Gross domestic savings (current LCU), annual growth rate in Iraq
Iraq: Gross domestic savings (current LCU), annual growth rate was -20.17 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-20.17 % change on previous year
Change on year
up 45.5%
World rank
163rd
of 185 countries
All-time high
487.49 % change on previous year
in 1984
All-time low
-151.03 % change on previous year
in 1989
Years of data
52
1971–2024
Gross domestic savings (current LCU), annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic savings (current lcu), annual growth rate in Iraq stood at -20.17 % change on previous year.
The figure is up 45.5% on the previous year and down 75.8% over ten years.
Over the whole period, gross domestic savings (current lcu), annual growth rate in Iraq peaked at 487.49 % change on previous year in 1984 and was at its lowest, -151.03 % change on previous year, in 1989.
That places Iraq 163rd out of 185 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 savings (current LCU), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 26.09 % change on previous year | — |
| 1972 | -0.747 % change on previous year | -102.9% |
| 1973 | 55.57 % change on previous year | -7538.9% |
| 1974 | 209.74 % change on previous year | +277.4% |
| 1975 | -11.95 % change on previous year | -105.7% |
| 1976 | 36.08 % change on previous year | -401.8% |
| 1977 | -3.98 % change on previous year | -111.0% |
| 1978 | 35.95 % change on previous year | -1003.2% |
| 1979 | 118.01 % change on previous year | +228.2% |
| 1980 | 48.38 % change on previous year | -59.0% |
| 1981 | -61.47 % change on previous year | -227.0% |
| 1982 | -40.96 % change on previous year | -33.4% |
| 1983 | -86.55 % change on previous year | +111.3% |
| 1984 | 487.49 % change on previous year | -663.2% |
| 1985 | 42.06 % change on previous year | -91.4% |
| 1986 | -59.64 % change on previous year | -241.8% |
| 1987 | 171.77 % change on previous year | -388.0% |
| 1988 | 12.82 % change on previous year | -92.5% |
| 1989 | -151.03 % change on previous year | -1277.9% |
| 1991 | -118.82 % change on previous year | -21.3% |
| 1993 | 377.37 % change on previous year | -417.6% |
| 1994 | 411.49 % change on previous year | +9.0% |
| 1995 | 257 % change on previous year | -37.5% |
| 1996 | 5.13 % change on previous year | -98.0% |
| 1997 | 132.25 % change on previous year | +2476.1% |
| 1998 | -5.62 % change on previous year | -104.3% |
| 1999 | 180.65 % change on previous year | -3313.9% |
| 2000 | 54.29 % change on previous year | -69.9% |
| 2001 | -28.74 % change on previous year | -152.9% |
| 2002 | -13.32 % change on previous year | -53.7% |
| 2003 | -46.7 % change on previous year | +250.7% |
| 2004 | 62.81 % change on previous year | -234.5% |
| 2005 | 55.6 % change on previous year | -11.5% |
| 2006 | 44.21 % change on previous year | -20.5% |
| 2007 | 5.64 % change on previous year | -87.2% |
| 2008 | 71.76 % change on previous year | +1171.5% |
| 2009 | -57.37 % change on previous year | -179.9% |
| 2010 | 70.29 % change on previous year | -222.5% |
| 2011 | 65.57 % change on previous year | -6.7% |
| 2012 | 12.67 % change on previous year | -80.7% |
| 2013 | 8.46 % change on previous year | -33.2% |
| 2014 | -11.48 % change on previous year | -235.7% |
| 2015 | -53.04 % change on previous year | +362.2% |
| 2016 | -2.31 % change on previous year | -95.7% |
| 2017 | 46.46 % change on previous year | -2114.8% |
| 2018 | 52.71 % change on previous year | +13.4% |
| 2019 | -4.56 % change on previous year | -108.6% |
| 2020 | -47.83 % change on previous year | +949.5% |
| 2021 | 134.67 % change on previous year | -381.6% |
| 2022 | 78.11 % change on previous year | -42.0% |
| 2023 | -37.02 % change on previous year | -147.4% |
| 2024 | -20.17 % change on previous year | -45.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.64 % change on previous year | -11.95 % change on previous year | 209.74 % change on previous year | 9 |
| 1980s | 36.29 % change on previous year | -151.03 % change on previous year | 487.49 % change on previous year | 10 |
| 1990s | 154.93 % change on previous year | -118.82 % change on previous year | 411.49 % change on previous year | 8 |
| 2000s | 14.82 % change on previous year | -57.37 % change on previous year | 71.76 % change on previous year | 10 |
| 2010s | 18.48 % change on previous year | -53.04 % change on previous year | 70.29 % change on previous year | 10 |
| 2020s | 21.55 % change on previous year | -47.83 % change on previous year | 134.67 % change on previous year | 5 |
Countries ranked near Iraq
- 160 Azerbaijan -14.06 % change on previous year compare
- 161 Kuwait -14.7 % change on previous year compare
- 162 Somalia -17.1 % change on previous year compare
- 164 Lesotho -22.31 % change on previous year compare
- 165 South Sudan -29.63 % change on previous year compare
- 166 Equatorial Guinea -35.34 % 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)
- Manufacturing, value added (constant LCU), per capita 112,723 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -19.94 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.4539 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 2,455 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -19.94 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 590.08 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 3.19 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -6.48 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings (current lcu), annual growth rate in Iraq?
- Gross domestic savings (current lcu), annual growth rate in Iraq was -20.17 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), annual growth rate recorded in Iraq?
- The highest recorded value was 487.49 % change on previous year in 1984.
- What is the lowest gross domestic savings (current lcu), annual growth rate recorded in Iraq?
- The lowest recorded value was -151.03 % change on previous year in 1989.
- How does Iraq rank for gross domestic savings (current lcu), annual growth rate?
- Iraq ranks 163rd out of 185 countries with data for 2024.
- Is gross domestic savings (current lcu), annual growth rate rising or falling in Iraq?
- Over the last ten years it is down 75.8%. 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 savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 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 savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic savings 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
The year-on-year percentage change in Gross domestic savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.