Gross Fixed Capital Formation — Value US$, annual growth rate in Iraq

Iraq: Gross Fixed Capital Formation — Value US$, annual growth rate 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

-1000100200197119972024

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 in Iraq, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Iraq, 1971 to 2024.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 4 Sierra Leone 70.66 % change on previous year compare
  2. 5 Guinea 48.33 % change on previous year compare
  3. 6 Gambia 45.86 % change on previous year compare
  4. 8 USSR 28.64 % change on previous year compare
  5. 9 Uzbekistan 27.99 % change on previous year compare
  6. 10 Afghanistan 26.13 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Iraq

All data for Iraq →

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.

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Gross Fixed Capital Formation — Value US$, annual growth rate in Iraq. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-annual-growth-rate/iraq/

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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

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

Indicator
Gross Fixed Capital Formation — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

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.