Gross Fixed Capital Formation — Value Standard Local Currency, per in Iraq
Iraq: Gross Fixed Capital Formation — Value Standard Local Currency, per was 65.59 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
65.59 million SLC per square kilometre
Change on year
down 31.1%
World rank
26th
of 194 countries
All-time high
147.52 million SLC per square kilometre
in 2014
All-time low
0.0013 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Iraq, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Iraq recorded 65.59 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023.
Compared with earlier readings it is down 31.1% on the previous year and down 54.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Iraq peaked at 147.52 million SLC per square kilometre in 2014 and was at its lowest, 0.0013 million SLC per square kilometre, in 1970.
That places Iraq 26th out of 194 countries with data for 2023, 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 — Value Standard Local Currency, per in Iraq, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0013 million SLC per square kilometre | — |
| 1971 | 0.0014 million SLC per square kilometre | +5.6% |
| 1972 | 0.0016 million SLC per square kilometre | +11.7% |
| 1973 | 0.0021 million SLC per square kilometre | +35.0% |
| 1974 | 0.0047 million SLC per square kilometre | +126.1% |
| 1975 | 0.0079 million SLC per square kilometre | +66.0% |
| 1976 | 0.0099 million SLC per square kilometre | +25.7% |
| 1977 | 0.0109 million SLC per square kilometre | +9.7% |
| 1978 | 0.0147 million SLC per square kilometre | +35.6% |
| 1979 | 0.0204 million SLC per square kilometre | +38.8% |
| 1980 | 0.028 million SLC per square kilometre | +37.2% |
| 1981 | 0.0431 million SLC per square kilometre | +53.8% |
| 1982 | 0.0487 million SLC per square kilometre | +13.0% |
| 1983 | 0.0308 million SLC per square kilometre | -36.8% |
| 1984 | 0.0255 million SLC per square kilometre | -17.0% |
| 1985 | 0.0244 million SLC per square kilometre | -4.4% |
| 1986 | 0.0222 million SLC per square kilometre | -8.9% |
| 1987 | 0.0213 million SLC per square kilometre | -4.1% |
| 1988 | 0.0254 million SLC per square kilometre | +19.1% |
| 1989 | 0.0368 million SLC per square kilometre | +44.8% |
| 1990 | 0.0365 million SLC per square kilometre | -0.6% |
| 1991 | 0.021 million SLC per square kilometre | -42.4% |
| 1992 | 0.0598 million SLC per square kilometre | +184.5% |
| 1993 | 0.1479 million SLC per square kilometre | +147.3% |
| 1994 | 0.27 million SLC per square kilometre | +82.5% |
| 1995 | 0.6508 million SLC per square kilometre | +141.0% |
| 1996 | 0.2557 million SLC per square kilometre | -60.7% |
| 1997 | 0.8086 million SLC per square kilometre | +216.3% |
| 1998 | 1.32 million SLC per square kilometre | +63.0% |
| 1999 | 2.41 million SLC per square kilometre | +83.1% |
| 2000 | 4.69 million SLC per square kilometre | +94.2% |
| 2001 | 8.1 million SLC per square kilometre | +72.8% |
| 2002 | 7.03 million SLC per square kilometre | -13.1% |
| 2003 | 10.08 million SLC per square kilometre | +43.3% |
| 2004 | 9.14 million SLC per square kilometre | -9.3% |
| 2005 | 32.07 million SLC per square kilometre | +250.9% |
| 2006 | 45.94 million SLC per square kilometre | +43.3% |
| 2007 | 20.42 million SLC per square kilometre | -55.5% |
| 2008 | 64.26 million SLC per square kilometre | +214.7% |
| 2009 | 36.61 million SLC per square kilometre | -43.0% |
| 2010 | 71.48 million SLC per square kilometre | +95.2% |
| 2011 | 97.27 million SLC per square kilometre | +36.1% |
| 2012 | 102.97 million SLC per square kilometre | +5.9% |
| 2013 | 143.62 million SLC per square kilometre | +39.5% |
| 2014 | 147.52 million SLC per square kilometre | +2.7% |
| 2015 | 123.93 million SLC per square kilometre | -16.0% |
| 2016 | 69.8 million SLC per square kilometre | -43.7% |
| 2017 | 79.51 million SLC per square kilometre | +13.9% |
| 2018 | 94.58 million SLC per square kilometre | +19.0% |
| 2019 | 136.45 million SLC per square kilometre | +44.3% |
| 2020 | 38.42 million SLC per square kilometre | -71.8% |
| 2021 | 75.8 million SLC per square kilometre | +97.3% |
| 2022 | 95.13 million SLC per square kilometre | +25.5% |
| 2023 | 65.59 million SLC per square kilometre | -31.1% |
Iraq compared with similar countries
- Iraq's 65.59 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 31.3× the median. (54 countries reporting)
- Iraq's 65.59 million SLC per square kilometre is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.14 million SLC per square kilometre, 15.9× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0075 million SLC per square kilometre | 0.0013 million SLC per square kilometre | 0.0204 million SLC per square kilometre | 10 |
| 1980s | 0.0306 million SLC per square kilometre | 0.0213 million SLC per square kilometre | 0.0487 million SLC per square kilometre | 10 |
| 1990s | 0.5981 million SLC per square kilometre | 0.021 million SLC per square kilometre | 2.41 million SLC per square kilometre | 10 |
| 2000s | 23.83 million SLC per square kilometre | 4.69 million SLC per square kilometre | 64.26 million SLC per square kilometre | 10 |
| 2010s | 106.71 million SLC per square kilometre | 69.8 million SLC per square kilometre | 147.52 million SLC per square kilometre | 10 |
| 2020s | 68.74 million SLC per square kilometre | 38.42 million SLC per square kilometre | 95.13 million SLC per square kilometre | 4 |
Countries ranked near Iraq
- 23 Mauritius 76.76 million SLC per square kilometre compare
- 24 Armenia 69.97 million SLC per square kilometre compare
- 25 Jamaica 65.9 million SLC per square kilometre compare
- 27 Myanmar 65.49 million SLC per square kilometre compare
- 28 Syria 63.57 million SLC per square kilometre compare
- 29 Burundi 47.7 million SLC per square kilometre 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 438.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 9.53 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.65 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -42.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0274 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -166.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Iraq?
- Gross fixed capital formation — value standard local currency, per in Iraq was 65.59 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Iraq?
- The highest recorded value was 147.52 million SLC per square kilometre in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Iraq?
- The lowest recorded value was 0.0013 million SLC per square kilometre in 1970.
- How does Iraq rank for gross fixed capital formation — value standard local currency, per?
- Iraq ranks 26th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Iraq?
- Over the last ten years it is down 54.3%. 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 — Value Standard Local Currency, per square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 — Value Standard Local Currency divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.