Gross capital formation (current US$), per unit of GDP (unit GDP US) in Iraq
Iraq: Gross capital formation (current US$), per unit of GDP (unit GDP US) was 0.1914 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross capital formation (current US$), per unit of GDP in Iraq, 1970–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross capital formation (current us$), per unit of gdp in Iraq stood at 0.1914 current US$ per US$ of GDP.
Compared with earlier readings it is down 5.7% on the previous year and up 5.1% over ten years.
Over the whole period, gross capital formation (current us$), per unit of gdp in Iraq peaked at 0.6188 current US$ per US$ of GDP in 1981 and was at its lowest, -0.1288 current US$ per US$ of GDP, in 1991.
Iraq ranks 138th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current US$), per unit of GDP (unit GDP US) in Iraq, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1731 current US$ per US$ of GDP | — |
| 1971 | 0.1532 current US$ per US$ of GDP | -11.4% |
| 1972 | 0.1996 current US$ per US$ of GDP | +30.2% |
| 1973 | 0.2308 current US$ per US$ of GDP | +15.6% |
| 1974 | 0.279 current US$ per US$ of GDP | +20.9% |
| 1975 | 0.3572 current US$ per US$ of GDP | +28.0% |
| 1976 | 0.2477 current US$ per US$ of GDP | -30.6% |
| 1977 | 0.2549 current US$ per US$ of GDP | +2.9% |
| 1978 | 0.2074 current US$ per US$ of GDP | -18.6% |
| 1979 | 0.2936 current US$ per US$ of GDP | +41.5% |
| 1980 | 0.3082 current US$ per US$ of GDP | +5.0% |
| 1981 | 0.6188 current US$ per US$ of GDP | +100.8% |
| 1982 | 0.5797 current US$ per US$ of GDP | -6.3% |
| 1983 | 0.157 current US$ per US$ of GDP | -72.9% |
| 1984 | 0.1856 current US$ per US$ of GDP | +18.2% |
| 1985 | 0.2441 current US$ per US$ of GDP | +31.5% |
| 1986 | 0.1958 current US$ per US$ of GDP | -19.8% |
| 1987 | 0.2008 current US$ per US$ of GDP | +2.6% |
| 1988 | 0.2202 current US$ per US$ of GDP | +9.7% |
| 1989 | -0.0375 current US$ per US$ of GDP | -117.0% |
| 1990 | 0.4432 current US$ per US$ of GDP | -1283.3% |
| 1991 | -0.1288 current US$ per US$ of GDP | -129.1% |
| 1992 | 0.3179 current US$ per US$ of GDP | -346.8% |
| 1993 | 0.5934 current US$ per US$ of GDP | +86.7% |
| 1994 | 0.5817 current US$ per US$ of GDP | -2.0% |
| 1995 | 0.5144 current US$ per US$ of GDP | -11.6% |
| 1996 | 0.5801 current US$ per US$ of GDP | +12.8% |
| 1997 | 0.042 current US$ per US$ of GDP | -92.8% |
| 1998 | 0.0739 current US$ per US$ of GDP | +75.9% |
| 1999 | 0.3839 current US$ per US$ of GDP | +419.4% |
| 2000 | 0.2915 current US$ per US$ of GDP | -24.1% |
| 2001 | 0.4342 current US$ per US$ of GDP | +49.0% |
| 2002 | 0.1823 current US$ per US$ of GDP | -58.0% |
| 2003 | 0.1065 current US$ per US$ of GDP | -41.6% |
| 2004 | 0.1692 current US$ per US$ of GDP | +58.8% |
| 2005 | 0.2216 current US$ per US$ of GDP | +31.0% |
| 2006 | 0.1892 current US$ per US$ of GDP | -14.6% |
| 2007 | 0.0934 current US$ per US$ of GDP | -50.6% |
| 2008 | 0.1518 current US$ per US$ of GDP | +62.5% |
| 2009 | 0.113 current US$ per US$ of GDP | -25.6% |
| 2010 | 0.1587 current US$ per US$ of GDP | +40.5% |
| 2011 | 0.1676 current US$ per US$ of GDP | +5.6% |
| 2012 | 0.1345 current US$ per US$ of GDP | -19.8% |
| 2013 | 0.2027 current US$ per US$ of GDP | +50.7% |
| 2014 | 0.1822 current US$ per US$ of GDP | -10.1% |
| 2015 | 0.2036 current US$ per US$ of GDP | +11.8% |
| 2016 | 0.1788 current US$ per US$ of GDP | -12.2% |
| 2017 | 0.1785 current US$ per US$ of GDP | -0.1% |
| 2018 | 0.1759 current US$ per US$ of GDP | -1.5% |
| 2019 | 0.2274 current US$ per US$ of GDP | +29.3% |
| 2020 | 0.2235 current US$ per US$ of GDP | -1.7% |
| 2021 | 0.2143 current US$ per US$ of GDP | -4.1% |
| 2022 | 0.2431 current US$ per US$ of GDP | +13.5% |
| 2023 | 0.2029 current US$ per US$ of GDP | -16.6% |
| 2024 | 0.1914 current US$ per US$ of GDP | -5.7% |
Iraq compared with similar countries
- Iraq's 0.1914 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.2446 current US$ per US$ of GDP, 78% of the median. (52 countries reporting)
- Iraq's 0.1914 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.1914 current US$ per US$ of GDP, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current US$), per unit of GDP (unit GDP US) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +1283.3% | -0.0375 current US$ per US$ of GDP | 0.4432 current US$ per US$ of GDP |
| 1999 | +419.4% | 0.0739 current US$ per US$ of GDP | 0.3839 current US$ per US$ of GDP |
| 1992 | +346.8% | -0.1288 current US$ per US$ of GDP | 0.3179 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2397 current US$ per US$ of GDP | 0.1532 current US$ per US$ of GDP | 0.3572 current US$ per US$ of GDP | 10 |
| 1980s | 0.2673 current US$ per US$ of GDP | -0.0375 current US$ per US$ of GDP | 0.6188 current US$ per US$ of GDP | 10 |
| 1990s | 0.3402 current US$ per US$ of GDP | -0.1288 current US$ per US$ of GDP | 0.5934 current US$ per US$ of GDP | 10 |
| 2000s | 0.1953 current US$ per US$ of GDP | 0.0934 current US$ per US$ of GDP | 0.4342 current US$ per US$ of GDP | 10 |
| 2010s | 0.181 current US$ per US$ of GDP | 0.1345 current US$ per US$ of GDP | 0.2274 current US$ per US$ of GDP | 10 |
| 2020s | 0.215 current US$ per US$ of GDP | 0.1914 current US$ per US$ of GDP | 0.2431 current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 135 Cameroon 0.1934 current US$ per US$ of GDP compare
- 136 Cote d'Ivoire 0.193 current US$ per US$ of GDP compare
- 137 Cyprus 0.1926 current US$ per US$ of GDP compare
- 139 Trinidad and Tobago 0.1899 current US$ per US$ of GDP compare
- 140 Azerbaijan 0.1889 current US$ per US$ of GDP compare
- 141 Seychelles 0.1871 current US$ 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 us$), per unit of gdp in Iraq?
- Gross capital formation (current us$), per unit of gdp in Iraq was 0.1914 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.6188 current US$ per US$ of GDP in 1981.
- What is the lowest gross capital formation (current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was -0.1288 current US$ per US$ of GDP in 1991.
- How does Iraq rank for gross capital formation (current us$), per unit of gdp?
- Iraq ranks 138th out of 187 countries with data for 2024.
- Is gross capital formation (current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 5.1%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.