Gross Domestic Product — Value Standard Local Currency, 2015 prices in Iraq
Iraq: Gross Domestic Product — Value Standard Local Currency, 2015 prices was -1.55 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iraq recorded -1.55 % change on previous year for gross domestic product — value standard local currency, 2015 prices in 2024.
The figure is up 46.7% on the previous year and down 883.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Iraq peaked at 54.16 % change on previous year in 2004 and was at its lowest, -66.12 % change on previous year, in 1991.
That places Iraq 210th out of 223 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 Domestic Product — Value Standard Local Currency, 2015 prices in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.94 % change on previous year | — |
| 1972 | -3.73 % change on previous year | -153.8% |
| 1973 | 18.93 % change on previous year | -606.8% |
| 1974 | 8.06 % change on previous year | -57.4% |
| 1975 | 14.37 % change on previous year | +78.3% |
| 1976 | 20.64 % change on previous year | +43.7% |
| 1977 | 1.84 % change on previous year | -91.1% |
| 1978 | 18.23 % change on previous year | +888.9% |
| 1979 | 23.93 % change on previous year | +31.2% |
| 1980 | 0.4095 % change on previous year | -98.3% |
| 1981 | -17.98 % change on previous year | -4490.1% |
| 1982 | -1.08 % change on previous year | -94.0% |
| 1983 | -8.29 % change on previous year | +669.1% |
| 1984 | 0.1777 % change on previous year | -102.1% |
| 1985 | -0.0169 % change on previous year | -109.5% |
| 1986 | 8.14 % change on previous year | -48266.7% |
| 1987 | 19.38 % change on previous year | +138.2% |
| 1988 | 3.05 % change on previous year | -84.2% |
| 1989 | -8.87 % change on previous year | -390.6% |
| 1990 | 0.017 % change on previous year | -100.2% |
| 1991 | -66.12 % change on previous year | -389951.0% |
| 1992 | 25.63 % change on previous year | -138.8% |
| 1993 | 48.57 % change on previous year | +89.5% |
| 1994 | -4.62 % change on previous year | -109.5% |
| 1995 | -18.31 % change on previous year | +296.5% |
| 1996 | 49.64 % change on previous year | -371.1% |
| 1997 | 21.88 % change on previous year | -55.9% |
| 1998 | 34.86 % change on previous year | +59.3% |
| 1999 | 17.58 % change on previous year | -49.6% |
| 2000 | 1.41 % change on previous year | -92.0% |
| 2001 | 2.31 % change on previous year | +63.9% |
| 2002 | -6.9 % change on previous year | -399.3% |
| 2003 | -33.1 % change on previous year | +379.7% |
| 2004 | 54.16 % change on previous year | -263.6% |
| 2005 | 1.68 % change on previous year | -96.9% |
| 2006 | 5.64 % change on previous year | +236.5% |
| 2007 | 1.89 % change on previous year | -66.5% |
| 2008 | 8.23 % change on previous year | +335.8% |
| 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 | 0.1973 % change on previous year | -97.4% |
| 2015 | 4.72 % change on previous year | +2294.2% |
| 2016 | 13.79 % change on previous year | +191.9% |
| 2017 | -1.82 % change on previous year | -113.2% |
| 2018 | 2.63 % change on previous year | -244.7% |
| 2019 | 6.46 % change on previous year | +145.4% |
| 2020 | -12.82 % change on previous year | -298.4% |
| 2021 | 1.5 % change on previous year | -111.7% |
| 2022 | 7.64 % change on previous year | +408.6% |
| 2023 | -2.9 % change on previous year | -138.0% |
| 2024 | -1.55 % change on previous year | -46.7% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 | -389951.0% | 0.017 % change on previous year | -66.12 % change on previous year |
| 1986 | +48266.7% | -0.0169 % change on previous year | 8.14 % change on previous year |
| 1981 | -4490.1% | 0.4095 % change on previous year | -17.98 % change on previous year |
| 2015 | +2294.2% | 0.1973 % change on previous year | 4.72 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.13 % change on previous year | -3.73 % change on previous year | 23.93 % change on previous year | 9 |
| 1980s | -0.5076 % change on previous year | -17.98 % change on previous year | 19.38 % change on previous year | 10 |
| 1990s | 10.91 % change on previous year | -66.12 % change on previous year | 49.64 % change on previous year | 10 |
| 2000s | 3.87 % change on previous year | -33.1 % change on previous year | 54.16 % change on previous year | 10 |
| 2010s | 6.15 % change on previous year | -1.82 % change on previous year | 13.94 % change on previous year | 10 |
| 2020s | -1.63 % change on previous year | -12.82 % change on previous year | 7.64 % change on previous year | 5 |
Countries ranked near Iraq
- 207 Myanmar -0.972 % change on previous year compare
- 208 Austria -1.17 % change on previous year compare
- 209 Yemen -1.5 % change on previous year compare
- 211 Argentina -1.72 % change on previous year compare
- 212 Ecuador -2 % change on previous year compare
- 213 East Timor -2.19 % change on previous year compare
- 213 Timor-Leste -2.19 % 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 — value standard local currency, 2015 prices in Iraq?
- Gross domestic product — value standard local currency, 2015 prices in Iraq was -1.55 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Iraq?
- The highest recorded value was 54.16 % change on previous year in 2004.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Iraq?
- The lowest recorded value was -66.12 % change on previous year in 1991.
- How does Iraq rank for gross domestic product — value standard local currency, 2015 prices?
- Iraq ranks 210th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Iraq?
- Over the last ten years it is down 883.5%. 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 — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.