Gross fixed capital formation (current LCU), per unit of GDP in Iraq
Iraq: Gross fixed capital formation (current LCU), per unit of GDP was 186.63 current LCU per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
186.63 current LCU per US$ of GDP
Change on year
up 13.8%
World rank
22nd
of 181 countries
All-time high
303.71 current LCU per US$ of GDP
in 2015
All-time low
0.0345 current LCU per US$ of GDP
in 1990
Years of data
55
1970–2024
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 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% |
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 Syrian Arab Republic 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)
- Exports of goods and services (current LCU), annual growth rate 3.1 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 516.93 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 3.14 million current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.73 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2203 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 1,338 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate 19.74 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1436 current US$ per US$ of GDP (2024)
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.