Gross capital formation (current LCU), annual growth rate in Iraq
Iraq: Gross capital formation (current LCU), annual growth rate was -3.09 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-3.09 % change on previous year
Change on year
up 89.4%
World rank
166th
of 186 countries
All-time high
945.17 % change on previous year
in 1999
All-time low
-122.06 % change on previous year
in 1991
Years of data
53
1971–2024
Gross capital formation (current LCU), annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iraq recorded -3.09 % change on previous year for gross capital formation (current lcu), annual growth rate in 2024.
The figure is up 89.4% on the previous year and up 75.3% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Iraq peaked at 945.17 % change on previous year in 1999 and was at its lowest, -122.06 % change on previous year, in 1991.
That places Iraq 166th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.25 % change on previous year | — |
| 1972 | 30.52 % change on previous year | +837.7% |
| 1973 | 31.32 % change on previous year | +2.6% |
| 1974 | 164.39 % change on previous year | +424.9% |
| 1975 | 49.6 % change on previous year | -69.8% |
| 1976 | -8.5 % change on previous year | -117.1% |
| 1977 | 14.97 % change on previous year | -276.1% |
| 1978 | -2.53 % change on previous year | -116.9% |
| 1979 | 125.24 % change on previous year | -5048.0% |
| 1980 | 48.25 % change on previous year | -61.5% |
| 1981 | 44.46 % change on previous year | -7.8% |
| 1982 | 4.96 % change on previous year | -88.8% |
| 1983 | -73.12 % change on previous year | -1573.7% |
| 1984 | 36.31 % change on previous year | -149.7% |
| 1985 | 35.72 % change on previous year | -1.6% |
| 1986 | -21.73 % change on previous year | -160.8% |
| 1987 | 23.2 % change on previous year | -206.8% |
| 1988 | 21.07 % change on previous year | -9.2% |
| 1989 | -117.87 % change on previous year | -659.4% |
| 1991 | -122.06 % change on previous year | +3.6% |
| 1992 | 769.27 % change on previous year | -730.2% |
| 1993 | 421.58 % change on previous year | -45.2% |
| 1994 | 405.42 % change on previous year | -3.8% |
| 1995 | 257.06 % change on previous year | -36.6% |
| 1996 | 9.49 % change on previous year | -96.3% |
| 1997 | -83.18 % change on previous year | -976.5% |
| 1998 | 99.54 % change on previous year | -219.7% |
| 1999 | 945.17 % change on previous year | +849.6% |
| 2000 | 10.61 % change on previous year | -98.9% |
| 2001 | 22.57 % change on previous year | +112.7% |
| 2002 | -58.32 % change on previous year | -358.4% |
| 2003 | -57.86 % change on previous year | -0.8% |
| 2004 | 185.79 % change on previous year | -421.1% |
| 2005 | 80.9 % change on previous year | -56.5% |
| 2006 | 11 % change on previous year | -86.4% |
| 2007 | -42.42 % change on previous year | -485.8% |
| 2008 | 129 % change on previous year | -404.1% |
| 2009 | -38.1 % change on previous year | -129.5% |
| 2010 | 74.25 % change on previous year | -294.9% |
| 2011 | 41.63 % change on previous year | -43.9% |
| 2012 | -6.15 % change on previous year | -114.8% |
| 2013 | 62.21 % change on previous year | -1111.9% |
| 2014 | -12.51 % change on previous year | -120.1% |
| 2015 | -18.3 % change on previous year | +46.3% |
| 2016 | -11.18 % change on previous year | -38.9% |
| 2017 | 12.41 % change on previous year | -211.0% |
| 2018 | 19.5 % change on previous year | +57.2% |
| 2019 | 32.8 % change on previous year | +68.2% |
| 2020 | -23.26 % change on previous year | -170.9% |
| 2021 | 35.19 % change on previous year | -251.3% |
| 2022 | 55.51 % change on previous year | +57.7% |
| 2023 | -29.15 % change on previous year | -152.5% |
| 2024 | -3.09 % change on previous year | -89.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 45.36 % change on previous year | -8.5 % change on previous year | 164.39 % change on previous year | 9 |
| 1980s | 0.1254 % change on previous year | -117.87 % change on previous year | 48.25 % change on previous year | 10 |
| 1990s | 300.25 % change on previous year | -122.06 % change on previous year | 945.17 % change on previous year | 9 |
| 2000s | 24.32 % change on previous year | -58.32 % change on previous year | 185.79 % change on previous year | 10 |
| 2010s | 19.47 % change on previous year | -18.3 % change on previous year | 74.25 % change on previous year | 10 |
| 2020s | 7.04 % change on previous year | -29.15 % change on previous year | 55.51 % change on previous year | 5 |
Countries ranked near Iraq
- 163 Malaysia -2.42 % change on previous year compare
- 164 Trinidad and Tobago -2.42 % change on previous year compare
- 165 Solomon Islands -2.67 % change on previous year compare
- 167 Seychelles -4.66 % change on previous year compare
- 168 Oman -5.96 % change on previous year compare
- 169 Brunei Darussalam -6.75 % change on previous year 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)
- Gross capital formation (current US$), annual growth rate -1.91 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1914 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,162 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 248.77 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1.51 million current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -40.48 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.052 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 315.75 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Iraq?
- Gross capital formation (current lcu), annual growth rate in Iraq was -3.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Iraq?
- The highest recorded value was 945.17 % change on previous year in 1999.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Iraq?
- The lowest recorded value was -122.06 % change on previous year in 1991.
- How does Iraq rank for gross capital formation (current lcu), annual growth rate?
- Iraq ranks 166th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Iraq?
- Over the last ten years it is up 75.3%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation 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
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.