Gross Domestic Product — Value Standard Local Currency, 2015 prices in Iraq
Iraq: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 216.39 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Iraq, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Iraq recorded 216.39 million million SLC for gross domestic product — value standard local currency, 2015 prices in 2024.
That represents a change of down 1.5% on the previous year and up 16.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Iraq peaked at 237.65 million million SLC in 2019 and was at its lowest, 25.77 million million SLC, in 1991.
Iraq ranks 9th of 194 countries on this measure, in the top 10%.
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 | million SLC | Change |
|---|---|---|
| 1970 | 30.78 million million SLC | — |
| 1971 | 32.91 million million SLC | +6.9% |
| 1972 | 31.68 million million SLC | -3.7% |
| 1973 | 37.68 million million SLC | +18.9% |
| 1974 | 40.71 million million SLC | +8.1% |
| 1975 | 46.56 million million SLC | +14.4% |
| 1976 | 56.18 million million SLC | +20.6% |
| 1977 | 57.21 million million SLC | +1.8% |
| 1978 | 67.64 million million SLC | +18.2% |
| 1979 | 83.83 million million SLC | +23.9% |
| 1980 | 84.18 million million SLC | +0.4% |
| 1981 | 69.04 million million SLC | -18.0% |
| 1982 | 68.30 million million SLC | -1.1% |
| 1983 | 62.64 million million SLC | -8.3% |
| 1984 | 62.75 million million SLC | +0.2% |
| 1985 | 62.74 million million SLC | -0.0% |
| 1986 | 67.84 million million SLC | +8.1% |
| 1987 | 80.99 million million SLC | +19.4% |
| 1988 | 83.46 million million SLC | +3.1% |
| 1989 | 76.06 million million SLC | -8.9% |
| 1990 | 76.07 million million SLC | +0.0% |
| 1991 | 25.77 million million SLC | -66.1% |
| 1992 | 32.38 million million SLC | +25.6% |
| 1993 | 48.11 million million SLC | +48.6% |
| 1994 | 45.89 million million SLC | -4.6% |
| 1995 | 37.48 million million SLC | -18.3% |
| 1996 | 56.09 million million SLC | +49.6% |
| 1997 | 68.37 million million SLC | +21.9% |
| 1998 | 92.20 million million SLC | +34.9% |
| 1999 | 108.41 million million SLC | +17.6% |
| 2000 | 109.93 million million SLC | +1.4% |
| 2001 | 112.47 million million SLC | +2.3% |
| 2002 | 104.70 million million SLC | -6.9% |
| 2003 | 70.05 million million SLC | -33.1% |
| 2004 | 107.98 million million SLC | +54.2% |
| 2005 | 109.79 million million SLC | +1.7% |
| 2006 | 115.98 million million SLC | +5.6% |
| 2007 | 118.17 million million SLC | +1.9% |
| 2008 | 127.90 million million SLC | +8.2% |
| 2009 | 132.22 million million SLC | +3.4% |
| 2010 | 140.68 million million SLC | +6.4% |
| 2011 | 151.30 million million SLC | +7.5% |
| 2012 | 172.39 million million SLC | +13.9% |
| 2013 | 185.53 million million SLC | +7.6% |
| 2014 | 185.90 million million SLC | +0.2% |
| 2015 | 194.68 million million SLC | +4.7% |
| 2016 | 221.52 million million SLC | +13.8% |
| 2017 | 217.49 million million SLC | -1.8% |
| 2018 | 223.22 million million SLC | +2.6% |
| 2019 | 237.65 million million SLC | +6.5% |
| 2020 | 207.18 million million SLC | -12.8% |
| 2021 | 210.29 million million SLC | +1.5% |
| 2022 | 226.36 million million SLC | +7.6% |
| 2023 | 219.79 million million SLC | -2.9% |
| 2024 | 216.39 million million SLC | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.52 million million SLC | 30.78 million million SLC | 83.83 million million SLC | 10 |
| 1980s | 71.80 million million SLC | 62.64 million million SLC | 84.18 million million SLC | 10 |
| 1990s | 59.08 million million SLC | 25.77 million million SLC | 108.41 million million SLC | 10 |
| 2000s | 110.92 million million SLC | 70.05 million million SLC | 132.22 million million SLC | 10 |
| 2010s | 193.04 million million SLC | 140.68 million million SLC | 237.65 million million SLC | 10 |
| 2020s | 216.00 million million SLC | 207.18 million million SLC | 226.36 million million SLC | 5 |
Countries ranked near Iraq
- 6 Paraguay 238.86 million million SLC compare
- 6 Syrian Arab Republic 4.95 million million SLC compare
- 7 India 224.20 million million SLC compare
- 7 Türkiye 3.52 million million SLC compare
- 8 Democratic People's Republic of Korea 1.67 million million SLC compare
- 8 Somalia 223.49 million million SLC compare
- 9 Bolivia (Plurinational State of) 276,730 million SLC compare
- 10 Chile 187.82 million million SLC compare
- 10 Republic of Moldova 173,742 million SLC compare
- 11 Cambodia 155.73 million million SLC compare
- 11 Timor-Leste 1,731 million SLC compare
- 12 Micronesia (Federated States of) 338.76 million SLC compare
- 12 Uganda 147.60 million million SLC 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)
- Gross capital formation (current US$), annual growth rate -1.91 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1914 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 1,162 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -3.09 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 248.77 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 1.51 million current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -40.48 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.052 constant 2015 US$ per US$ of GDP (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 216.39 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Iraq?
- The highest recorded value was 237.65 million million SLC in 2019.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Iraq?
- The lowest recorded value was 25.77 million million SLC in 1991.
- How does Iraq rank for gross domestic product — value standard local currency, 2015 prices?
- Iraq ranks 9th out of 194 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 up 16.4%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).