Gross fixed capital formation, Private sector, Current … Domestic in Iraq
Iraq: Gross fixed capital formation, Private sector, Current … Domestic was 21,238 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Iraq, 1970–2019
Source: International Monetary Fund.
Analysis
Iraq recorded 21,238 for gross fixed capital formation, private sector, current prices in 2019.
The figure is up 7.1% on the previous year and up 299.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Iraq peaked at 21,825 in 2013 and was at its lowest, 0.222, in 1970.
That places Iraq 17th out of 174 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current … Domestic in Iraq, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.222 | — |
| 1971 | 0.2344 | +5.6% |
| 1972 | 0.2618 | +11.7% |
| 1973 | 0.3535 | +35.0% |
| 1974 | 0.7991 | +126.1% |
| 1975 | 1.33 | +66.0% |
| 1976 | 1.67 | +25.7% |
| 1977 | 1.83 | +9.7% |
| 1978 | 2.48 | +35.6% |
| 1979 | 3.44 | +38.8% |
| 1980 | 4.73 | +37.2% |
| 1981 | 7.26 | +53.8% |
| 1982 | 8.21 | +13.0% |
| 1983 | 5.19 | -36.8% |
| 1984 | 4.3 | -17.0% |
| 1985 | 4.11 | -4.4% |
| 1986 | 3.75 | -8.9% |
| 1987 | 3.59 | -4.1% |
| 1988 | 4.28 | +19.1% |
| 1989 | 6.2 | +44.8% |
| 1990 | 6.16 | -0.6% |
| 1991 | 3.54 | -42.4% |
| 1992 | 10.08 | +184.5% |
| 1993 | 24.93 | +147.3% |
| 1994 | 45.5 | +82.5% |
| 1995 | 109.65 | +141.0% |
| 1996 | 43.08 | -60.7% |
| 1997 | 136.25 | +216.3% |
| 1998 | 222.04 | +63.0% |
| 1999 | 406.56 | +83.1% |
| 2000 | 789.56 | +94.2% |
| 2001 | 1,364 | +72.8% |
| 2002 | 1,185 | -13.1% |
| 2003 | 1,698 | +43.3% |
| 2004 | 1,172 | -31.0% |
| 2005 | 6,132 | +423.0% |
| 2006 | 10,504 | +71.3% |
| 2007 | 5,411 | -48.5% |
| 2008 | 1,879 | -65.3% |
| 2009 | 5,321 | +183.2% |
| 2010 | 10,134 | +90.5% |
| 2011 | 18,138 | +79.0% |
| 2012 | 17,998 | -0.8% |
| 2013 | 21,825 | +21.3% |
| 2014 | 19,035 | -12.8% |
| 2015 | 20,054 | +5.3% |
| 2016 | 13,113 | -34.6% |
| 2017 | 17,651 | +34.6% |
| 2018 | 19,828 | +12.3% |
| 2019 | 21,238 | +7.1% |
Iraq compared with similar countries
- Iraq's 21,238 is above the median for upper middle income countries, which is 269.45, 78.8× the median. (50 countries reporting)
- Iraq's 21,238 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 257.37, 82.5× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation, Private sector, Current … Domestic 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 |
|---|---|---|---|
| 2005 | +423.0% | 1,172 | 6,132 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.26 | 0.222 | 3.44 | 10 |
| 1980s | 5.16 | 3.59 | 8.21 | 10 |
| 1990s | 100.78 | 3.54 | 406.56 | 10 |
| 2000s | 3,546 | 789.56 | 10,504 | 10 |
| 2010s | 17,901 | 10,134 | 21,825 | 10 |
Countries ranked near Iraq
- 14 Lao People's Democratic Republic 27,344 compare
- 15 China, People's Republic of 26,813 compare
- 16 Myanmar 26,596 compare
- 18 Cambodia 20,751 compare
- 19 Uganda 20,311 compare
- 20 Russian Federation 20,035 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, private sector, current prices in Iraq?
- Gross fixed capital formation, private sector, current prices in Iraq was 21,238 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Iraq?
- The highest recorded value was 21,825 in 2013.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Iraq?
- The lowest recorded value was 0.222 in 1970.
- How does Iraq rank for gross fixed capital formation, private sector, current prices?
- Iraq ranks 17th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Iraq?
- Over the last ten years it is up 299.2%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.