GDP in Iraq
Iraq: GDP was 330.68 trillion current LCU in 2025. ◆ Volatile
GDP in Iraq, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gdp in Iraq is 330.68 trillion current LCU, measured in 2025.
The figure is down 9.0% on the previous year and up 69.9% over ten years.
Over the whole period, gdp in Iraq peaked at 416.69 trillion current LCU in 2022 and was at its lowest, 549.02 million current LCU, in 1960.
That places Iraq 16th out of 214 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 549.02 million current LCU | — |
| 1961 | 597.13 million current LCU | +8.8% |
| 1962 | 637.21 million current LCU | +6.7% |
| 1963 | 644.97 million current LCU | +1.2% |
| 1964 | 763.00 million current LCU | +18.3% |
| 1965 | 834.21 million current LCU | +9.3% |
| 1966 | 903.68 million current LCU | +8.3% |
| 1967 | 911.26 million current LCU | +0.8% |
| 1968 | 1.03 billion current LCU | +13.5% |
| 1969 | 1.07 billion current LCU | +3.8% |
| 1970 | 1.17 billion current LCU | +9.1% |
| 1971 | 1.37 billion current LCU | +16.6% |
| 1972 | 1.37 billion current LCU | +0.2% |
| 1973 | 1.56 billion current LCU | +13.6% |
| 1974 | 3.40 billion current LCU | +118.7% |
| 1975 | 3.97 billion current LCU | +16.9% |
| 1976 | 5.24 billion current LCU | +31.9% |
| 1977 | 5.86 billion current LCU | +11.7% |
| 1978 | 7.02 billion current LCU | +19.8% |
| 1979 | 11.17 billion current LCU | +59.1% |
| 1980 | 15.77 billion current LCU | +41.2% |
| 1981 | 11.35 billion current LCU | -28.1% |
| 1982 | 12.71 billion current LCU | +12.1% |
| 1983 | 12.62 billion current LCU | -0.7% |
| 1984 | 14.55 billion current LCU | +15.3% |
| 1985 | 15.01 billion current LCU | +3.2% |
| 1986 | 14.65 billion current LCU | -2.4% |
| 1987 | 17.60 billion current LCU | +20.1% |
| 1988 | 19.43 billion current LCU | +10.4% |
| 1989 | 20.41 billion current LCU | +5.0% |
| 1990 | 55.93 billion current LCU | +174.0% |
| 1991 | 42.45 billion current LCU | -24.1% |
| 1992 | 115.11 billion current LCU | +171.2% |
| 1993 | 321.65 billion current LCU | +179.4% |
| 1994 | 1.66 trillion current LCU | +415.6% |
| 1995 | 6.70 trillion current LCU | +303.7% |
| 1996 | 6.50 trillion current LCU | -2.9% |
| 1997 | 15.09 trillion current LCU | +132.2% |
| 1998 | 17.13 trillion current LCU | +13.5% |
| 1999 | 34.46 trillion current LCU | +101.2% |
| 2000 | 50.21 trillion current LCU | +45.7% |
| 2001 | 41.31 trillion current LCU | -17.7% |
| 2002 | 41.02 trillion current LCU | -0.7% |
| 2003 | 29.59 trillion current LCU | -27.9% |
| 2004 | 53.24 trillion current LCU | +79.9% |
| 2005 | 73.53 trillion current LCU | +38.1% |
| 2006 | 95.59 trillion current LCU | +30.0% |
| 2007 | 111.46 trillion current LCU | +16.6% |
| 2008 | 157.03 trillion current LCU | +40.9% |
| 2009 | 130.64 trillion current LCU | -16.8% |
| 2010 | 162.06 trillion current LCU | +24.1% |
| 2011 | 217.33 trillion current LCU | +34.1% |
| 2012 | 254.22 trillion current LCU | +17.0% |
| 2013 | 273.59 trillion current LCU | +7.6% |
| 2014 | 266.33 trillion current LCU | -2.7% |
| 2015 | 194.68 trillion current LCU | -26.9% |
| 2016 | 196.92 trillion current LCU | +1.2% |
| 2017 | 221.67 trillion current LCU | +12.6% |
| 2018 | 268.92 trillion current LCU | +21.3% |
| 2019 | 276.16 trillion current LCU | +2.7% |
| 2020 | 215.66 trillion current LCU | -21.9% |
| 2021 | 304.05 trillion current LCU | +41.0% |
| 2022 | 416.69 trillion current LCU | +37.0% |
| 2023 | 353.78 trillion current LCU | -15.1% |
| 2024 | 363.53 trillion current LCU | +2.8% |
| 2025 | 330.68 trillion current LCU | -9.0% |
Iraq compared with similar countries
- Iraq's 330.68 trillion current LCU is above the median for upper middle income countries, which is 1.04 trillion current LCU, 316.8× the median. (59 countries reporting)
- Iraq's 330.68 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.71 trillion current LCU, 193.9× the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP 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 current LCU | 1.66 trillion current LCU |
| 1995 | +303.7% | 1.66 trillion current LCU | 6.70 trillion current LCU |
| 1993 | +179.4% | 115.11 billion current LCU | 321.65 billion current LCU |
| 1990 | +174.0% | 20.41 billion current LCU | 55.93 billion current LCU |
| 1992 | +171.2% | 42.45 billion current LCU | 115.11 billion current LCU |
| 1997 | +132.2% | 6.50 trillion current LCU | 15.09 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 794.92 million current LCU | 549.02 million current LCU | 1.07 billion current LCU | 10 |
| 1970s | 4.21 billion current LCU | 1.17 billion current LCU | 11.17 billion current LCU | 10 |
| 1980s | 15.41 billion current LCU | 11.35 billion current LCU | 20.41 billion current LCU | 10 |
| 1990s | 8.21 trillion current LCU | 42.45 billion current LCU | 34.46 trillion current LCU | 10 |
| 2000s | 78.36 trillion current LCU | 29.59 trillion current LCU | 157.03 trillion current LCU | 10 |
| 2010s | 233.19 trillion current LCU | 162.06 trillion current LCU | 276.16 trillion current LCU | 10 |
| 2020s | 330.73 trillion current LCU | 215.66 trillion current LCU | 416.69 trillion current LCU | 6 |
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)
- 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 gdp in Iraq?
- Gdp in Iraq was 330.68 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Iraq?
- The highest recorded value was 416.69 trillion current LCU in 2022.
- What is the lowest gdp recorded in Iraq?
- The lowest recorded value was 549.02 million current LCU in 1960.
- How does Iraq rank for gdp?
- Iraq ranks 16th out of 214 countries with data for 2025.
- Is gdp rising or falling in Iraq?
- Over the last ten years it is up 69.9%. 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 GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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.