Gross capital formation (constant LCU), per capita in Iraq
Iraq: Gross capital formation (constant LCU), per capita was 384,918 constant LCU per person in 2024. ▲ Rising
Gross capital formation (constant LCU), per capita in Iraq, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
The most recent figure for gross capital formation (constant lcu), per capita in Iraq is 384,918 constant LCU per person, measured in 2024.
The figure is down 41.7% on the previous year and down 57.8% over ten years.
Over the whole period, gross capital formation (constant lcu), per capita in Iraq peaked at 1.18 million constant LCU per person in 2019 and was at its lowest, 366,725 constant LCU per person, in 2007.
That places Iraq 23rd out of 170 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.
Gross capital formation (constant LCU), per capita in Iraq, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2007 | 366,725 constant LCU per person | — |
| 2008 | 632,405 constant LCU per person | +72.4% |
| 2009 | 460,460 constant LCU per person | -27.2% |
| 2010 | 679,875 constant LCU per person | +47.7% |
| 2011 | 743,242 constant LCU per person | +9.3% |
| 2012 | 652,299 constant LCU per person | -12.2% |
| 2013 | 1.00 million constant LCU per person | +54.0% |
| 2014 | 912,367 constant LCU per person | -9.2% |
| 2015 | 1.10 million constant LCU per person | +20.8% |
| 2016 | 887,901 constant LCU per person | -19.4% |
| 2017 | 865,133 constant LCU per person | -2.6% |
| 2018 | 867,644 constant LCU per person | +0.3% |
| 2019 | 1.18 million constant LCU per person | +35.5% |
| 2020 | 748,370 constant LCU per person | -36.4% |
| 2021 | 869,971 constant LCU per person | +16.2% |
| 2022 | 1.13 million constant LCU per person | +30.2% |
| 2023 | 660,574 constant LCU per person | -41.7% |
| 2024 | 384,918 constant LCU per person | -41.7% |
Iraq compared with similar countries
- Iraq's 384,918 constant LCU per person is above the median for upper middle income countries, which is 27,837 constant LCU per person, 13.8× the median. (47 countries reporting)
- Iraq's 384,918 constant LCU per person is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9,690 constant LCU per person, 39.7× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 486,530 constant LCU per person | 366,725 constant LCU per person | 632,405 constant LCU per person | 3 |
| 2010s | 889,105 constant LCU per person | 652,299 constant LCU per person | 1.18 million constant LCU per person | 10 |
| 2020s | 759,325 constant LCU per person | 384,918 constant LCU per person | 1.13 million constant LCU per person | 5 |
Countries ranked near Iraq
- 20 Armenia 695,004 constant LCU per person compare
- 21 Rwanda 524,303 constant LCU per person compare
- 22 Cote d'Ivoire 429,082 constant LCU per person compare
- 24 Kazakhstan 377,174 constant LCU per person compare
- 25 Senegal 345,221 constant LCU per person compare
- 26 Serbia 307,108 constant LCU per person 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 capital formation (constant lcu), per capita in Iraq?
- Gross capital formation (constant lcu), per capita in Iraq was 384,918 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per capita recorded in Iraq?
- The highest recorded value was 1.18 million constant LCU per person in 2019.
- What is the lowest gross capital formation (constant lcu), per capita recorded in Iraq?
- The lowest recorded value was 366,725 constant LCU per person in 2007.
- How does Iraq rank for gross capital formation (constant lcu), per capita?
- Iraq ranks 23rd out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), per capita rising or falling in Iraq?
- Over the last ten years it is down 57.8%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Population, total
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
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
Gross capital formation (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.