Government spending vs. GDP in Iraq
Iraq: Government spending vs. GDP was 57.14 billion constant 2015 US$ in 2024. ▲ Rising
Government spending vs. GDP in Iraq, 2007–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for government spending vs. gdp in Iraq is 57.14 billion constant 2015 US$, measured in 2024. That is the highest value across all 18 years on record.
That represents a change of up 19.0% on the previous year and up 39.8% over ten years.
Over the whole period, government spending vs. gdp in Iraq peaked at 57.14 billion constant 2015 US$ in 2024 and was at its lowest, 25.96 billion constant 2015 US$, in 2007.
That places Iraq 36th out of 163 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.62 billion constant 2015 US$ | 25.96 billion constant 2015 US$ | 28.87 billion constant 2015 US$ | 3 |
| 2010s | 36.50 billion constant 2015 US$ | 30.50 billion constant 2015 US$ | 45.33 billion constant 2015 US$ | 10 |
| 2020s | 46.52 billion constant 2015 US$ | 41.01 billion constant 2015 US$ | 57.14 billion constant 2015 US$ | 5 |
Countries ranked near Iraq
- 33 Finland 66.75 billion constant 2015 US$ compare
- 34 Colombia 62.45 billion constant 2015 US$ compare
- 35 Malaysia 59.37 billion constant 2015 US$ compare
- 37 Chile 48.82 billion constant 2015 US$ compare
- 38 Egypt 48.08 billion constant 2015 US$ compare
- 39 Algeria 46.72 billion constant 2015 US$ compare
More economy & growth data for Iraq
- External balance on goods and services as a percent of GDP 2.4% (2024)
- Inflation of consumer prices 0.3% (2025)
- GDP per capita 4,005 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.0% (2025)
- Gross domestic product (GDP) 188.32 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,005 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,300 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 464.62 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 357.40 million current US$ (2024)
- Net primary income (Net income from abroad) 1.73 trillion current LCU (2024)
Frequently asked questions
- What is government spending vs. gdp in Iraq?
- Government spending vs. gdp in Iraq was 57.14 billion constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Iraq?
- The highest recorded value was 57.14 billion constant 2015 US$ in 2024.
- What is the lowest government spending vs. gdp recorded in Iraq?
- The lowest recorded value was 25.96 billion constant 2015 US$ in 2007.
- How does Iraq rank for government spending vs. gdp?
- Iraq ranks 36th out of 163 countries with data for 2024.
- Is government spending vs. gdp rising or falling in Iraq?
- Over the last ten years it is up 39.8%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
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About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.