Gross domestic savings in Iraq
Iraq: Gross domestic savings was 114.18 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
114.18 trillion current LCU
Change on year
down 20.2%
World rank
9th
of 187 countries
All-time high
227.12 trillion current LCU
in 2022
All-time low
-4.61 billion current LCU
in 1991
Years of data
55
1970–2024
Gross domestic savings in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Iraq is 114.18 trillion current LCU, measured in 2024.
That represents a change of down 20.2% on the previous year and up 7.4% over ten years.
Over the whole period, gross domestic savings in Iraq peaked at 227.12 trillion current LCU in 2022 and was at its lowest, -4.61 billion current LCU, in 1991.
Iraq ranks 9th of 187 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 savings in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 318.50 million current LCU | — |
| 1971 | 401.60 million current LCU | +26.1% |
| 1972 | 398.60 million current LCU | -0.7% |
| 1973 | 620.10 million current LCU | +55.6% |
| 1974 | 1.92 billion current LCU | +209.7% |
| 1975 | 1.69 billion current LCU | -12.0% |
| 1976 | 2.30 billion current LCU | +36.1% |
| 1977 | 2.21 billion current LCU | -4.0% |
| 1978 | 3.00 billion current LCU | +36.0% |
| 1979 | 6.55 billion current LCU | +118.0% |
| 1980 | 9.72 billion current LCU | +48.4% |
| 1981 | 3.74 billion current LCU | -61.5% |
| 1982 | 2.21 billion current LCU | -41.0% |
| 1983 | 297.30 million current LCU | -86.6% |
| 1984 | 1.75 billion current LCU | +487.5% |
| 1985 | 2.48 billion current LCU | +42.1% |
| 1986 | 1.00 billion current LCU | -59.6% |
| 1987 | 2.72 billion current LCU | +171.8% |
| 1988 | 3.07 billion current LCU | +12.8% |
| 1989 | -1.57 billion current LCU | -151.0% |
| 1990 | 24.49 billion current LCU | -1662.8% |
| 1991 | -4.61 billion current LCU | -118.8% |
| 1992 | 43.08 billion current LCU | -1034.8% |
| 1993 | 205.64 billion current LCU | +377.4% |
| 1994 | 1.05 trillion current LCU | +411.5% |
| 1995 | 3.76 trillion current LCU | +257.0% |
| 1996 | 3.95 trillion current LCU | +5.1% |
| 1997 | 9.17 trillion current LCU | +132.2% |
| 1998 | 8.65 trillion current LCU | -5.6% |
| 1999 | 24.29 trillion current LCU | +180.7% |
| 2000 | 37.47 trillion current LCU | +54.3% |
| 2001 | 26.70 trillion current LCU | -28.7% |
| 2002 | 23.15 trillion current LCU | -13.3% |
| 2003 | 12.34 trillion current LCU | -46.7% |
| 2004 | 20.09 trillion current LCU | +62.8% |
| 2005 | 31.26 trillion current LCU | +55.6% |
| 2006 | 45.08 trillion current LCU | +44.2% |
| 2007 | 47.62 trillion current LCU | +5.6% |
| 2008 | 81.80 trillion current LCU | +71.8% |
| 2009 | 34.87 trillion current LCU | -57.4% |
| 2010 | 59.38 trillion current LCU | +70.3% |
| 2011 | 98.31 trillion current LCU | +65.6% |
| 2012 | 110.77 trillion current LCU | +12.7% |
| 2013 | 120.14 trillion current LCU | +8.5% |
| 2014 | 106.35 trillion current LCU | -11.5% |
| 2015 | 49.95 trillion current LCU | -53.0% |
| 2016 | 48.79 trillion current LCU | -2.3% |
| 2017 | 71.46 trillion current LCU | +46.5% |
| 2018 | 109.13 trillion current LCU | +52.7% |
| 2019 | 104.16 trillion current LCU | -4.6% |
| 2020 | 54.34 trillion current LCU | -47.8% |
| 2021 | 127.52 trillion current LCU | +134.7% |
| 2022 | 227.12 trillion current LCU | +78.1% |
| 2023 | 143.03 trillion current LCU | -37.0% |
| 2024 | 114.18 trillion current LCU | -20.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.94 billion current LCU | 318.50 million current LCU | 6.55 billion current LCU | 10 |
| 1980s | 2.54 billion current LCU | -1.57 billion current LCU | 9.72 billion current LCU | 10 |
| 1990s | 5.11 trillion current LCU | -4.61 billion current LCU | 24.29 trillion current LCU | 10 |
| 2000s | 36.04 trillion current LCU | 12.34 trillion current LCU | 81.80 trillion current LCU | 10 |
| 2010s | 87.84 trillion current LCU | 48.79 trillion current LCU | 120.14 trillion current LCU | 10 |
| 2020s | 133.24 trillion current LCU | 54.34 trillion current LCU | 227.12 trillion current LCU | 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)
- GDP (constant 2015 US$), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7403 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,005 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 815.11 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 4.41 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -19.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic savings in Iraq?
- Gross domestic savings in Iraq was 114.18 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Iraq?
- The highest recorded value was 227.12 trillion current LCU in 2022.
- What is the lowest gross domestic savings recorded in Iraq?
- The lowest recorded value was -4.61 billion current LCU in 1991.
- How does Iraq rank for gross domestic savings?
- Iraq ranks 9th out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Iraq?
- Over the last ten years it is up 7.4%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.