 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 14.22 % change on previous year | — |
| 1972 | 6.86 % change on previous year | -51.8% |
| 1973 | 5.85 % change on previous year | -14.7% |
| 1974 | 62.37 % change on previous year | +965.8% |
| 1975 | 54.25 % change on previous year | -13.0% |
| 1976 | 28.85 % change on previous year | -46.8% |
| 1977 | 24.03 % change on previous year | -16.7% |
| 1978 | 9.99 % change on previous year | -58.4% |
| 1979 | 15.08 % change on previous year | +51.0% |
| 1980 | 29.02 % change on previous year | +92.5% |
| 1981 | 25.59 % change on previous year | -11.8% |
| 1982 | 38.16 % change on previous year | +49.1% |
| 1983 | 13.54 % change on previous year | -64.5% |
| 1984 | 3.9 % change on previous year | -71.2% |
| 1985 | -2.14 % change on previous year | -154.8% |
| 1986 | 8.94 % change on previous year | -518.0% |
| 1987 | 8.99 % change on previous year | +0.6% |
| 1988 | 9.97 % change on previous year | +10.8% |
| 1989 | 34.31 % change on previous year | +244.2% |
| 1990 | 43.06 % change on previous year | +25.5% |
| 1991 | -99.55 % change on previous year | -331.2% |
| 1992 | -23.36 % change on previous year | -76.5% |
| 1993 | 7.42 % change on previous year | -131.8% |
| 1994 | 292.21 % change on previous year | +3837.1% |
| 1995 | 287.92 % change on previous year | -1.5% |
| 1996 | -27.64 % change on previous year | -109.6% |
| 1997 | 98.91 % change on previous year | -457.9% |
| 1998 | 25.14 % change on previous year | -74.6% |
| 1999 | 6.79 % change on previous year | -73.0% |
| 2000 | 12.69 % change on previous year | +86.9% |
| 2001 | 4.24 % change on previous year | -66.6% |
| 2002 | 12.15 % change on previous year | +186.2% |
| 2003 | -10.94 % change on previous year | -190.0% |
| 2004 | 78.49 % change on previous year | -817.7% |
| 2005 | 26.19 % change on previous year | -66.6% |
| 2006 | 19.6 % change on previous year | -25.2% |
| 2007 | 47.8 % change on previous year | +143.9% |
| 2008 | 23.93 % change on previous year | -49.9% |
| 2009 | 29.81 % change on previous year | +24.6% |
| 2010 | 7.22 % change on previous year | -75.8% |
| 2011 | 15.9 % change on previous year | +120.2% |
| 2012 | 20.94 % change on previous year | +31.7% |
| 2013 | 6.98 % change on previous year | -66.7% |
| 2014 | 4.26 % change on previous year | -39.0% |
| 2015 | -9.63 % change on previous year | -326.4% |
| 2016 | 1.16 % change on previous year | -112.1% |
| 2017 | 1.14 % change on previous year | -1.8% |
| 2018 | 6.49 % change on previous year | +469.1% |
| 2019 | 7.71 % change on previous year | +18.8% |
| 2020 | -7.01 % change on previous year | -190.9% |
| 2021 | -10.03 % change on previous year | +43.1% |
| 2022 | 7.38 % change on previous year | -173.6% |
| 2023 | 22.52 % change on previous year | +205.0% |
| 2024 | 19.75 % change on previous year | -12.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 24.61 % change on previous year | 5.85 % change on previous year | 62.37 % change on previous year | 9 |
| 1980s | 17.03 % change on previous year | -2.14 % change on previous year | 38.16 % change on previous year | 10 |
| 1990s | 61.09 % change on previous year | -99.55 % change on previous year | 292.21 % change on previous year | 10 |
| 2000s | 24.4 % change on previous year | -10.94 % change on previous year | 78.49 % change on previous year | 10 |
| 2010s | 6.22 % change on previous year | -9.63 % change on previous year | 20.94 % change on previous year | 10 |
| 2020s | 6.52 % change on previous year | -10.03 % change on previous year | 22.52 % change on previous year | 5 |
Countries ranked near Iraq
- 11 Russian Federation 21.7 % change on previous year compare
- 12 Uzbekistan 21.24 % change on previous year compare
- 13 Belarus 20.21 % change on previous year compare
- 15 Bulgaria 18.77 % change on previous year compare
- 16 Afghanistan 17.59 % change on previous year compare
- 17 Ukraine 17.38 % 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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.59 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 603.31 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 3.66 million current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 13.66 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4275 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 2,596 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6859 current US$ per US$ of GDP (2024)
- Final consumption expenditure (current US$), per capita 4,166 current US$ per person (2024)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Iraq?
- Final consumption expenditure (current us$), annual growth rate in Iraq was 19.75 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Iraq?
- The highest recorded value was 292.21 % change on previous year in 1994.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Iraq?
- The lowest recorded value was -99.55 % change on previous year in 1991.
- How does Iraq rank for final consumption expenditure (current us$), annual growth rate?
- Iraq ranks 14th out of 187 countries with data for 2024.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Iraq?
- Over the last ten years it is up 364.1%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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 Offices (NSOs)
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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.