Gross capital formation (current US$), annual growth rate in Iraq

Iraq: Gross capital formation (current US$), annual growth rate was -1.91 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-1.91 % change on previous year
Change on year
up 91.3%
World rank
151st
of 186 countries
All-time high
829.07 % change on previous year
in 1999
All-time low
-117.87 % change on previous year
in 1989
Years of data
53
1971–2024

Gross capital formation (current US$), annual growth rate in Iraq, 1971–2024

-2000200400600800197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross capital formation (current us$), annual growth rate in Iraq stood at -1.91 % change on previous year.

The figure is up 91.3% on the previous year and up 84.7% over ten years.

Over the whole period, gross capital formation (current us$), annual growth rate in Iraq peaked at 829.07 % change on previous year in 1999 and was at its lowest, -117.87 % change on previous year, in 1989.

That places Iraq 151st 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 US$), annual growth rate in Iraq, year by year

Annual values for Gross capital formation (current US$), annual growth rate in Iraq, 1971 to 2024.
Year % change on previous year Change
1971 4.32 % change on previous year
1972 38.59 % change on previous year +793.7%
1973 44.33 % change on previous year +14.9%
1974 171.19 % change on previous year +286.2%
1975 49.6 % change on previous year -71.0%
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 -5047.8%
1980 45.93 % change on previous year -63.3%
1981 44.46 % change on previous year -3.2%
1982 4.96 % change on previous year -88.8%
1983 -73.99 % change on previous year -1591.2%
1984 36.31 % change on previous year -149.1%
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 -100.07 % change on previous year -15.1%
1992 435.12 % change on previous year -534.8%
1993 247.9 % change on previous year -43.0%
1994 279.16 % change on previous year +12.6%
1995 185.69 % change on previous year -33.5%
1996 -8.75 % change on previous year -104.7%
1997 -85.58 % change on previous year +877.9%
1998 74.6 % change on previous year -187.2%
1999 829.07 % change on previous year +1011.3%
2000 -0.4435 % change on previous year -100.1%
2001 11.43 % change on previous year -2677.8%
2002 -61.79 % change on previous year -640.5%
2003 -61.1 % change on previous year -1.1%
2004 165.42 % change on previous year -370.8%
2005 78.98 % change on previous year -52.3%
2006 11.11 % change on previous year -85.9%
2007 -32.66 % change on previous year -394.0%
2008 140.81 % change on previous year -531.1%
2009 -36.88 % change on previous year -126.2%
2010 74.25 % change on previous year -301.3%
2011 41.63 % change on previous year -43.9%
2012 -5.84 % change on previous year -114.0%
2013 62.23 % change on previous year -1165.9%
2014 -12.51 % change on previous year -120.1%
2015 -18.39 % change on previous year +47.1%
2016 -12.21 % change on previous year -33.6%
2017 12.12 % change on previous year -199.3%
2018 19.63 % change on previous year +61.9%
2019 32.88 % change on previous year +67.5%
2020 -23.91 % change on previous year -172.7%
2021 11.15 % change on previous year -146.6%
2022 55.51 % change on previous year +397.8%
2023 -21.92 % change on previous year -139.5%
2024 -1.91 % change on previous year -91.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 48.58 % change on previous year -8.5 % change on previous year 171.19 % change on previous year 9
1980s -0.1935 % change on previous year -117.87 % change on previous year 45.93 % change on previous year 10
1990s 206.35 % change on previous year -100.07 % change on previous year 829.07 % change on previous year 9
2000s 21.49 % change on previous year -61.79 % change on previous year 165.42 % change on previous year 10
2010s 19.38 % change on previous year -18.39 % change on previous year 74.25 % change on previous year 10
2020s 3.78 % change on previous year -23.91 % change on previous year 55.51 % change on previous year 5

Countries ranked near Iraq

  1. 148 Bolivia, Plurinational State of -0.8702 % change on previous year compare
  2. 149 Philippines -1.34 % change on previous year compare
  3. 150 Lebanon -1.51 % change on previous year compare
  4. 152 New Zealand -2.21 % change on previous year compare
  5. 153 Trinidad and Tobago -2.37 % change on previous year compare
  6. 154 Republic of Korea -2.97 % change on previous year compare

See the full ranking of 229 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross capital formation (current us$), annual growth rate in Iraq?
Gross capital formation (current us$), annual growth rate in Iraq was -1.91 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross capital formation (current us$), annual growth rate recorded in Iraq?
The highest recorded value was 829.07 % change on previous year in 1999.
What is the lowest gross capital formation (current us$), annual growth rate recorded in Iraq?
The lowest recorded value was -117.87 % change on previous year in 1989.
How does Iraq rank for gross capital formation (current us$), annual growth rate?
Iraq ranks 151st out of 186 countries with data for 2024.
Is gross capital formation (current us$), annual growth rate rising or falling in Iraq?
Over the last ten years it is up 84.7%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross capital formation (current US$), annual growth rate in Iraq. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-current-us-annual-growth-rate/iraq/

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How this figure is calculated

The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross capital formation (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,635 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.