Gross Domestic Product — Value Standard Local Currency, per unit of in Iraq
Iraq: Gross Domestic Product — Value Standard Local Currency, per unit of was 0.0011 million SLC per US$ of GDP in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per unit of in Iraq, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Iraq recorded 0.0011 million SLC per US$ of GDP for gross domestic product — value standard local currency, per unit of in 2024.
That represents a change of down 1.2% on the previous year and down 4.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, per unit of in Iraq peaked at 0.0015 million SLC per US$ of GDP in 2005 and was at its lowest, 0 million SLC per US$ of GDP, in 1990.
That places Iraq 20th out of 191 countries with data for 2024, putting it 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, per unit of in Iraq, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | -1.6% |
| 1972 | 0 million SLC per US$ of GDP | -6.1% |
| 1973 | 0 million SLC per US$ of GDP | -10.2% |
| 1974 | 0 million SLC per US$ of GDP | -6.3% |
| 1975 | 0 million SLC per US$ of GDP | +2.0% |
| 1976 | 0 million SLC per US$ of GDP | -0.6% |
| 1977 | 0 million SLC per US$ of GDP | +0.8% |
| 1978 | 0 million SLC per US$ of GDP | -0.2% |
| 1979 | 0 million SLC per US$ of GDP | -0.9% |
| 1980 | 0 million SLC per US$ of GDP | +0.7% |
| 1981 | 0 million SLC per US$ of GDP | -2.9% |
| 1982 | 0 million SLC per US$ of GDP | +2.3% |
| 1983 | 0 million SLC per US$ of GDP | +8.0% |
| 1984 | 0 million SLC per US$ of GDP | -2.4% |
| 1985 | 0 million SLC per US$ of GDP | +0.6% |
| 1986 | 0 million SLC per US$ of GDP | -0.4% |
| 1987 | 0 million SLC per US$ of GDP | -1.1% |
| 1988 | 0 million SLC per US$ of GDP | +1.4% |
| 1989 | 0 million SLC per US$ of GDP | -0.1% |
| 1990 | 0 million SLC per US$ of GDP | -59.6% |
| 1991 | 0.0002 million SLC per US$ of GDP | +37764.7% |
| 1992 | 0.0004 million SLC per US$ of GDP | +82.7% |
| 1993 | 0.0005 million SLC per US$ of GDP | +35.0% |
| 1994 | 0.0006 million SLC per US$ of GDP | +28.0% |
| 1995 | 0.0006 million SLC per US$ of GDP | -2.5% |
| 1996 | 0.001 million SLC per US$ of GDP | +51.5% |
| 1997 | 0.0007 million SLC per US$ of GDP | -30.9% |
| 1998 | 0.0009 million SLC per US$ of GDP | +41.5% |
| 1999 | 0.0011 million SLC per US$ of GDP | +18.7% |
| 2000 | 0.0012 million SLC per US$ of GDP | +5.5% |
| 2001 | 0.0013 million SLC per US$ of GDP | +12.7% |
| 2002 | 0.0014 million SLC per US$ of GDP | +9.9% |
| 2003 | 0.0013 million SLC per US$ of GDP | -9.5% |
| 2004 | 0.0015 million SLC per US$ of GDP | +10.8% |
| 2005 | 0.0015 million SLC per US$ of GDP | +1.1% |
| 2006 | 0.0015 million SLC per US$ of GDP | -0.1% |
| 2007 | 0.0013 million SLC per US$ of GDP | -14.5% |
| 2008 | 0.0012 million SLC per US$ of GDP | -4.9% |
| 2009 | 0.0012 million SLC per US$ of GDP | -1.9% |
| 2010 | 0.0012 million SLC per US$ of GDP | -0.0% |
| 2011 | 0.0012 million SLC per US$ of GDP | +0.0% |
| 2012 | 0.0012 million SLC per US$ of GDP | -0.3% |
| 2013 | 0.0012 million SLC per US$ of GDP | -0.0% |
| 2014 | 0.0012 million SLC per US$ of GDP | +0.0% |
| 2015 | 0.0012 million SLC per US$ of GDP | +0.1% |
| 2016 | 0.0012 million SLC per US$ of GDP | +1.2% |
| 2017 | 0.0012 million SLC per US$ of GDP | +0.3% |
| 2018 | 0.0012 million SLC per US$ of GDP | -0.1% |
| 2019 | 0.0012 million SLC per US$ of GDP | -0.1% |
| 2020 | 0.0012 million SLC per US$ of GDP | +0.9% |
| 2021 | 0.0014 million SLC per US$ of GDP | +20.5% |
| 2022 | 0.0013 million SLC per US$ of GDP | -7.2% |
| 2023 | 0.0011 million SLC per US$ of GDP | -15.0% |
| 2024 | 0.0011 million SLC per US$ of GDP | -1.2% |
Iraq compared with similar countries
- Iraq's 0.0011 million SLC per US$ of GDP is above the median for upper middle income countries, which is 0 million SLC per US$ of GDP, 68.2× the median. (54 countries reporting)
- Iraq's 0.0011 million SLC per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0 million SLC per US$ of GDP, 246.7× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, per unit of 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 | +37764.7% | 0 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP |
| 1992 | +82.7% | 0.0002 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP |
| 1990 | -59.6% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1996 | +51.5% | 0.0006 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP |
| 1998 | +41.5% | 0.0007 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP |
| 1993 | +35.0% | 0.0004 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0.0006 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 10 |
| 2000s | 0.0013 million SLC per US$ of GDP | 0.0012 million SLC per US$ of GDP | 0.0015 million SLC per US$ of GDP | 10 |
| 2010s | 0.0012 million SLC per US$ of GDP | 0.0012 million SLC per US$ of GDP | 0.0012 million SLC per US$ of GDP | 10 |
| 2020s | 0.0012 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 0.0014 million SLC per US$ of GDP | 5 |
Countries ranked near Iraq
- 17 Myanmar 0.002 million SLC per US$ of GDP compare
- 18 Malawi 0.0017 million SLC per US$ of GDP compare
- 19 Rwanda 0.0012 million SLC per US$ of GDP compare
- 21 Nigeria 0.0011 million SLC per US$ of GDP compare
- 22 Chile 0.0009 million SLC per US$ of GDP compare
- 23 Argentina 0.0009 million SLC per US$ of GDP 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, per unit of in Iraq?
- Gross domestic product — value standard local currency, per unit of in Iraq was 0.0011 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per unit of recorded in Iraq?
- The highest recorded value was 0.0015 million SLC per US$ of GDP in 2005.
- What is the lowest gross domestic product — value standard local currency, per unit of recorded in Iraq?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1990.
- How does Iraq rank for gross domestic product — value standard local currency, per unit of?
- Iraq ranks 20th out of 191 countries with data for 2024.
- Is gross domestic product — value standard local currency, per unit of rising or falling in Iraq?
- Over the last ten years it is down 4.0%. 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross Domestic Product — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.