Gross Domestic Product, GDP in millions constant 2021 international $ in Iraq
Iraq: Gross Domestic Product, GDP in millions constant 2021 international $ was 638,468 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Iraq, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Iraq is 638,468, measured in 2027. That is the highest value across all 37 years on record.
That represents a change of up 3.6% on the previous year and up 12.6% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Iraq peaked at 638,468 in 2027 and was at its lowest, 67,856, in 1991.
Iraq ranks 44th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 67,856 | — |
| 1992 | 89,972 | +32.6% |
| 1993 | 117,224 | +30.3% |
| 1994 | 121,743 | +3.9% |
| 1995 | 124,324 | +2.1% |
| 1996 | 138,025 | +11.0% |
| 1997 | 167,339 | +21.2% |
| 1998 | 225,909 | +35.0% |
| 1999 | 265,624 | +17.6% |
| 2000 | 310,238 | +16.8% |
| 2001 | 315,719 | +1.8% |
| 2002 | 289,818 | -8.2% |
| 2003 | 183,580 | -36.7% |
| 2004 | 281,586 | +53.4% |
| 2005 | 286,303 | +1.7% |
| 2006 | 302,445 | +5.6% |
| 2007 | 308,157 | +1.9% |
| 2008 | 333,513 | +8.2% |
| 2009 | 344,783 | +3.4% |
| 2010 | 366,858 | +6.4% |
| 2011 | 394,543 | +7.5% |
| 2012 | 449,528 | +13.9% |
| 2013 | 483,820 | +7.6% |
| 2014 | 494,772 | +2.3% |
| 2015 | 507,669 | +2.6% |
| 2016 | 577,663 | +13.8% |
| 2017 | 567,151 | -1.8% |
| 2018 | 582,089 | +2.6% |
| 2019 | 614,185 | +5.5% |
| 2020 | 537,970 | -12.4% |
| 2021 | 545,653 | +1.4% |
| 2022 | 587,739 | +7.7% |
| 2023 | 593,146 | +0.9% |
| 2024 | 592,167 | -0.2% |
| 2025 | 594,844 | +0.5% |
| 2026 | 616,490 | +3.6% |
| 2027 | 638,468 | +3.6% |
Iraq compared with similar countries
- Iraq's 638,468 is above the median for upper middle income countries, which is 133,081, 4.8× the median. (53 countries reporting)
- Iraq's 638,468 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 214,891, 3.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 2004 | +53.4% | 183,580 | 281,586 |
| 2003 | -36.7% | 289,818 | 183,580 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 146,446 | 67,856 | 265,624 | 9 |
| 2000s | 295,614 | 183,580 | 344,783 | 10 |
| 2010s | 503,828 | 366,858 | 614,185 | 10 |
| 2020s | 588,310 | 537,970 | 638,468 | 8 |
Countries ranked near Iraq
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 in millions constant 2021 international $ in Iraq?
- Gross domestic product, gdp in millions constant 2021 international $ in Iraq was 638,468 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Iraq?
- The highest recorded value was 638,468 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Iraq?
- The lowest recorded value was 67,856 in 1991.
- How does Iraq rank for gross domestic product, gdp in millions constant 2021 international $?
- Iraq ranks 44th out of 188 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 12.6%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.