Gross capital formation (constant LCU), per unit of GDP in Iraq
Iraq: Gross capital formation (constant LCU), per unit of GDP was 63.38 constant LCU per US$ of GDP in 2024. ▲ Rising
Gross capital formation (constant LCU), per unit of GDP in Iraq, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Iraq recorded 63.38 constant LCU per US$ of GDP for gross capital formation (constant lcu), per unit of gdp in 2024. That is the lowest value across all 18 years on record.
That represents a change of down 42.8% on the previous year and down 56.6% over ten years.
Over the whole period, gross capital formation (constant lcu), per unit of gdp in Iraq peaked at 248.2 constant LCU per US$ of GDP in 2015 and was at its lowest, 63.38 constant LCU per US$ of GDP, in 2024.
Iraq ranks 33rd of 170 countries on this measure, 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 unit of GDP in Iraq, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 117.2 constant LCU per US$ of GDP | — |
| 2008 | 139.21 constant LCU per US$ of GDP | +18.8% |
| 2009 | 123.95 constant LCU per US$ of GDP | -11.0% |
| 2010 | 152.38 constant LCU per US$ of GDP | +22.9% |
| 2011 | 128.69 constant LCU per US$ of GDP | -15.5% |
| 2012 | 100.7 constant LCU per US$ of GDP | -21.7% |
| 2013 | 151.08 constant LCU per US$ of GDP | +50.0% |
| 2014 | 145.99 constant LCU per US$ of GDP | -3.4% |
| 2015 | 248.2 constant LCU per US$ of GDP | +70.0% |
| 2016 | 204.85 constant LCU per US$ of GDP | -17.5% |
| 2017 | 181.78 constant LCU per US$ of GDP | -11.3% |
| 2018 | 153.66 constant LCU per US$ of GDP | -15.5% |
| 2019 | 207.3 constant LCU per US$ of GDP | +34.9% |
| 2020 | 174.23 constant LCU per US$ of GDP | -16.0% |
| 2021 | 178.69 constant LCU per US$ of GDP | +2.6% |
| 2022 | 173.72 constant LCU per US$ of GDP | -2.8% |
| 2023 | 110.74 constant LCU per US$ of GDP | -36.3% |
| 2024 | 63.38 constant LCU per US$ of GDP | -42.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 126.79 constant LCU per US$ of GDP | 117.2 constant LCU per US$ of GDP | 139.21 constant LCU per US$ of GDP | 3 |
| 2010s | 167.46 constant LCU per US$ of GDP | 100.7 constant LCU per US$ of GDP | 248.2 constant LCU per US$ of GDP | 10 |
| 2020s | 140.15 constant LCU per US$ of GDP | 63.38 constant LCU per US$ of GDP | 178.69 constant LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 30 Armenia 73.36 constant LCU per US$ of GDP compare
- 31 Democratic Republic of Congo 68.36 constant LCU per US$ of GDP compare
- 32 Malawi 66.88 constant LCU per US$ of GDP compare
- 34 Comoros 55.39 constant LCU per US$ of GDP compare
- 35 Hungary 46.91 constant LCU per US$ of GDP compare
- 36 Japan 36.62 constant LCU 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Iraq?
- Gross capital formation (constant lcu), per unit of gdp in Iraq was 63.38 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 248.2 constant LCU per US$ of GDP in 2015.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was 63.38 constant LCU per US$ of GDP in 2024.
- How does Iraq rank for gross capital formation (constant lcu), per unit of gdp?
- Iraq ranks 33rd out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 56.6%. 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Gross capital formation (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.