Gross domestic product (GDP), annual growth rate in Iraq
Iraq: Gross domestic product (GDP), annual growth rate was -1.09 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Iraq, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in Iraq stood at -1.09 % change on previous year.
The figure is down 115.6% on the previous year and down 123.9% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Iraq peaked at 52.41 % change on previous year in 2004 and was at its lowest, -65.93 % change on previous year, in 1991.
That places Iraq 152nd out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.58 % change on previous year | — |
| 1972 | 10.6 % change on previous year | +89.9% |
| 1973 | 21.97 % change on previous year | +107.3% |
| 1974 | 17.38 % change on previous year | -20.9% |
| 1975 | 14.26 % change on previous year | -18.0% |
| 1976 | 16.7 % change on previous year | +17.2% |
| 1977 | -17.36 % change on previous year | -204.0% |
| 1978 | 18.81 % change on previous year | -208.3% |
| 1979 | 23.91 % change on previous year | +27.1% |
| 1980 | 2.08 % change on previous year | -91.3% |
| 1981 | -5.49 % change on previous year | -364.2% |
| 1982 | -3.32 % change on previous year | -39.5% |
| 1983 | -11.68 % change on previous year | +251.7% |
| 1984 | -1.89 % change on previous year | -83.8% |
| 1985 | 0.9674 % change on previous year | -151.2% |
| 1986 | 8.65 % change on previous year | +794.2% |
| 1987 | 18.2 % change on previous year | +110.3% |
| 1988 | 3.86 % change on previous year | -78.8% |
| 1989 | -10.11 % change on previous year | -361.7% |
| 1990 | 0.3224 % change on previous year | -103.2% |
| 1991 | -65.93 % change on previous year | -20549.8% |
| 1992 | 25.35 % change on previous year | -138.5% |
| 2000 | 2.1 % change on previous year | -91.7% |
| 2001 | 2.37 % change on previous year | +12.9% |
| 2002 | -6.22 % change on previous year | -362.8% |
| 2003 | -35.71 % change on previous year | +474.1% |
| 2004 | 52.41 % change on previous year | -246.8% |
| 2005 | 6.5 % change on previous year | -87.6% |
| 2006 | 13.48 % change on previous year | +107.3% |
| 2007 | 15.35 % change on previous year | +13.9% |
| 2008 | 21.7 % change on previous year | +41.3% |
| 2009 | 15.68 % change on previous year | -27.8% |
| 2010 | 19.18 % change on previous year | +22.4% |
| 2011 | 21.02 % change on previous year | +9.6% |
| 2012 | 15.52 % change on previous year | -26.2% |
| 2013 | 4.56 % change on previous year | -70.6% |
| 2014 | -9.5 % change on previous year | -308.2% |
| 2015 | -27.16 % change on previous year | +186.0% |
| 2016 | -2.56 % change on previous year | -90.6% |
| 2017 | 16.41 % change on previous year | -740.8% |
| 2018 | 15.93 % change on previous year | -2.9% |
| 2019 | 4.7 % change on previous year | -70.5% |
| 2020 | -9.08 % change on previous year | -293.4% |
| 2021 | 10.66 % change on previous year | -217.3% |
| 2022 | 6.98 % change on previous year | -34.5% |
| 2023 | -1.09 % change on previous year | -115.6% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 | -20549.8% | 0.3224 % change on previous year | -65.93 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.43 % change on previous year | -17.36 % change on previous year | 23.91 % change on previous year | 9 |
| 1980s | 0.1261 % change on previous year | -11.68 % change on previous year | 18.2 % change on previous year | 10 |
| 1990s | -13.42 % change on previous year | -65.93 % change on previous year | 25.35 % change on previous year | 3 |
| 2000s | 8.77 % change on previous year | -35.71 % change on previous year | 52.41 % change on previous year | 10 |
| 2010s | 5.81 % change on previous year | -27.16 % change on previous year | 21.02 % change on previous year | 10 |
| 2020s | 1.87 % change on previous year | -9.08 % change on previous year | 10.66 % change on previous year | 4 |
Countries ranked near Iraq
- 149 Hungary -0.7765 % change on previous year compare
- 150 Anguilla -0.8158 % change on previous year compare
- 151 Nigeria -1.03 % change on previous year compare
- 153 Argentina -1.12 % change on previous year compare
- 154 Uruguay -1.14 % change on previous year compare
- 155 Austria -1.17 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 438.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 9.53 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.65 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -42.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0274 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -166.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in Iraq?
- Gross domestic product (gdp), annual growth rate in Iraq was -1.09 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Iraq?
- The highest recorded value was 52.41 % change on previous year in 2004.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Iraq?
- The lowest recorded value was -65.93 % change on previous year in 1991.
- How does Iraq rank for gross domestic product (gdp), annual growth rate?
- Iraq ranks 152nd out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Iraq?
- Over the last ten years it is down 123.9%. 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 domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 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 domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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 domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.