Gross fixed capital formation in Iraq
Iraq: Gross fixed capital formation was -39.8% in 2024. ◆ Volatile
Gross fixed capital formation in Iraq, 2008–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in Iraq is -39.8%, measured in 2024.
That represents a change of down 111.3% on the previous year and down 705.5% over ten years.
Over the whole period, gross fixed capital formation in Iraq peaked at 137.1% in 2008 and was at its lowest, -65.4%, in 2020.
Iraq ranks 166th of 166 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 fixed capital formation in Iraq, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2008 | 137.1% | — |
| 2009 | -28.0% | -120.4% |
| 2010 | 67.2% | -340.0% |
| 2011 | 13.8% | -79.4% |
| 2012 | -0.3% | -102.1% |
| 2013 | 44.3% | -15506.8% |
| 2014 | 6.6% | -85.2% |
| 2015 | 27.3% | +315.5% |
| 2016 | -36.3% | -232.6% |
| 2017 | -1.8% | -95.2% |
| 2018 | -0.3% | -83.8% |
| 2019 | 47.2% | -16713.3% |
| 2020 | -65.4% | -238.7% |
| 2021 | 32.2% | -149.3% |
| 2022 | 3.3% | -89.7% |
| 2023 | -18.8% | -666.8% |
| 2024 | -39.8% | +111.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.6% | -28.0% | 137.1% | 2 |
| 2010s | 16.8% | -36.3% | 67.2% | 10 |
| 2020s | -17.7% | -65.4% | 32.2% | 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 fixed capital formation in Iraq?
- Gross fixed capital formation in Iraq was -39.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Iraq?
- The highest recorded value was 137.1% in 2008.
- What is the lowest gross fixed capital formation recorded in Iraq?
- The lowest recorded value was -65.4% in 2020.
- How does Iraq rank for gross fixed capital formation?
- Iraq ranks 166th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Iraq?
- Over the last ten years it is down 705.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.