Gross capital formation (current LCU), per unit of GDP (current unit) in Iraq
Iraq: Gross capital formation (current LCU), per unit of GDP (current unit) was 248.77 current LCU per US$ of GDP in 2024. ◆ Volatile
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 (current unit) 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% |
Iraq compared with similar countries
- Iraq's 248.77 current LCU per US$ of GDP is above the median for upper middle income countries, which is 4.07 current LCU per US$ of GDP, 61.1× the median. (52 countries reporting)
- Iraq's 248.77 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.12 current LCU per US$ of GDP, 223.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), per unit of GDP (current unit) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | -9859.0% | 0.1374 current LCU per US$ of GDP | -13.41 current LCU per US$ of GDP |
| 1990 | +1283.3% | -0.0116 current LCU per US$ of GDP | 0.1374 current LCU per US$ of GDP |
| 1992 | +592.9% | -13.41 current LCU per US$ of GDP | 66.09 current LCU per US$ of GDP |
| 1999 | +484.3% | 61.4 current LCU per US$ of GDP | 358.76 current LCU per US$ of GDP |
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 South 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)
- SDRs holdings, US dollar, annual growth rate 165.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 6.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 152.51 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
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.