Gross Domestic Product, GDP in millions constant 2021 … annual in Iraq
Iraq: Gross Domestic Product, GDP in millions constant 2021 … annual was 3.57 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Iraq, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Iraq stood at 3.57 % change on previous year.
That represents a change of down 2.0% on the previous year and up 295.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Iraq peaked at 53.39 % change on previous year in 2004 and was at its lowest, -36.66 % change on previous year, in 2003.
That places Iraq 74th out of 189 countries with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 … annual in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 32.59 % change on previous year | — |
| 1993 | 30.29 % change on previous year | -7.1% |
| 1994 | 3.86 % change on previous year | -87.3% |
| 1995 | 2.12 % change on previous year | -45.0% |
| 1996 | 11.02 % change on previous year | +419.8% |
| 1997 | 21.24 % change on previous year | +92.7% |
| 1998 | 35 % change on previous year | +64.8% |
| 1999 | 17.58 % change on previous year | -49.8% |
| 2000 | 16.8 % change on previous year | -4.5% |
| 2001 | 1.77 % change on previous year | -89.5% |
| 2002 | -8.2 % change on previous year | -564.4% |
| 2003 | -36.66 % change on previous year | +346.8% |
| 2004 | 53.39 % change on previous year | -245.6% |
| 2005 | 1.68 % change on previous year | -96.9% |
| 2006 | 5.64 % change on previous year | +236.6% |
| 2007 | 1.89 % change on previous year | -66.5% |
| 2008 | 8.23 % change on previous year | +335.7% |
| 2009 | 3.38 % change on previous year | -58.9% |
| 2010 | 6.4 % change on previous year | +89.5% |
| 2011 | 7.55 % change on previous year | +17.9% |
| 2012 | 13.94 % change on previous year | +84.7% |
| 2013 | 7.63 % change on previous year | -45.3% |
| 2014 | 2.26 % change on previous year | -70.3% |
| 2015 | 2.61 % change on previous year | +15.2% |
| 2016 | 13.79 % change on previous year | +428.9% |
| 2017 | -1.82 % change on previous year | -113.2% |
| 2018 | 2.63 % change on previous year | -244.7% |
| 2019 | 5.51 % change on previous year | +109.3% |
| 2020 | -12.41 % change on previous year | -325.1% |
| 2021 | 1.43 % change on previous year | -111.5% |
| 2022 | 7.71 % change on previous year | +440.1% |
| 2023 | 0.92 % change on previous year | -88.1% |
| 2024 | -0.1651 % change on previous year | -117.9% |
| 2025 | 0.4521 % change on previous year | -373.9% |
| 2026 | 3.64 % change on previous year | +705.0% |
| 2027 | 3.57 % change on previous year | -2.0% |
Iraq compared with similar countries
- Iraq's 3.57 % change on previous year is above the median for upper middle income countries, which is 3.15 % change on previous year, 1.1× the median. (53 countries reporting)
- Iraq's 3.57 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.28 % change on previous year, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.21 % change on previous year | 2.12 % change on previous year | 35 % change on previous year | 8 |
| 2000s | 4.79 % change on previous year | -36.66 % change on previous year | 53.39 % change on previous year | 10 |
| 2010s | 6.05 % change on previous year | -1.82 % change on previous year | 13.94 % change on previous year | 10 |
| 2020s | 0.6429 % change on previous year | -12.41 % change on previous year | 7.71 % change on previous year | 8 |
Countries ranked near Iraq
- 71 Honduras 3.6 % change on previous year compare
- 72 Guatemala 3.6 % change on previous year compare
- 73 Eswatini 3.58 % change on previous year compare
- 75 Albania 3.55 % change on previous year compare
- 76 Costa Rica 3.54 % change on previous year compare
- 77 Moldova 3.5 % change on previous year compare
More economy & growth data for Iraq
- Real gdp growth, annual growth rate -490.57 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Iraq?
- Gross domestic product, gdp in millions constant 2021 international $ in Iraq was 3.57 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Iraq?
- The highest recorded value was 53.39 % change on previous year in 2004.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Iraq?
- The lowest recorded value was -36.66 % change on previous year in 2003.
- How does Iraq rank for gross domestic product, gdp in millions constant 2021 international $?
- Iraq ranks 74th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Iraq?
- Over the last ten years it is up 295.9%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.