Gross Domestic Product — Value US$, 2015 prices in Iraq
Iraq: Gross Domestic Product — Value US$, 2015 prices was 185,375 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Iraq, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$, 2015 prices in Iraq stood at 185,375 million USD.
The figure is down 1.5% on the previous year and up 16.4% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Iraq peaked at 203,582 million USD in 2019 and was at its lowest, 22,079 million USD, in 1991.
Iraq ranks 52nd of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Iraq, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 26,364 million USD | — |
| 1971 | 28,193 million USD | +6.9% |
| 1972 | 27,141 million USD | -3.7% |
| 1973 | 32,277 million USD | +18.9% |
| 1974 | 34,878 million USD | +8.1% |
| 1975 | 39,889 million USD | +14.4% |
| 1976 | 48,124 million USD | +20.6% |
| 1977 | 49,011 million USD | +1.8% |
| 1978 | 57,948 million USD | +18.2% |
| 1979 | 71,816 million USD | +23.9% |
| 1980 | 72,110 million USD | +0.4% |
| 1981 | 59,146 million USD | -18.0% |
| 1982 | 58,509 million USD | -1.1% |
| 1983 | 53,660 million USD | -8.3% |
| 1984 | 53,755 million USD | +0.2% |
| 1985 | 53,746 million USD | -0.0% |
| 1986 | 58,119 million USD | +8.1% |
| 1987 | 69,382 million USD | +19.4% |
| 1988 | 71,499 million USD | +3.1% |
| 1989 | 65,157 million USD | -8.9% |
| 1990 | 65,168 million USD | +0.0% |
| 1991 | 22,079 million USD | -66.1% |
| 1992 | 27,739 million USD | +25.6% |
| 1993 | 41,212 million USD | +48.6% |
| 1994 | 39,309 million USD | -4.6% |
| 1995 | 32,111 million USD | -18.3% |
| 1996 | 48,051 million USD | +49.6% |
| 1997 | 58,566 million USD | +21.9% |
| 1998 | 78,980 million USD | +34.9% |
| 1999 | 92,867 million USD | +17.6% |
| 2000 | 94,173 million USD | +1.4% |
| 2001 | 96,344 million USD | +2.3% |
| 2002 | 89,696 million USD | -6.9% |
| 2003 | 60,005 million USD | -33.1% |
| 2004 | 92,504 million USD | +54.2% |
| 2005 | 94,053 million USD | +1.7% |
| 2006 | 99,356 million USD | +5.6% |
| 2007 | 101,233 million USD | +1.9% |
| 2008 | 109,562 million USD | +8.2% |
| 2009 | 113,265 million USD | +3.4% |
| 2010 | 120,516 million USD | +6.4% |
| 2011 | 129,611 million USD | +7.5% |
| 2012 | 147,675 million USD | +13.9% |
| 2013 | 158,939 million USD | +7.6% |
| 2014 | 159,253 million USD | +0.2% |
| 2015 | 166,774 million USD | +4.7% |
| 2016 | 189,768 million USD | +13.8% |
| 2017 | 186,315 million USD | -1.8% |
| 2018 | 191,222 million USD | +2.6% |
| 2019 | 203,582 million USD | +6.5% |
| 2020 | 177,480 million USD | -12.8% |
| 2021 | 180,146 million USD | +1.5% |
| 2022 | 193,908 million USD | +7.6% |
| 2023 | 188,285 million USD | -2.9% |
| 2024 | 185,375 million USD | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41,564 million USD | 26,364 million USD | 71,816 million USD | 10 |
| 1980s | 61,508 million USD | 53,660 million USD | 72,110 million USD | 10 |
| 1990s | 50,608 million USD | 22,079 million USD | 92,867 million USD | 10 |
| 2000s | 95,019 million USD | 60,005 million USD | 113,265 million USD | 10 |
| 2010s | 165,366 million USD | 120,516 million USD | 203,582 million USD | 10 |
| 2020s | 185,039 million USD | 177,480 million USD | 193,908 million USD | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth -9.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,300 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.03 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -2.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7403 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 4,005 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth -2.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 815.11 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Iraq?
- Gross domestic product — value us$, 2015 prices in Iraq was 185,375 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Iraq?
- The highest recorded value was 203,582 million USD in 2019.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Iraq?
- The lowest recorded value was 22,079 million USD in 1991.
- How does Iraq rank for gross domestic product — value us$, 2015 prices?
- Iraq ranks 52nd out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 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).