Gross capital formation (current LCU), per unit of GDP in Iraq
Iraq: Gross capital formation (current LCU), per unit of GDP was 248.77 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
248.77 current LCU per US$ of GDP
Change on year
down 6.8%
World rank
20th
of 187 countries
All-time high
495.89 current LCU per US$ of GDP
in 2001
All-time low
-13.41 current LCU per US$ of GDP
in 1991
Years of data
55
1970–2024
Gross capital formation (current LCU), per unit of GDP in Iraq, 1970–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross capital formation (current lcu), per unit of gdp in Iraq is 248.77 current LCU per US$ of GDP, measured in 2024.
The figure is down 6.8% on the previous year and up 17.1% over ten years.
Over the whole period, gross capital formation (current lcu), per unit of gdp in Iraq peaked at 495.89 current LCU per US$ of GDP in 2001 and was at its lowest, -13.41 current LCU per US$ of GDP, in 1991.
Iraq ranks 20th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per unit of GDP in Iraq, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0618 current LCU per US$ of GDP | — |
| 1971 | 0.0542 current LCU per US$ of GDP | -12.3% |
| 1972 | 0.0664 current LCU per US$ of GDP | +22.6% |
| 1973 | 0.0699 current LCU per US$ of GDP | +5.2% |
| 1974 | 0.0824 current LCU per US$ of GDP | +17.9% |
| 1975 | 0.1055 current LCU per US$ of GDP | +28.0% |
| 1976 | 0.0732 current LCU per US$ of GDP | -30.6% |
| 1977 | 0.0753 current LCU per US$ of GDP | +2.9% |
| 1978 | 0.0613 current LCU per US$ of GDP | -18.6% |
| 1979 | 0.0867 current LCU per US$ of GDP | +41.5% |
| 1980 | 0.0925 current LCU per US$ of GDP | +6.6% |
| 1981 | 0.1856 current LCU per US$ of GDP | +100.8% |
| 1982 | 0.1739 current LCU per US$ of GDP | -6.3% |
| 1983 | 0.0487 current LCU per US$ of GDP | -72.0% |
| 1984 | 0.0575 current LCU per US$ of GDP | +18.2% |
| 1985 | 0.0757 current LCU per US$ of GDP | +31.5% |
| 1986 | 0.0607 current LCU per US$ of GDP | -19.8% |
| 1987 | 0.0622 current LCU per US$ of GDP | +2.6% |
| 1988 | 0.0683 current LCU per US$ of GDP | +9.7% |
| 1989 | -0.0116 current LCU per US$ of GDP | -117.0% |
| 1990 | 0.1374 current LCU per US$ of GDP | -1283.3% |
| 1991 | -13.41 current LCU per US$ of GDP | -9859.0% |
| 1992 | 66.09 current LCU per US$ of GDP | -592.9% |
| 1993 | 184.96 current LCU per US$ of GDP | +179.8% |
| 1994 | 241.69 current LCU per US$ of GDP | +30.7% |
| 1995 | 267.14 current LCU per US$ of GDP | +10.5% |
| 1996 | 361.45 current LCU per US$ of GDP | +35.3% |
| 1997 | 30.55 current LCU per US$ of GDP | -91.5% |
| 1998 | 61.4 current LCU per US$ of GDP | +101.0% |
| 1999 | 358.76 current LCU per US$ of GDP | +484.3% |
| 2000 | 302.62 current LCU per US$ of GDP | -15.6% |
| 2001 | 495.89 current LCU per US$ of GDP | +63.9% |
| 2002 | 227.07 current LCU per US$ of GDP | -54.2% |
| 2003 | 143.75 current LCU per US$ of GDP | -36.7% |
| 2004 | 245.83 current LCU per US$ of GDP | +71.0% |
| 2005 | 325.41 current LCU per US$ of GDP | +32.4% |
| 2006 | 277.57 current LCU per US$ of GDP | -14.7% |
| 2007 | 117.2 current LCU per US$ of GDP | -57.8% |
| 2008 | 181.16 current LCU per US$ of GDP | +54.6% |
| 2009 | 132.17 current LCU per US$ of GDP | -27.0% |
| 2010 | 185.65 current LCU per US$ of GDP | +40.5% |
| 2011 | 196.09 current LCU per US$ of GDP | +5.6% |
| 2012 | 156.8 current LCU per US$ of GDP | -20.0% |
| 2013 | 236.32 current LCU per US$ of GDP | +50.7% |
| 2014 | 212.4 current LCU per US$ of GDP | -10.1% |
| 2015 | 237.66 current LCU per US$ of GDP | +11.9% |
| 2016 | 211.13 current LCU per US$ of GDP | -11.2% |
| 2017 | 211.37 current LCU per US$ of GDP | +0.1% |
| 2018 | 207.99 current LCU per US$ of GDP | -1.6% |
| 2019 | 268.8 current LCU per US$ of GDP | +29.2% |
| 2020 | 266.41 current LCU per US$ of GDP | -0.9% |
| 2021 | 310.71 current LCU per US$ of GDP | +16.6% |
| 2022 | 352.57 current LCU per US$ of GDP | +13.5% |
| 2023 | 266.96 current LCU per US$ of GDP | -24.3% |
| 2024 | 248.77 current LCU per US$ of GDP | -6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0737 current LCU per US$ of GDP | 0.0542 current LCU per US$ of GDP | 0.1055 current LCU per US$ of GDP | 10 |
| 1980s | 0.0813 current LCU per US$ of GDP | -0.0116 current LCU per US$ of GDP | 0.1856 current LCU per US$ of GDP | 10 |
| 1990s | 155.88 current LCU per US$ of GDP | -13.41 current LCU per US$ of GDP | 361.45 current LCU per US$ of GDP | 10 |
| 2000s | 244.87 current LCU per US$ of GDP | 117.2 current LCU per US$ of GDP | 495.89 current LCU per US$ of GDP | 10 |
| 2010s | 212.42 current LCU per US$ of GDP | 156.8 current LCU per US$ of GDP | 268.8 current LCU per US$ of GDP | 10 |
| 2020s | 289.08 current LCU per US$ of GDP | 248.77 current LCU per US$ of GDP | 352.57 current LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 17 Rwanda 487.48 current LCU per US$ of GDP compare
- 18 Republic of Korea 414.37 current LCU per US$ of GDP compare
- 19 Malawi 275.46 current LCU per US$ of GDP compare
- 21 Chile 228.86 current LCU per US$ of GDP compare
- 22 Benin 208.48 current LCU per US$ of GDP compare
- 23 Argentina 199.94 current 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)
- 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), annual growth rate -3.09 % change on previous year (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), per unit of gdp in Iraq?
- Gross capital formation (current lcu), per unit of gdp in Iraq was 248.77 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 495.89 current LCU per US$ of GDP in 2001.
- What is the lowest gross capital formation (current lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was -13.41 current LCU per US$ of GDP in 1991.
- How does Iraq rank for gross capital formation (current lcu), per unit of gdp?
- Iraq ranks 20th out of 187 countries with data for 2024.
- Is gross capital formation (current lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 17.1%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current LCU) ÷ GDP (current US$)
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 (current 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.