Gross fixed capital formation (current US$), annual growth rate in Iraq
Iraq: Gross fixed capital formation (current US$), annual growth rate was 19.74 % change on previous year in 2024. ◆ Volatile
Latest (2024)
19.74 % change on previous year
Change on year
down 3.4%
World rank
27th
of 179 countries
All-time high
353.94 % change on previous year
in 1997
All-time low
-99.9 % change on previous year
in 1991
Years of data
54
1971–2024
Gross fixed capital formation (current US$), annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Iraq recorded 19.74 % change on previous year for gross fixed capital formation (current us$), annual growth rate in 2024.
That represents a change of down 3.4% on the previous year and up 1,257.0% over ten years.
Over the whole period, gross fixed capital formation (current us$), annual growth rate in Iraq peaked at 353.94 % change on previous year in 1997 and was at its lowest, -99.9 % change on previous year, in 1991.
That places Iraq 27th out of 179 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), annual growth rate in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.27 % change on previous year | — |
| 1972 | 18.4 % change on previous year | +193.5% |
| 1973 | 46.1 % change on previous year | +150.5% |
| 1974 | 123.42 % change on previous year | +167.7% |
| 1975 | 69.01 % change on previous year | -44.1% |
| 1976 | 25.8 % change on previous year | -62.6% |
| 1977 | 10.49 % change on previous year | -59.3% |
| 1978 | 34.96 % change on previous year | +233.3% |
| 1979 | 36.19 % change on previous year | +3.5% |
| 1980 | 38.07 % change on previous year | +5.2% |
| 1981 | 49.93 % change on previous year | +31.2% |
| 1982 | 14.51 % change on previous year | -70.9% |
| 1983 | -18.38 % change on previous year | -226.6% |
| 1984 | -19.59 % change on previous year | +6.6% |
| 1985 | -2.98 % change on previous year | -84.8% |
| 1986 | -10.27 % change on previous year | +244.3% |
| 1987 | -5.22 % change on previous year | -49.2% |
| 1988 | 20.2 % change on previous year | -487.1% |
| 1989 | 43.42 % change on previous year | +115.0% |
| 1990 | -1.36 % change on previous year | -103.1% |
| 1991 | -99.9 % change on previous year | +7267.6% |
| 1992 | 37.52 % change on previous year | -137.6% |
| 1993 | 179.33 % change on previous year | +378.0% |
| 1994 | 45.96 % change on previous year | -74.4% |
| 1995 | 98.58 % change on previous year | +114.5% |
| 1996 | -65.66 % change on previous year | -166.6% |
| 1997 | 353.94 % change on previous year | -639.1% |
| 1998 | 42.61 % change on previous year | -88.0% |
| 1999 | 62.76 % change on previous year | +47.3% |
| 2000 | 74.79 % change on previous year | +19.2% |
| 2001 | 57.06 % change on previous year | -23.7% |
| 2002 | -20.37 % change on previous year | -135.7% |
| 2003 | 32.27 % change on previous year | -258.5% |
| 2004 | -15.77 % change on previous year | -148.9% |
| 2005 | 252.52 % change on previous year | -1701.0% |
| 2006 | 66.25 % change on previous year | -73.8% |
| 2007 | -47.92 % change on previous year | -172.3% |
| 2008 | 224.54 % change on previous year | -568.5% |
| 2009 | -40.89 % change on previous year | -118.2% |
| 2010 | 94.89 % change on previous year | -332.0% |
| 2011 | 41.91 % change on previous year | -55.8% |
| 2012 | 2.71 % change on previous year | -93.5% |
| 2013 | 44.32 % change on previous year | +1534.4% |
| 2014 | 1.45 % change on previous year | -96.7% |
| 2015 | -9.39 % change on previous year | -745.6% |
| 2016 | -43.99 % change on previous year | +368.3% |
| 2017 | 12.35 % change on previous year | -128.1% |
| 2018 | 17.99 % change on previous year | +45.7% |
| 2019 | 43.32 % change on previous year | +140.8% |
| 2020 | -69.56 % change on previous year | -260.6% |
| 2021 | 51.02 % change on previous year | -173.3% |
| 2022 | 31.16 % change on previous year | -38.9% |
| 2023 | 20.43 % change on previous year | -34.4% |
| 2024 | 19.74 % change on previous year | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41.18 % change on previous year | 6.27 % change on previous year | 123.42 % change on previous year | 9 |
| 1980s | 10.97 % change on previous year | -19.59 % change on previous year | 49.93 % change on previous year | 10 |
| 1990s | 65.38 % change on previous year | -99.9 % change on previous year | 353.94 % change on previous year | 10 |
| 2000s | 58.25 % change on previous year | -47.92 % change on previous year | 252.52 % change on previous year | 10 |
| 2010s | 20.56 % change on previous year | -43.99 % change on previous year | 94.89 % change on previous year | 10 |
| 2020s | 10.56 % change on previous year | -69.56 % change on previous year | 51.02 % change on previous year | 5 |
Countries ranked near Iraq
- 24 Russian Federation 20.57 % change on previous year compare
- 25 Republic of Moldova 20.07 % change on previous year compare
- 26 Pakistan 19.9 % change on previous year compare
- 28 Algeria 19.29 % change on previous year compare
- 29 Curaçao 19.03 % change on previous year compare
- 30 Sri Lanka 18.92 % 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)
- 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$), per unit of GDP 0.1436 current US$ per US$ of GDP (2024)
- Gross fixed capital formation (current US$), per capita 871.93 current US$ per person (2024)
Frequently asked questions
- What is gross fixed capital formation (current us$), annual growth rate in Iraq?
- Gross fixed capital formation (current us$), annual growth rate in Iraq was 19.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), annual growth rate recorded in Iraq?
- The highest recorded value was 353.94 % change on previous year in 1997.
- What is the lowest gross fixed capital formation (current us$), annual growth rate recorded in Iraq?
- The lowest recorded value was -99.9 % change on previous year in 1991.
- How does Iraq rank for gross fixed capital formation (current us$), annual growth rate?
- Iraq ranks 27th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current us$), annual growth rate rising or falling in Iraq?
- Over the last ten years it is up 1,257.0%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
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 fixed capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.