Government spending vs. GDP, per unit of GDP in Iraq
Iraq: Government spending vs. GDP, per unit of GDP was 0.2043 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Government spending vs. GDP, per unit of GDP in Iraq, 2007–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Iraq recorded 0.2043 constant 2015 US$ per US$ of GDP for government spending vs. gdp, per unit of gdp in 2024.
Compared with earlier readings it is up 14.5% on the previous year and up 14.2% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in Iraq peaked at 0.2922 constant 2015 US$ per US$ of GDP in 2007 and was at its lowest, 0.1515 constant 2015 US$ per US$ of GDP, in 2022.
That places Iraq 28th out of 166 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Government spending vs. GDP, per unit of GDP in Iraq, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2007 | 0.2922 constant 2015 US$ per US$ of GDP | — |
| 2008 | 0.2194 constant 2015 US$ per US$ of GDP | -24.9% |
| 2009 | 0.251 constant 2015 US$ per US$ of GDP | +14.4% |
| 2010 | 0.2202 constant 2015 US$ per US$ of GDP | -12.3% |
| 2011 | 0.2168 constant 2015 US$ per US$ of GDP | -1.5% |
| 2012 | 0.1717 constant 2015 US$ per US$ of GDP | -20.8% |
| 2013 | 0.1774 constant 2015 US$ per US$ of GDP | +3.3% |
| 2014 | 0.1789 constant 2015 US$ per US$ of GDP | +0.9% |
| 2015 | 0.1867 constant 2015 US$ per US$ of GDP | +4.3% |
| 2016 | 0.1852 constant 2015 US$ per US$ of GDP | -0.8% |
| 2017 | 0.1643 constant 2015 US$ per US$ of GDP | -11.3% |
| 2018 | 0.1593 constant 2015 US$ per US$ of GDP | -3.1% |
| 2019 | 0.194 constant 2015 US$ per US$ of GDP | +21.8% |
| 2020 | 0.2267 constant 2015 US$ per US$ of GDP | +16.9% |
| 2021 | 0.2047 constant 2015 US$ per US$ of GDP | -9.7% |
| 2022 | 0.1515 constant 2015 US$ per US$ of GDP | -26.0% |
| 2023 | 0.1785 constant 2015 US$ per US$ of GDP | +17.8% |
| 2024 | 0.2043 constant 2015 US$ per US$ of GDP | +14.5% |
Iraq compared with similar countries
- Iraq's 0.2043 constant 2015 US$ per US$ of GDP is above the median for upper middle income countries, which is 0.1226 constant 2015 US$ per US$ of GDP, 1.7× the median. (45 countries reporting)
- Iraq's 0.2043 constant 2015 US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.162 constant 2015 US$ per US$ of GDP, 1.3× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2542 constant 2015 US$ per US$ of GDP | 0.2194 constant 2015 US$ per US$ of GDP | 0.2922 constant 2015 US$ per US$ of GDP | 3 |
| 2010s | 0.1854 constant 2015 US$ per US$ of GDP | 0.1593 constant 2015 US$ per US$ of GDP | 0.2202 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.1932 constant 2015 US$ per US$ of GDP | 0.1515 constant 2015 US$ per US$ of GDP | 0.2267 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 25 Finland 0.2105 constant 2015 US$ per US$ of GDP compare
- 26 Norway 0.2079 constant 2015 US$ per US$ of GDP compare
- 27 Tonga 0.2064 constant 2015 US$ per US$ of GDP compare
- 29 France 0.2012 constant 2015 US$ per US$ of GDP compare
- 30 Iran 0.1886 constant 2015 US$ per US$ of GDP compare
- 31 Bhutan 0.1882 constant 2015 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is government spending vs. gdp, per unit of gdp in Iraq?
- Government spending vs. gdp, per unit of gdp in Iraq was 0.2043 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in Iraq?
- The highest recorded value was 0.2922 constant 2015 US$ per US$ of GDP in 2007.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.1515 constant 2015 US$ per US$ of GDP in 2022.
- How does Iraq rank for government spending vs. gdp, per unit of gdp?
- Iraq ranks 28th out of 166 countries with data for 2024.
- Is government spending vs. gdp, per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 14.2%. 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 Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- 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
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.