Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Iraq
Iraq: Gross fixed capital formation (current LCU), per unit of GDP (LCU) was 186.63 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross fixed capital formation (current LCU), per unit of GDP in Iraq, 1970–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Iraq recorded 186.63 current LCU per US$ of GDP for gross fixed capital formation (current lcu), per unit of gdp in 2024.
The figure is up 13.8% on the previous year and down 23.7% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Iraq peaked at 303.71 current LCU per US$ of GDP in 2015 and was at its lowest, 0.0345 current LCU per US$ of GDP, in 1990.
That places Iraq 22nd out of 181 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Iraq, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0564 current LCU per US$ of GDP | — |
| 1971 | 0.0504 current LCU per US$ of GDP | -10.7% |
| 1972 | 0.0528 current LCU per US$ of GDP | +4.8% |
| 1973 | 0.0562 current LCU per US$ of GDP | +6.5% |
| 1974 | 0.0546 current LCU per US$ of GDP | -2.9% |
| 1975 | 0.0789 current LCU per US$ of GDP | +44.6% |
| 1976 | 0.0753 current LCU per US$ of GDP | -4.6% |
| 1977 | 0.0744 current LCU per US$ of GDP | -1.1% |
| 1978 | 0.0839 current LCU per US$ of GDP | +12.7% |
| 1979 | 0.0718 current LCU per US$ of GDP | -14.4% |
| 1980 | 0.0724 current LCU per US$ of GDP | +0.9% |
| 1981 | 0.1509 current LCU per US$ of GDP | +108.4% |
| 1982 | 0.1542 current LCU per US$ of GDP | +2.2% |
| 1983 | 0.1354 current LCU per US$ of GDP | -12.2% |
| 1984 | 0.0945 current LCU per US$ of GDP | -30.3% |
| 1985 | 0.0888 current LCU per US$ of GDP | -6.0% |
| 1986 | 0.0817 current LCU per US$ of GDP | -8.1% |
| 1987 | 0.0644 current LCU per US$ of GDP | -21.1% |
| 1988 | 0.0701 current LCU per US$ of GDP | +8.9% |
| 1989 | 0.0958 current LCU per US$ of GDP | +36.6% |
| 1990 | 0.0345 current LCU per US$ of GDP | -64.0% |
| 1991 | 5.12 current LCU per US$ of GDP | +14738.1% |
| 1992 | 10.35 current LCU per US$ of GDP | +102.3% |
| 1993 | 23.25 current LCU per US$ of GDP | +124.7% |
| 1994 | 11.7 current LCU per US$ of GDP | -49.7% |
| 1995 | 8.99 current LCU per US$ of GDP | -23.2% |
| 1996 | 4.58 current LCU per US$ of GDP | -49.1% |
| 1997 | 12.18 current LCU per US$ of GDP | +166.1% |
| 1998 | 19.99 current LCU per US$ of GDP | +64.1% |
| 1999 | 20.46 current LCU per US$ of GDP | +2.4% |
| 2000 | 30.3 current LCU per US$ of GDP | +48.1% |
| 2001 | 69.97 current LCU per US$ of GDP | +131.0% |
| 2002 | 66.78 current LCU per US$ of GDP | -4.6% |
| 2003 | 143.75 current LCU per US$ of GDP | +115.2% |
| 2004 | 78.01 current LCU per US$ of GDP | -45.7% |
| 2005 | 203.38 current LCU per US$ of GDP | +160.7% |
| 2006 | 259.58 current LCU per US$ of GDP | +27.6% |
| 2007 | 84.77 current LCU per US$ of GDP | -67.3% |
| 2008 | 176.58 current LCU per US$ of GDP | +108.3% |
| 2009 | 120.65 current LCU per US$ of GDP | -31.7% |
| 2010 | 189.53 current LCU per US$ of GDP | +57.1% |
| 2011 | 200.57 current LCU per US$ of GDP | +5.8% |
| 2012 | 174.95 current LCU per US$ of GDP | -12.8% |
| 2013 | 234.56 current LCU per US$ of GDP | +34.1% |
| 2014 | 244.46 current LCU per US$ of GDP | +4.2% |
| 2015 | 303.71 current LCU per US$ of GDP | +24.2% |
| 2016 | 172.14 current LCU per US$ of GDP | -43.3% |
| 2017 | 172.69 current LCU per US$ of GDP | +0.3% |
| 2018 | 167.6 current LCU per US$ of GDP | -2.9% |
| 2019 | 233.61 current LCU per US$ of GDP | +39.4% |
| 2020 | 92.62 current LCU per US$ of GDP | -60.4% |
| 2021 | 146.76 current LCU per US$ of GDP | +58.5% |
| 2022 | 140.46 current LCU per US$ of GDP | -4.3% |
| 2023 | 164.06 current LCU per US$ of GDP | +16.8% |
| 2024 | 186.63 current LCU per US$ of GDP | +13.8% |
Iraq compared with similar countries
- Iraq's 186.63 current LCU per US$ of GDP is above the median for upper middle income countries, which is 3.83 current LCU per US$ of GDP, 48.8× the median. (51 countries reporting)
- Iraq's 186.63 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.82 current LCU per US$ of GDP, 102.7× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +14738.1% | 0.0345 current LCU per US$ of GDP | 5.12 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0655 current LCU per US$ of GDP | 0.0504 current LCU per US$ of GDP | 0.0839 current LCU per US$ of GDP | 10 |
| 1980s | 0.1008 current LCU per US$ of GDP | 0.0644 current LCU per US$ of GDP | 0.1542 current LCU per US$ of GDP | 10 |
| 1990s | 11.66 current LCU per US$ of GDP | 0.0345 current LCU per US$ of GDP | 23.25 current LCU per US$ of GDP | 10 |
| 2000s | 123.38 current LCU per US$ of GDP | 30.3 current LCU per US$ of GDP | 259.58 current LCU per US$ of GDP | 10 |
| 2010s | 209.38 current LCU per US$ of GDP | 167.6 current LCU per US$ of GDP | 303.71 current LCU per US$ of GDP | 10 |
| 2020s | 146.11 current LCU per US$ of GDP | 92.62 current LCU per US$ of GDP | 186.63 current LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 19 Chile 229.15 current LCU per US$ of GDP compare
- 20 Benin 206.18 current LCU per US$ of GDP compare
- 21 Argentina 198.54 current LCU per US$ of GDP compare
- 23 Congo 169.23 current LCU per US$ of GDP compare
- 24 Senegal 167.12 current LCU per US$ of GDP compare
- 25 Syria 166.67 current LCU per US$ of GDP 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)
- SDRs holdings, US dollar, annual growth rate 165.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 6.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 152.51 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0074 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Iraq?
- Gross fixed capital formation (current lcu), per unit of gdp in Iraq was 186.63 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 303.71 current LCU per US$ of GDP in 2015.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.0345 current LCU per US$ of GDP in 1990.
- How does Iraq rank for gross fixed capital formation (current lcu), per unit of gdp?
- Iraq ranks 22nd out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 23.7%. 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 fixed capital formation (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Gross fixed capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.