General government final consumption expenditure (current US$) in Iraq
Iraq: General government final consumption expenditure (current US$) was 62.03 billion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Iraq is 62.03 billion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 23.6% on the previous year and up 50.9% over ten years.
Over the whole period, general government final consumption expenditure in Iraq peaked at 62.03 billion current US$ in 2024 and was at its lowest, 41.81 million current US$, in 1992.
That places Iraq 39th out of 187 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Iraq, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 771.96 million current US$ | — |
| 1971 | 910.61 million current US$ | +18.0% |
| 1972 | 1.05 billion current US$ | +14.8% |
| 1973 | 1.40 billion current US$ | +34.4% |
| 1974 | 2.65 billion current US$ | +88.8% |
| 1975 | 2.85 billion current US$ | +7.7% |
| 1976 | 3.92 billion current US$ | +37.3% |
| 1977 | 3.64 billion current US$ | -7.1% |
| 1978 | 4.69 billion current US$ | +28.8% |
| 1979 | 5.58 billion current US$ | +18.9% |
| 1980 | 8.17 billion current US$ | +46.6% |
| 1981 | 11.49 billion current US$ | +40.6% |
| 1982 | 14.89 billion current US$ | +29.7% |
| 1983 | 17.66 billion current US$ | +18.6% |
| 1984 | 16.09 billion current US$ | -8.9% |
| 1985 | 14.30 billion current US$ | -11.2% |
| 1986 | 16.94 billion current US$ | +18.5% |
| 1987 | 18.30 billion current US$ | +8.0% |
| 1988 | 20.19 billion current US$ | +10.3% |
| 1989 | 19.32 billion current US$ | -4.3% |
| 1990 | 19.81 billion current US$ | +2.5% |
| 1991 | 67.56 million current US$ | -99.7% |
| 1992 | 41.81 million current US$ | -38.1% |
| 1993 | 50.60 million current US$ | +21.0% |
| 1994 | 102.86 million current US$ | +103.3% |
| 1995 | 300.65 million current US$ | +192.3% |
| 1996 | 254.79 million current US$ | -15.3% |
| 1997 | 1.77 billion current US$ | +594.7% |
| 1998 | 3.64 billion current US$ | +105.4% |
| 1999 | 4.15 billion current US$ | +14.2% |
| 2000 | 5.73 billion current US$ | +37.9% |
| 2001 | 5.68 billion current US$ | -0.8% |
| 2002 | 6.36 billion current US$ | +11.9% |
| 2003 | 2.69 billion current US$ | -57.7% |
| 2004 | 9.36 billion current US$ | +248.0% |
| 2005 | 10.00 billion current US$ | +6.8% |
| 2006 | 10.21 billion current US$ | +2.2% |
| 2007 | 16.64 billion current US$ | +62.9% |
| 2008 | 21.91 billion current US$ | +31.7% |
| 2009 | 23.52 billion current US$ | +7.3% |
| 2010 | 26.21 billion current US$ | +11.4% |
| 2011 | 36.54 billion current US$ | +39.4% |
| 2012 | 36.15 billion current US$ | -1.1% |
| 2013 | 40.96 billion current US$ | +13.3% |
| 2014 | 41.12 billion current US$ | +0.4% |
| 2015 | 31.13 billion current US$ | -24.3% |
| 2016 | 30.66 billion current US$ | -1.5% |
| 2017 | 30.53 billion current US$ | -0.4% |
| 2018 | 36.10 billion current US$ | +18.3% |
| 2019 | 45.13 billion current US$ | +25.0% |
| 2020 | 40.72 billion current US$ | -9.8% |
| 2021 | 37.15 billion current US$ | -8.8% |
| 2022 | 39.57 billion current US$ | +6.5% |
| 2023 | 50.20 billion current US$ | +26.9% |
| 2024 | 62.03 billion current US$ | +23.6% |
Iraq compared with similar countries
- Iraq's 62.03 billion current US$ is above the median for upper middle income countries, which is 9.56 billion current US$, 6.5× the median. (52 countries reporting)
- Iraq's 62.03 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 19.89 billion current US$, 3.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current US$) 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 |
|---|---|---|---|
| 1997 | +594.7% | 254.79 million current US$ | 1.77 billion current US$ |
| 2004 | +248.0% | 2.69 billion current US$ | 9.36 billion current US$ |
| 1995 | +192.3% | 102.86 million current US$ | 300.65 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.75 billion current US$ | 771.96 million current US$ | 5.58 billion current US$ | 10 |
| 1980s | 15.74 billion current US$ | 8.17 billion current US$ | 20.19 billion current US$ | 10 |
| 1990s | 3.02 billion current US$ | 41.81 million current US$ | 19.81 billion current US$ | 10 |
| 2000s | 11.21 billion current US$ | 2.69 billion current US$ | 23.52 billion current US$ | 10 |
| 2010s | 35.45 billion current US$ | 26.21 billion current US$ | 45.13 billion current US$ | 10 |
| 2020s | 45.93 billion current US$ | 37.15 billion current US$ | 62.03 billion current US$ | 5 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Iraq?
- General government final consumption expenditure in Iraq was 62.03 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Iraq?
- The highest recorded value was 62.03 billion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Iraq?
- The lowest recorded value was 41.81 million current US$ in 1992.
- How does Iraq rank for general government final consumption expenditure?
- Iraq ranks 39th out of 187 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Iraq?
- Over the last ten years it is up 50.9%. 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 General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.