Gross domestic savings (current US$), annual growth rate in Iraq
Iraq: Gross domestic savings (current US$), annual growth rate was -19.2 % change on previous year in 2024. ◆ Volatile
Latest (2024)
-19.2 % change on previous year
Change on year
up 37.2%
World rank
161st
of 185 countries
All-time high
568.1 % change on previous year
in 1992
All-time low
-151.03 % change on previous year
in 1989
Years of data
53
1971–2024
Gross domestic savings (current US$), annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic savings (current us$), annual growth rate in Iraq stood at -19.2 % change on previous year.
Compared with earlier readings it is up 37.2% on the previous year and down 67.3% over ten years.
Over the whole period, gross domestic savings (current us$), annual growth rate in Iraq peaked at 568.1 % change on previous year in 1992 and was at its lowest, -151.03 % change on previous year, in 1989.
Iraq ranks 161st of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 27.39 % change on previous year | — |
| 1972 | 5.39 % change on previous year | -80.3% |
| 1973 | 70.98 % change on previous year | +1215.6% |
| 1974 | 217.71 % change on previous year | +206.7% |
| 1975 | -11.95 % change on previous year | -105.5% |
| 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 | +228.3% |
| 1980 | 46.06 % change on previous year | -61.0% |
| 1981 | -61.47 % change on previous year | -233.5% |
| 1982 | -40.96 % change on previous year | -33.4% |
| 1983 | -86.99 % change on previous year | +112.4% |
| 1984 | 487.49 % change on previous year | -660.4% |
| 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 | -100.06 % change on previous year | -33.8% |
| 1992 | 568.1 % change on previous year | -667.8% |
| 1993 | 218.41 % change on previous year | -61.6% |
| 1994 | 283.72 % change on previous year | +29.9% |
| 1995 | 185.64 % change on previous year | -34.6% |
| 1996 | -12.38 % change on previous year | -106.7% |
| 1997 | 99.09 % change on previous year | -900.3% |
| 1998 | -17.41 % change on previous year | -117.6% |
| 1999 | 149.48 % change on previous year | -958.4% |
| 2000 | 38.86 % change on previous year | -74.0% |
| 2001 | -35.21 % change on previous year | -190.6% |
| 2002 | -20.54 % change on previous year | -41.7% |
| 2003 | -50.8 % change on previous year | +147.3% |
| 2004 | 51.21 % change on previous year | -200.8% |
| 2005 | 53.95 % change on previous year | +5.4% |
| 2006 | 44.36 % change on previous year | -17.8% |
| 2007 | 23.55 % change on previous year | -46.9% |
| 2008 | 80.62 % change on previous year | +242.3% |
| 2009 | -56.53 % change on previous year | -170.1% |
| 2010 | 70.29 % change on previous year | -224.3% |
| 2011 | 65.57 % change on previous year | -6.7% |
| 2012 | 13.04 % change on previous year | -80.1% |
| 2013 | 8.47 % change on previous year | -35.0% |
| 2014 | -11.48 % change on previous year | -235.4% |
| 2015 | -53.09 % change on previous year | +362.7% |
| 2016 | -3.44 % change on previous year | -93.5% |
| 2017 | 46.09 % change on previous year | -1441.3% |
| 2018 | 52.87 % change on previous year | +14.7% |
| 2019 | -4.5 % change on previous year | -108.5% |
| 2020 | -48.28 % change on previous year | +973.4% |
| 2021 | 92.94 % change on previous year | -292.5% |
| 2022 | 78.11 % change on previous year | -16.0% |
| 2023 | -30.6 % change on previous year | -139.2% |
| 2024 | -19.2 % change on previous year | -37.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 55.06 % change on previous year | -11.95 % change on previous year | 217.71 % change on previous year | 9 |
| 1980s | 36.01 % change on previous year | -151.03 % change on previous year | 487.49 % change on previous year | 10 |
| 1990s | 152.73 % change on previous year | -100.06 % change on previous year | 568.1 % change on previous year | 9 |
| 2000s | 12.95 % change on previous year | -56.53 % change on previous year | 80.62 % change on previous year | 10 |
| 2010s | 18.38 % change on previous year | -53.09 % change on previous year | 70.29 % change on previous year | 10 |
| 2020s | 14.59 % change on previous year | -48.28 % change on previous year | 92.94 % change on previous year | 5 |
Countries ranked near Iraq
- 158 Azerbaijan -14.06 % change on previous year compare
- 159 Kuwait -14.56 % change on previous year compare
- 160 Cuba -16.59 % change on previous year compare
- 162 Yemen -21.14 % change on previous year compare
- 163 Ethiopia -21.69 % change on previous year compare
- 164 Lesotho -25.31 % 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)
- Industry (including construction), value added (constant 2015 US$) -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2982 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,613 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -6.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 481.78 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 2.61 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.89 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5227 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings (current us$), annual growth rate in Iraq?
- Gross domestic savings (current us$), annual growth rate in Iraq was -19.2 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current us$), annual growth rate recorded in Iraq?
- The highest recorded value was 568.1 % change on previous year in 1992.
- What is the lowest gross domestic savings (current us$), 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 us$), annual growth rate?
- Iraq ranks 161st out of 185 countries with data for 2024.
- Is gross domestic savings (current us$), annual growth rate rising or falling in Iraq?
- Over the last ten years it is down 67.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross domestic savings (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.