Gross capital formation (constant LCU), per square kilometre in Iraq
Iraq: Gross capital formation (constant LCU), per square kilometre was 68.58 million constant LCU per square kilometre in 2023. ▲ Rising
Gross capital formation (constant LCU), per square kilometre in Iraq, 2007–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
Iraq recorded 68.58 million constant LCU per square kilometre for gross capital formation (constant lcu), per square kilometre in 2023.
That represents a change of down 40.4% on the previous year and down 16.0% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Iraq peaked at 115.00 million constant LCU per square kilometre in 2022 and was at its lowest, 23.81 million constant LCU per square kilometre, in 2007.
That places Iraq 19th out of 166 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Gross capital formation (constant LCU), per square kilometre in Iraq, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 2007 | 23.81 million constant LCU per square kilometre | — |
| 2008 | 41.89 million constant LCU per square kilometre | +76.0% |
| 2009 | 31.87 million constant LCU per square kilometre | -23.9% |
| 2010 | 48.60 million constant LCU per square kilometre | +52.5% |
| 2011 | 55.04 million constant LCU per square kilometre | +13.3% |
| 2012 | 50.55 million constant LCU per square kilometre | -8.2% |
| 2013 | 81.66 million constant LCU per square kilometre | +61.6% |
| 2014 | 76.81 million constant LCU per square kilometre | -5.9% |
| 2015 | 95.35 million constant LCU per square kilometre | +24.1% |
| 2016 | 78.68 million constant LCU per square kilometre | -17.5% |
| 2017 | 78.39 million constant LCU per square kilometre | -0.4% |
| 2018 | 80.47 million constant LCU per square kilometre | +2.7% |
| 2019 | 111.56 million constant LCU per square kilometre | +38.6% |
| 2020 | 72.60 million constant LCU per square kilometre | -34.9% |
| 2021 | 86.31 million constant LCU per square kilometre | +18.9% |
| 2022 | 115.00 million constant LCU per square kilometre | +33.2% |
| 2023 | 68.58 million constant LCU per square kilometre | -40.4% |
Iraq compared with similar countries
- Iraq's 68.58 million constant LCU per square kilometre is above the median for upper middle income countries, which is 1.62 million constant LCU per square kilometre, 42.3× the median. (46 countries reporting)
- Iraq's 68.58 million constant LCU per square kilometre is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.58 million constant LCU per square kilometre, 43.5× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.52 million constant LCU per square kilometre | 23.81 million constant LCU per square kilometre | 41.89 million constant LCU per square kilometre | 3 |
| 2010s | 75.71 million constant LCU per square kilometre | 48.60 million constant LCU per square kilometre | 111.56 million constant LCU per square kilometre | 10 |
| 2020s | 85.62 million constant LCU per square kilometre | 68.58 million constant LCU per square kilometre | 115.00 million constant LCU per square kilometre | 4 |
Countries ranked near Iraq
- 16 Somalia 118.14 million constant LCU per square kilometre compare
- 17 Guinea 90.45 million constant LCU per square kilometre compare
- 18 Bangladesh 80.42 million constant LCU per square kilometre compare
- 20 Tanzania 64.22 million constant LCU per square kilometre compare
- 21 Chile 63.70 million constant LCU per square kilometre compare
- 22 Armenia 59.13 million constant LCU per square kilometre 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 square kilometre in Iraq?
- Gross capital formation (constant lcu), per square kilometre in Iraq was 68.58 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Iraq?
- The highest recorded value was 115.00 million constant LCU per square kilometre in 2022.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Iraq?
- The lowest recorded value was 23.81 million constant LCU per square kilometre in 2007.
- How does Iraq rank for gross capital formation (constant lcu), per square kilometre?
- Iraq ranks 19th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Iraq?
- Over the last ten years it is down 16.0%. 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 square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.