Gross domestic product (GDP) in Iraq
Iraq: Gross domestic product (GDP) was 618.05 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
618.05 billion international-$ in 2021 prices
Change on year
down 1.1%
World rank
43rd
of 184 countries
All-time high
639.69 billion international-$ in 2021 prices
in 2013
All-time low
47.60 billion international-$ in 2021 prices
in 1991
Years of data
48
1970–2023
Gross domestic product (GDP) in Iraq, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Iraq stood at 618.05 billion international-$ in 2021 prices.
The figure is down 1.1% on the previous year and down 3.4% over ten years.
Over the whole period, gross domestic product (gdp) in Iraq peaked at 639.69 billion international-$ in 2021 prices in 2013 and was at its lowest, 47.60 billion international-$ in 2021 prices, in 1991.
Iraq ranks 43rd of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Iraq, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1970 | 52.49 billion international-$ in 2021 prices | — |
| 1971 | 55.42 billion international-$ in 2021 prices | +5.6% |
| 1972 | 61.29 billion international-$ in 2021 prices | +10.6% |
| 1973 | 74.76 billion international-$ in 2021 prices | +22.0% |
| 1974 | 87.76 billion international-$ in 2021 prices | +17.4% |
| 1975 | 100.27 billion international-$ in 2021 prices | +14.3% |
| 1976 | 117.01 billion international-$ in 2021 prices | +16.7% |
| 1977 | 96.70 billion international-$ in 2021 prices | -17.4% |
| 1978 | 114.89 billion international-$ in 2021 prices | +18.8% |
| 1979 | 142.35 billion international-$ in 2021 prices | +23.9% |
| 1980 | 145.31 billion international-$ in 2021 prices | +2.1% |
| 1981 | 137.33 billion international-$ in 2021 prices | -5.5% |
| 1982 | 132.77 billion international-$ in 2021 prices | -3.3% |
| 1983 | 117.26 billion international-$ in 2021 prices | -11.7% |
| 1984 | 115.05 billion international-$ in 2021 prices | -1.9% |
| 1985 | 116.16 billion international-$ in 2021 prices | +1.0% |
| 1986 | 126.21 billion international-$ in 2021 prices | +8.7% |
| 1987 | 149.17 billion international-$ in 2021 prices | +18.2% |
| 1988 | 154.94 billion international-$ in 2021 prices | +3.9% |
| 1989 | 139.27 billion international-$ in 2021 prices | -10.1% |
| 1990 | 139.72 billion international-$ in 2021 prices | +0.3% |
| 1991 | 47.60 billion international-$ in 2021 prices | -65.9% |
| 1992 | 59.67 billion international-$ in 2021 prices | +25.4% |
| 1999 | 194.81 billion international-$ in 2021 prices | +226.5% |
| 2000 | 198.89 billion international-$ in 2021 prices | +2.1% |
| 2001 | 203.60 billion international-$ in 2021 prices | +2.4% |
| 2002 | 190.93 billion international-$ in 2021 prices | -6.2% |
| 2003 | 122.75 billion international-$ in 2021 prices | -35.7% |
| 2004 | 187.08 billion international-$ in 2021 prices | +52.4% |
| 2005 | 199.25 billion international-$ in 2021 prices | +6.5% |
| 2006 | 226.12 billion international-$ in 2021 prices | +13.5% |
| 2007 | 260.84 billion international-$ in 2021 prices | +15.4% |
| 2008 | 317.44 billion international-$ in 2021 prices | +21.7% |
| 2009 | 367.19 billion international-$ in 2021 prices | +15.7% |
| 2010 | 437.62 billion international-$ in 2021 prices | +19.2% |
| 2011 | 529.60 billion international-$ in 2021 prices | +21.0% |
| 2012 | 611.78 billion international-$ in 2021 prices | +15.5% |
| 2013 | 639.69 billion international-$ in 2021 prices | +4.6% |
| 2014 | 578.94 billion international-$ in 2021 prices | -9.5% |
| 2015 | 421.70 billion international-$ in 2021 prices | -27.2% |
| 2016 | 410.90 billion international-$ in 2021 prices | -2.6% |
| 2017 | 478.34 billion international-$ in 2021 prices | +16.4% |
| 2018 | 554.55 billion international-$ in 2021 prices | +15.9% |
| 2019 | 580.59 billion international-$ in 2021 prices | +4.7% |
| 2020 | 527.86 billion international-$ in 2021 prices | -9.1% |
| 2021 | 584.10 billion international-$ in 2021 prices | +10.7% |
| 2022 | 624.87 billion international-$ in 2021 prices | +7.0% |
| 2023 | 618.05 billion international-$ in 2021 prices | -1.1% |
Iraq compared with similar countries
- Iraq's 618.05 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 4.2× the median. (51 countries reporting)
- Iraq's 618.05 billion international-$ in 2021 prices is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 266.11 billion international-$ in 2021 prices, 2.3× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (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 |
|---|---|---|---|
| 1999 | +226.5% | 59.67 billion international-$ in 2021 prices | 194.81 billion international-$ in 2021 prices |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 90.29 billion international-$ in 2021 prices | 52.49 billion international-$ in 2021 prices | 142.35 billion international-$ in 2021 prices | 10 |
| 1980s | 133.35 billion international-$ in 2021 prices | 115.05 billion international-$ in 2021 prices | 154.94 billion international-$ in 2021 prices | 10 |
| 1990s | 110.45 billion international-$ in 2021 prices | 47.60 billion international-$ in 2021 prices | 194.81 billion international-$ in 2021 prices | 4 |
| 2000s | 227.41 billion international-$ in 2021 prices | 122.75 billion international-$ in 2021 prices | 367.19 billion international-$ in 2021 prices | 10 |
| 2010s | 524.37 billion international-$ in 2021 prices | 410.90 billion international-$ in 2021 prices | 639.69 billion international-$ in 2021 prices | 10 |
| 2020s | 588.72 billion international-$ in 2021 prices | 527.86 billion international-$ in 2021 prices | 624.87 billion international-$ in 2021 prices | 4 |
Countries ranked near Iraq
- 40 Romania 661.59 billion international-$ in 2021 prices compare
- 41 Sweden 628.73 billion international-$ in 2021 prices compare
- 42 Ukraine 620.01 billion international-$ in 2021 prices compare
- 44 Singapore 596.79 billion international-$ in 2021 prices compare
- 45 Austria 573.87 billion international-$ in 2021 prices compare
- 46 Norway 545.17 billion international-$ in 2021 prices 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Iraq?
- Gross domestic product (gdp) in Iraq was 618.05 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Iraq?
- The highest recorded value was 639.69 billion international-$ in 2021 prices in 2013.
- What is the lowest gross domestic product (gdp) recorded in Iraq?
- The lowest recorded value was 47.60 billion international-$ in 2021 prices in 1991.
- How does Iraq rank for gross domestic product (gdp)?
- Iraq ranks 43rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Iraq?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.