Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Iraq
Iraq: Gross Fixed Capital Formation — Value US$, annual growth rate (US) was 39.74 % change on previous year in 2024. ◆ Volatile
Latest (2024)
39.74 % change on previous year
Change on year
up 266.8%
World rank
7th
of 235 countries
All-time high
246.32 % change on previous year
in 2005
All-time low
-76.44 % change on previous year
in 1991
Years of data
54
1971–2024
Gross Fixed Capital Formation — Value US$, annual growth rate in Iraq, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, annual growth rate in Iraq is 39.74 % change on previous year, measured in 2024.
The figure is up 266.8% on the previous year and up 1,360.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Iraq peaked at 246.32 % change on previous year in 2005 and was at its lowest, -76.44 % change on previous year, in 1991.
That places Iraq 7th out of 235 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Iraq, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.42 % change on previous year | — |
| 1972 | 12.23 % change on previous year | +406.2% |
| 1973 | 51.08 % change on previous year | +317.6% |
| 1974 | 26.64 % change on previous year | -47.8% |
| 1975 | 73.99 % change on previous year | +177.7% |
| 1976 | 21.96 % change on previous year | -70.3% |
| 1977 | 5.42 % change on previous year | -75.3% |
| 1978 | 43.51 % change on previous year | +702.2% |
| 1979 | 18.13 % change on previous year | -58.3% |
| 1980 | 7.31 % change on previous year | -59.7% |
| 1981 | 97.56 % change on previous year | +1233.8% |
| 1982 | 3.48 % change on previous year | -96.4% |
| 1983 | -41.94 % change on previous year | -1303.7% |
| 1984 | -23.51 % change on previous year | -43.9% |
| 1985 | -5.01 % change on previous year | -78.7% |
| 1986 | 3.33 % change on previous year | -166.5% |
| 1987 | -1.32 % change on previous year | -139.8% |
| 1988 | 13.56 % change on previous year | -1123.9% |
| 1989 | 30.66 % change on previous year | +126.1% |
| 1990 | -6.96 % change on previous year | -122.7% |
| 1991 | -76.44 % change on previous year | +997.9% |
| 1992 | 35.46 % change on previous year | -146.4% |
| 1993 | -29.83 % change on previous year | -184.1% |
| 1994 | -70.51 % change on previous year | +136.4% |
| 1995 | -34.06 % change on previous year | -51.7% |
| 1996 | -43.79 % change on previous year | +28.6% |
| 1997 | 151.58 % change on previous year | -446.1% |
| 1998 | 47.98 % change on previous year | -68.3% |
| 1999 | 50.42 % change on previous year | +5.1% |
| 2000 | 59.95 % change on previous year | +18.9% |
| 2001 | 114.44 % change on previous year | +90.9% |
| 2002 | -14.37 % change on previous year | -112.6% |
| 2003 | 125.66 % change on previous year | -974.3% |
| 2004 | -22.43 % change on previous year | -117.9% |
| 2005 | 246.32 % change on previous year | -1198.0% |
| 2006 | 42.96 % change on previous year | -82.6% |
| 2007 | -47.74 % change on previous year | -211.1% |
| 2008 | 210.89 % change on previous year | -541.8% |
| 2009 | -29.26 % change on previous year | -113.9% |
| 2010 | 69.49 % change on previous year | -337.5% |
| 2011 | 36.08 % change on previous year | -48.1% |
| 2012 | 6.21 % change on previous year | -82.8% |
| 2013 | 39.43 % change on previous year | +535.2% |
| 2014 | 2.72 % change on previous year | -93.1% |
| 2015 | -16.09 % change on previous year | -691.2% |
| 2016 | -44.38 % change on previous year | +175.9% |
| 2017 | 13.72 % change on previous year | -130.9% |
| 2018 | 19.08 % change on previous year | +39.1% |
| 2019 | 44.36 % change on previous year | +132.5% |
| 2020 | -72.08 % change on previous year | -262.5% |
| 2021 | 62.19 % change on previous year | -186.3% |
| 2022 | 25.51 % change on previous year | -59.0% |
| 2023 | -23.83 % change on previous year | -193.4% |
| 2024 | 39.74 % change on previous year | -266.8% |
Iraq compared with similar countries
- Iraq's 39.74 % change on previous year is above the median for upper middle income countries, which is 6.05 % change on previous year, 6.6× the median. (54 countries reporting)
- Iraq's 39.74 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.2 % change on previous year, 9.5× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.37 % change on previous year | 2.42 % change on previous year | 73.99 % change on previous year | 9 |
| 1980s | 8.41 % change on previous year | -41.94 % change on previous year | 97.56 % change on previous year | 10 |
| 1990s | 2.38 % change on previous year | -76.44 % change on previous year | 151.58 % change on previous year | 10 |
| 2000s | 68.64 % change on previous year | -47.74 % change on previous year | 246.32 % change on previous year | 10 |
| 2010s | 17.06 % change on previous year | -44.38 % change on previous year | 69.49 % change on previous year | 10 |
| 2020s | 6.31 % change on previous year | -72.08 % change on previous year | 62.19 % change on previous year | 5 |
Countries ranked near Iraq
- 4 Sierra Leone 70.66 % change on previous year compare
- 5 Guinea 48.33 % change on previous year compare
- 6 Gambia 45.86 % change on previous year compare
- 8 USSR 28.64 % change on previous year compare
- 9 Uzbekistan 27.99 % change on previous year compare
- 10 Afghanistan 26.13 % change on previous year compare
More economy & growth data for Iraq
- Real gdp growth, annual growth rate -490.57 % change on previous year (2025)
- 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)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Iraq?
- Gross fixed capital formation — value us$, annual growth rate in Iraq was 39.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Iraq?
- The highest recorded value was 246.32 % change on previous year in 2005.
- What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Iraq?
- The lowest recorded value was -76.44 % change on previous year in 1991.
- How does Iraq rank for gross fixed capital formation — value us$, annual growth rate?
- Iraq ranks 7th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate rising or falling in Iraq?
- Over the last ten years it is up 1,360.6%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
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 — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.