Gross fixed capital formation (current US$), per unit of GDP (US unit) in Iraq
Iraq: Gross fixed capital formation (current US$), per unit of GDP (US unit) was 0.1436 current US$ per US$ of GDP in 2024. ◆ Volatile
Gross fixed capital formation (current US$), per unit of GDP in Iraq, 1970–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (current us$), per unit of gdp in Iraq stood at 0.1436 current US$ per US$ of GDP.
Compared with earlier readings it is up 15.1% on the previous year and down 31.5% over ten years.
Over the whole period, gross fixed capital formation (current us$), per unit of gdp in Iraq peaked at 0.5141 current US$ per US$ of GDP in 1982 and was at its lowest, 0.0073 current US$ per US$ of GDP, in 1996.
That places Iraq 159th out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), per unit of GDP (US unit) in Iraq, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.1579 current US$ per US$ of GDP | — |
| 1971 | 0.1425 current US$ per US$ of GDP | -9.8% |
| 1972 | 0.1585 current US$ per US$ of GDP | +11.3% |
| 1973 | 0.1856 current US$ per US$ of GDP | +17.1% |
| 1974 | 0.1848 current US$ per US$ of GDP | -0.4% |
| 1975 | 0.2673 current US$ per US$ of GDP | +44.6% |
| 1976 | 0.2549 current US$ per US$ of GDP | -4.6% |
| 1977 | 0.2521 current US$ per US$ of GDP | -1.1% |
| 1978 | 0.284 current US$ per US$ of GDP | +12.7% |
| 1979 | 0.2431 current US$ per US$ of GDP | -14.4% |
| 1980 | 0.2414 current US$ per US$ of GDP | -0.7% |
| 1981 | 0.5031 current US$ per US$ of GDP | +108.4% |
| 1982 | 0.5141 current US$ per US$ of GDP | +2.2% |
| 1983 | 0.4368 current US$ per US$ of GDP | -15.0% |
| 1984 | 0.3047 current US$ per US$ of GDP | -30.3% |
| 1985 | 0.2865 current US$ per US$ of GDP | -6.0% |
| 1986 | 0.2634 current US$ per US$ of GDP | -8.1% |
| 1987 | 0.2078 current US$ per US$ of GDP | -21.1% |
| 1988 | 0.2263 current US$ per US$ of GDP | +8.9% |
| 1989 | 0.309 current US$ per US$ of GDP | +36.6% |
| 1990 | 0.1112 current US$ per US$ of GDP | -64.0% |
| 1991 | 0.0491 current US$ per US$ of GDP | -55.8% |
| 1992 | 0.0498 current US$ per US$ of GDP | +1.3% |
| 1993 | 0.0746 current US$ per US$ of GDP | +49.9% |
| 1994 | 0.0282 current US$ per US$ of GDP | -62.3% |
| 1995 | 0.0173 current US$ per US$ of GDP | -38.5% |
| 1996 | 0.0073 current US$ per US$ of GDP | -57.6% |
| 1997 | 0.0168 current US$ per US$ of GDP | +128.1% |
| 1998 | 0.0241 current US$ per US$ of GDP | +43.6% |
| 1999 | 0.0219 current US$ per US$ of GDP | -9.0% |
| 2000 | 0.0292 current US$ per US$ of GDP | +33.3% |
| 2001 | 0.0613 current US$ per US$ of GDP | +110.0% |
| 2002 | 0.0536 current US$ per US$ of GDP | -12.5% |
| 2003 | 0.1065 current US$ per US$ of GDP | +98.7% |
| 2004 | 0.0537 current US$ per US$ of GDP | -49.6% |
| 2005 | 0.1385 current US$ per US$ of GDP | +157.9% |
| 2006 | 0.1769 current US$ per US$ of GDP | +27.8% |
| 2007 | 0.0676 current US$ per US$ of GDP | -61.8% |
| 2008 | 0.148 current US$ per US$ of GDP | +119.1% |
| 2009 | 0.1031 current US$ per US$ of GDP | -30.3% |
| 2010 | 0.162 current US$ per US$ of GDP | +57.1% |
| 2011 | 0.1714 current US$ per US$ of GDP | +5.8% |
| 2012 | 0.15 current US$ per US$ of GDP | -12.5% |
| 2013 | 0.2012 current US$ per US$ of GDP | +34.1% |
| 2014 | 0.2097 current US$ per US$ of GDP | +4.2% |
| 2015 | 0.2602 current US$ per US$ of GDP | +24.1% |
| 2016 | 0.1458 current US$ per US$ of GDP | -44.0% |
| 2017 | 0.1459 current US$ per US$ of GDP | +0.1% |
| 2018 | 0.1417 current US$ per US$ of GDP | -2.8% |
| 2019 | 0.1976 current US$ per US$ of GDP | +39.5% |
| 2020 | 0.0777 current US$ per US$ of GDP | -60.7% |
| 2021 | 0.1012 current US$ per US$ of GDP | +30.3% |
| 2022 | 0.0969 current US$ per US$ of GDP | -4.3% |
| 2023 | 0.1247 current US$ per US$ of GDP | +28.7% |
| 2024 | 0.1436 current US$ per US$ of GDP | +15.1% |
Iraq compared with similar countries
- Iraq's 0.1436 current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.2266 current US$ per US$ of GDP, 63% of the median. (51 countries reporting)
- Iraq's 0.1436 current US$ per US$ of GDP is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.208 current US$ per US$ of GDP, 69% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2131 current US$ per US$ of GDP | 0.1425 current US$ per US$ of GDP | 0.284 current US$ per US$ of GDP | 10 |
| 1980s | 0.3293 current US$ per US$ of GDP | 0.2078 current US$ per US$ of GDP | 0.5141 current US$ per US$ of GDP | 10 |
| 1990s | 0.04 current US$ per US$ of GDP | 0.0073 current US$ per US$ of GDP | 0.1112 current US$ per US$ of GDP | 10 |
| 2000s | 0.0938 current US$ per US$ of GDP | 0.0292 current US$ per US$ of GDP | 0.1769 current US$ per US$ of GDP | 10 |
| 2010s | 0.1785 current US$ per US$ of GDP | 0.1417 current US$ per US$ of GDP | 0.2602 current US$ per US$ of GDP | 10 |
| 2020s | 0.1088 current US$ per US$ of GDP | 0.0777 current US$ per US$ of GDP | 0.1436 current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 156 Tunisia 0.1521 current US$ per US$ of GDP compare
- 157 Luxembourg 0.1497 current US$ per US$ of GDP compare
- 158 Central African Republic 0.1478 current US$ per US$ of GDP compare
- 160 Libya 0.1427 current US$ per US$ of GDP compare
- 161 Puerto Rico 0.1389 current US$ per US$ of GDP compare
- 162 South Africa 0.1388 current US$ 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 us$), per unit of gdp in Iraq?
- Gross fixed capital formation (current us$), per unit of gdp in Iraq was 0.1436 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.5141 current US$ per US$ of GDP in 1982.
- What is the lowest gross fixed capital formation (current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.0073 current US$ per US$ of GDP in 1996.
- How does Iraq rank for gross fixed capital formation (current us$), per unit of gdp?
- Iraq ranks 159th out of 181 countries with data for 2024.
- Is gross fixed capital formation (current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 31.5%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.