Goods imports (BoP, current US$), per unit of GDP in Iraq
Iraq: Goods imports (BoP, current US$), per unit of GDP was 0.2657 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Goods imports (BoP, current US$), per unit of GDP in Iraq, 2005–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for goods imports (bop, current us$), per unit of gdp in Iraq is 0.2657 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 27.7% on the previous year and up 21.8% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Iraq peaked at 0.3995 BoP, current US$ per US$ of GDP in 2005 and was at its lowest, 0.1633 BoP, current US$ per US$ of GDP, in 2022.
That places Iraq 122nd out of 199 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Iraq, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.3995 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.2872 BoP, current US$ per US$ of GDP | -28.1% |
| 2007 | 0.1871 BoP, current US$ per US$ of GDP | -34.8% |
| 2008 | 0.2261 BoP, current US$ per US$ of GDP | +20.9% |
| 2009 | 0.316 BoP, current US$ per US$ of GDP | +39.7% |
| 2010 | 0.2695 BoP, current US$ per US$ of GDP | -14.7% |
| 2011 | 0.2188 BoP, current US$ per US$ of GDP | -18.8% |
| 2012 | 0.2301 BoP, current US$ per US$ of GDP | +5.2% |
| 2013 | 0.2294 BoP, current US$ per US$ of GDP | -0.3% |
| 2014 | 0.2181 BoP, current US$ per US$ of GDP | -4.9% |
| 2015 | 0.2419 BoP, current US$ per US$ of GDP | +10.9% |
| 2016 | 0.1744 BoP, current US$ per US$ of GDP | -27.9% |
| 2017 | 0.1719 BoP, current US$ per US$ of GDP | -1.4% |
| 2018 | 0.171 BoP, current US$ per US$ of GDP | -0.5% |
| 2019 | 0.2115 BoP, current US$ per US$ of GDP | +23.7% |
| 2020 | 0.2269 BoP, current US$ per US$ of GDP | +7.3% |
| 2021 | 0.1656 BoP, current US$ per US$ of GDP | -27.0% |
| 2022 | 0.1633 BoP, current US$ per US$ of GDP | -1.4% |
| 2023 | 0.2081 BoP, current US$ per US$ of GDP | +27.5% |
| 2024 | 0.2657 BoP, current US$ per US$ of GDP | +27.7% |
Iraq compared with similar countries
- Iraq's 0.2657 BoP, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.379 BoP, current US$ per US$ of GDP, 70% of the median. (57 countries reporting)
- Iraq's 0.2657 BoP, current US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2801 BoP, current US$ per US$ of GDP, 95% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2832 BoP, current US$ per US$ of GDP | 0.1871 BoP, current US$ per US$ of GDP | 0.3995 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.2136 BoP, current US$ per US$ of GDP | 0.171 BoP, current US$ per US$ of GDP | 0.2695 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.2059 BoP, current US$ per US$ of GDP | 0.1633 BoP, current US$ per US$ of GDP | 0.2657 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 119 Iceland 0.2698 BoP, current US$ per US$ of GDP compare
- 120 Malawi 0.2671 BoP, current US$ per US$ of GDP compare
- 121 Philippines 0.2671 BoP, current US$ per US$ of GDP compare
- 123 Trinidad and Tobago 0.2634 BoP, current US$ per US$ of GDP compare
- 124 Uzbekistan 0.2622 BoP, current US$ per US$ of GDP compare
- 125 Germany 0.2617 BoP, current US$ per US$ of GDP 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Iraq?
- Goods imports (bop, current us$), per unit of gdp in Iraq was 0.2657 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.3995 BoP, current US$ per US$ of GDP in 2005.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.1633 BoP, current US$ per US$ of GDP in 2022.
- How does Iraq rank for goods imports (bop, current us$), per unit of gdp?
- Iraq ranks 122nd out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.