Gross Fixed Capital Formation Deflator — Value Standard Local in Iraq

Iraq: Gross Fixed Capital Formation Deflator — Value Standard Local was 151.49 SLC in 2024. ◆ Volatile

Latest (2024)
151.49 SLC
Change on year
up 9.3%
World rank
58th
of 194 countries
All-time high
169.23 SLC
in 2022
All-time low
0.0171 SLC
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in Iraq, 1970–2024

050100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in SLC.

Analysis

The most recent figure for gross fixed capital formation deflator — value standard local in Iraq is 151.49 SLC, measured in 2024.

That represents a change of up 9.3% on the previous year and up 5.7% over ten years.

Over the whole period, gross fixed capital formation deflator — value standard local in Iraq peaked at 169.23 SLC in 2022 and was at its lowest, 0.0171 SLC, in 1970.

That places Iraq 58th out of 194 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation Deflator — Value Standard Local in Iraq, year by year

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices in Iraq, 1970 to 2024.
Year SLC Change
1970 0.0171 SLC
1971 0.0186 SLC +8.3%
1972 0.0193 SLC +3.8%
1973 0.0182 SLC -5.7%
1974 0.0353 SLC +94.6%
1975 0.0368 SLC +4.2%
1976 0.0401 SLC +8.7%
1977 0.0443 SLC +10.6%
1978 0.0448 SLC +1.1%
1979 0.057 SLC +27.2%
1980 0.0795 SLC +39.4%
1981 0.0677 SLC -14.8%
1982 0.0785 SLC +15.9%
1983 0.0888 SLC +13.1%
1984 0.0997 SLC +12.4%
1985 0.1036 SLC +3.8%
1986 0.0931 SLC -10.1%
1987 0.0927 SLC -0.5%
1988 0.1007 SLC +8.6%
1989 0.1159 SLC +15.2%
1990 0.1284 SLC +10.8%
1991 0.3245 SLC +152.6%
1992 0.6406 SLC +97.4%
1993 1.09 SLC +69.4%
1994 5.63 SLC +419.0%
1995 21.72 SLC +285.6%
1996 17.79 SLC -18.1%
1997 20.06 SLC +12.8%
1998 20.9 SLC +4.2%
1999 37.75 SLC +80.6%
2000 51.5 SLC +36.4%
2001 42.42 SLC -17.6%
2002 45.59 SLC +7.5%
2003 41.06 SLC -9.9%
2004 49.3 SLC +20.1%
2005 66.98 SLC +35.9%
2006 82.42 SLC +23.1%
2007 94.32 SLC +14.4%
2008 122.78 SLC +30.2%
2009 98.81 SLC -19.5%
2010 115.2 SLC +16.6%
2011 143.64 SLC +24.7%
2012 147.47 SLC +2.7%
2013 147.46 SLC -0.0%
2014 143.27 SLC -2.8%
2015 100 SLC -30.2%
2016 88.9 SLC -11.1%
2017 101.92 SLC +14.6%
2018 120.47 SLC +18.2%
2019 116.2 SLC -3.5%
2020 104.09 SLC -10.4%
2021 143.21 SLC +37.6%
2022 169.23 SLC +18.2%
2023 138.6 SLC -18.1%
2024 151.49 SLC +9.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0331 SLC 0.0171 SLC 0.057 SLC 10
1980s 0.092 SLC 0.0677 SLC 0.1159 SLC 10
1990s 12.6 SLC 0.1284 SLC 37.75 SLC 10
2000s 69.52 SLC 41.06 SLC 122.78 SLC 10
2010s 122.45 SLC 88.9 SLC 147.47 SLC 10
2020s 141.32 SLC 104.09 SLC 169.23 SLC 5

Countries ranked near Iraq

  1. 55 Kenya 154.05 SLC compare
  2. 56 Bangladesh 153.31 SLC compare
  3. 57 Equatorial Guinea 152.74 SLC compare
  4. 59 Azerbaijan 150.78 SLC compare
  5. 60 Honduras 150.71 SLC compare
  6. 61 Turks and Caicos Islands 150.4 SLC compare

See the full ranking of 209 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross fixed capital formation deflator — value standard local in Iraq?
Gross fixed capital formation deflator — value standard local in Iraq was 151.49 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation deflator — value standard local recorded in Iraq?
The highest recorded value was 169.23 SLC in 2022.
What is the lowest gross fixed capital formation deflator — value standard local recorded in Iraq?
The lowest recorded value was 0.0171 SLC in 1970.
How does Iraq rank for gross fixed capital formation deflator — value standard local?
Iraq ranks 58th out of 194 countries with data for 2024.
Is gross fixed capital formation deflator — value standard local rising or falling in Iraq?
Over the last ten years it is up 5.7%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation Deflator — Value Standard Local in Iraq. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices/iraq/

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About this data

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
209 places, 10,808 data points, 1970–2024
Last refreshed

The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).