GDP (current LCU) (UNICEF) in Iraq
Iraq: GDP (current LCU) (UNICEF) was 363.53 trillion in 2024. ◆ Volatile
Latest (2024)
363.53 trillion
Change on year
up 2.8%
World rank
4th
of 74 countries
All-time high
416.69 trillion
in 2022
All-time low
549.02 million
in 1960
Years of data
65
1960–2024
GDP in Iraq, 1960–2024
Source: UNICEF.
Analysis
Iraq recorded 363.53 trillion for gdp in 2024.
That represents a change of up 2.8% on the previous year and up 36.5% over ten years.
Over the whole period, gdp in Iraq peaked at 416.69 trillion in 2022 and was at its lowest, 549.02 million, in 1960.
Iraq ranks 4th of 74 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNICEF) in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 549.02 million | — |
| 1961 | 597.13 million | +8.8% |
| 1962 | 637.21 million | +6.7% |
| 1963 | 644.97 million | +1.2% |
| 1964 | 763.00 million | +18.3% |
| 1965 | 834.21 million | +9.3% |
| 1966 | 903.68 million | +8.3% |
| 1967 | 911.26 million | +0.8% |
| 1968 | 1.03 billion | +13.5% |
| 1969 | 1.07 billion | +3.8% |
| 1970 | 1.17 billion | +9.1% |
| 1971 | 1.37 billion | +16.6% |
| 1972 | 1.37 billion | +0.2% |
| 1973 | 1.56 billion | +13.6% |
| 1974 | 3.40 billion | +118.7% |
| 1975 | 3.97 billion | +16.9% |
| 1976 | 5.24 billion | +31.9% |
| 1977 | 5.86 billion | +11.7% |
| 1978 | 7.02 billion | +19.8% |
| 1979 | 11.17 billion | +59.1% |
| 1980 | 15.77 billion | +41.2% |
| 1981 | 11.35 billion | -28.1% |
| 1982 | 12.71 billion | +12.1% |
| 1983 | 12.62 billion | -0.7% |
| 1984 | 14.55 billion | +15.3% |
| 1985 | 15.01 billion | +3.2% |
| 1986 | 14.65 billion | -2.4% |
| 1987 | 17.60 billion | +20.1% |
| 1988 | 19.43 billion | +10.4% |
| 1989 | 20.41 billion | +5.0% |
| 1990 | 55.93 billion | +174.0% |
| 1991 | 42.45 billion | -24.1% |
| 1992 | 115.11 billion | +171.2% |
| 1993 | 321.65 billion | +179.4% |
| 1994 | 1.66 trillion | +415.6% |
| 1995 | 6.70 trillion | +303.7% |
| 1996 | 6.50 trillion | -2.9% |
| 1997 | 15.09 trillion | +132.2% |
| 1998 | 17.13 trillion | +13.5% |
| 1999 | 34.46 trillion | +101.2% |
| 2000 | 50.21 trillion | +45.7% |
| 2001 | 41.31 trillion | -17.7% |
| 2002 | 41.02 trillion | -0.7% |
| 2003 | 29.59 trillion | -27.9% |
| 2004 | 53.24 trillion | +79.9% |
| 2005 | 73.53 trillion | +38.1% |
| 2006 | 95.59 trillion | +30.0% |
| 2007 | 111.46 trillion | +16.6% |
| 2008 | 157.03 trillion | +40.9% |
| 2009 | 130.64 trillion | -16.8% |
| 2010 | 162.06 trillion | +24.1% |
| 2011 | 217.33 trillion | +34.1% |
| 2012 | 254.22 trillion | +17.0% |
| 2013 | 273.59 trillion | +7.6% |
| 2014 | 266.33 trillion | -2.7% |
| 2015 | 194.68 trillion | -26.9% |
| 2016 | 196.92 trillion | +1.2% |
| 2017 | 221.67 trillion | +12.6% |
| 2018 | 268.92 trillion | +21.3% |
| 2019 | 276.16 trillion | +2.7% |
| 2020 | 215.66 trillion | -21.9% |
| 2021 | 304.05 trillion | +41.0% |
| 2022 | 416.69 trillion | +37.0% |
| 2023 | 353.78 trillion | -15.1% |
| 2024 | 363.53 trillion | +2.8% |
Iraq compared with similar countries
- Iraq's 363.53 trillion is above the median for upper middle income countries, which is 964.09 billion, 377.1× the median. (19 countries reporting)
- Iraq's 363.53 trillion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.20 trillion, 303.6× the median. (20 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (UNICEF) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +415.6% | 321.65 billion | 1.66 trillion |
| 1995 | +303.7% | 1.66 trillion | 6.70 trillion |
| 1993 | +179.4% | 115.11 billion | 321.65 billion |
| 1990 | +174.0% | 20.41 billion | 55.93 billion |
| 1992 | +171.2% | 42.45 billion | 115.11 billion |
| 1997 | +132.2% | 6.50 trillion | 15.09 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 794.92 million | 549.02 million | 1.07 billion | 10 |
| 1970s | 4.21 billion | 1.17 billion | 11.17 billion | 10 |
| 1980s | 15.41 billion | 11.35 billion | 20.41 billion | 10 |
| 1990s | 8.21 trillion | 42.45 billion | 34.46 trillion | 10 |
| 2000s | 78.36 trillion | 29.59 trillion | 157.03 trillion | 10 |
| 2010s | 233.19 trillion | 162.06 trillion | 276.16 trillion | 10 |
| 2020s | 330.74 trillion | 215.66 trillion | 416.69 trillion | 5 |
Countries ranked near Iraq
More economy & growth data for Iraq
- Real gdp growth, annual growth rate -490.57 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gdp in Iraq?
- Gdp in Iraq was 363.53 trillion in 2024, according to UNICEF.
- What is the highest gdp recorded in Iraq?
- The highest recorded value was 416.69 trillion in 2022.
- What is the lowest gdp recorded in Iraq?
- The lowest recorded value was 549.02 million in 1960.
- How does Iraq rank for gdp?
- Iraq ranks 4th out of 74 countries with data for 2024.
- Is gdp rising or falling in Iraq?
- Over the last ten years it is up 36.5%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from UNICEF, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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