Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Iraq
Iraq: Gross Fixed Capital Formation — Annual growth US$, 2015 prices was 26.64 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Iraq, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation — annual growth us$, 2015 prices in Iraq stood at 26.64 %.
Compared with earlier readings it is up 268.4% on the previous year and up 365.2% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$, 2015 prices in Iraq peaked at 180.51 % in 1997 and was at its lowest, -77.21 %, in 1991.
Iraq ranks 4th of 203 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth US$, 2015 prices in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 1971 | -2.53 % | — |
| 1972 | 7.58 % | -400.1% |
| 1973 | 43.23 % | +470.4% |
| 1974 | 16.18 % | -62.6% |
| 1975 | 59.24 % | +266.0% |
| 1976 | 15.59 % | -73.7% |
| 1977 | -0.7431 % | -104.8% |
| 1978 | 34.08 % | -4686.1% |
| 1979 | 9.08 % | -73.3% |
| 1980 | -1.58 % | -117.4% |
| 1981 | 80.48 % | -5206.8% |
| 1982 | -2.54 % | -103.2% |
| 1983 | -44.13 % | +1639.4% |
| 1984 | -26.17 % | -40.7% |
| 1985 | -7.92 % | -69.7% |
| 1986 | 1.29 % | -116.3% |
| 1987 | -3.71 % | -387.4% |
| 1988 | 9.69 % | -361.3% |
| 1989 | 25.73 % | +165.5% |
| 1990 | -10.32 % | -140.1% |
| 1991 | -77.21 % | +648.2% |
| 1992 | 44.08 % | -157.1% |
| 1993 | 45.97 % | +4.3% |
| 1994 | -64.83 % | -241.0% |
| 1995 | -37.5 % | -42.2% |
| 1996 | -52.04 % | +38.8% |
| 1997 | 180.51 % | -446.9% |
| 1998 | 56.46 % | -68.7% |
| 1999 | 1.36 % | -97.6% |
| 2000 | 42.35 % | +3013.3% |
| 2001 | 109.72 % | +159.1% |
| 2002 | -19.16 % | -117.5% |
| 2003 | 59.09 % | -408.4% |
| 2004 | -24.46 % | -141.4% |
| 2005 | 158.26 % | -746.9% |
| 2006 | 16.41 % | -89.6% |
| 2007 | -61.16 % | -472.6% |
| 2008 | 141.75 % | -331.8% |
| 2009 | -29.7 % | -120.9% |
| 2010 | 67.46 % | -327.2% |
| 2011 | 9.14 % | -86.5% |
| 2012 | 3.11 % | -66.0% |
| 2013 | 39.43 % | +1169.1% |
| 2014 | 5.73 % | -85.5% |
| 2015 | 20.36 % | +255.4% |
| 2016 | -36.65 % | -280.0% |
| 2017 | -0.6404 % | -98.3% |
| 2018 | 0.6375 % | -199.6% |
| 2019 | 49.57 % | +7674.8% |
| 2020 | -68.57 % | -238.3% |
| 2021 | 43.41 % | -163.3% |
| 2022 | 6.21 % | -85.7% |
| 2023 | -15.82 % | -354.8% |
| 2024 | 26.64 % | -268.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.19 % | -2.53 % | 59.24 % | 9 |
| 1980s | 3.12 % | -44.13 % | 80.48 % | 10 |
| 1990s | 8.65 % | -77.21 % | 180.51 % | 10 |
| 2000s | 39.31 % | -61.16 % | 158.26 % | 10 |
| 2010s | 15.81 % | -36.65 % | 67.46 % | 10 |
| 2020s | -1.63 % | -68.57 % | 43.41 % | 5 |
Countries ranked near Iraq
- 1 Yemen Dem 635.61 % compare
- 2 Guinea 45.63 % compare
- 3 Uzbekistan 27.61 % compare
- 5 Central African Republic 22.96 % compare
- 6 Sierra Leone 21.79 % compare
- 7 Bahamas 20.66 % 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)
- Gross value added at basic prices (GVA) (current US$), annual growth -9.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 5,410 current US$ per person (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$, 2015 prices in Iraq?
- Gross fixed capital formation — annual growth us$, 2015 prices in Iraq was 26.64 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$, 2015 prices recorded in Iraq?
- The highest recorded value was 180.51 % in 1997.
- What is the lowest gross fixed capital formation — annual growth us$, 2015 prices recorded in Iraq?
- The lowest recorded value was -77.21 % in 1991.
- How does Iraq rank for gross fixed capital formation — annual growth us$, 2015 prices?
- Iraq ranks 4th out of 203 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$, 2015 prices rising or falling in Iraq?
- Over the last ten years it is up 365.2%. 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 Fixed Capital Formation — Annual growth 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).