Gross national expenditure (constant LCU), per unit of GDP in Iraq
Iraq: Gross national expenditure (constant LCU), per unit of GDP was 571.4 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Iraq, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross national expenditure (constant lcu), per unit of gdp in Iraq stood at 571.4 constant LCU per US$ of GDP.
That represents a change of up 0.5% on the previous year and down 8.7% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Iraq peaked at 845.98 constant LCU per US$ of GDP in 2015 and was at its lowest, 568.8 constant LCU per US$ of GDP, in 2023.
Iraq ranks 20th of 169 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Iraq, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 835.76 constant LCU per US$ of GDP | — |
| 2008 | 646.82 constant LCU per US$ of GDP | -22.6% |
| 2009 | 826.28 constant LCU per US$ of GDP | +27.7% |
| 2010 | 745.37 constant LCU per US$ of GDP | -9.8% |
| 2011 | 613.99 constant LCU per US$ of GDP | -17.6% |
| 2012 | 570.55 constant LCU per US$ of GDP | -7.1% |
| 2013 | 609.36 constant LCU per US$ of GDP | +6.8% |
| 2014 | 626 constant LCU per US$ of GDP | +2.7% |
| 2015 | 845.98 constant LCU per US$ of GDP | +35.1% |
| 2016 | 813.97 constant LCU per US$ of GDP | -3.8% |
| 2017 | 730.86 constant LCU per US$ of GDP | -10.2% |
| 2018 | 632.79 constant LCU per US$ of GDP | -13.4% |
| 2019 | 710.3 constant LCU per US$ of GDP | +12.2% |
| 2020 | 780.07 constant LCU per US$ of GDP | +9.8% |
| 2021 | 718.03 constant LCU per US$ of GDP | -8.0% |
| 2022 | 576.26 constant LCU per US$ of GDP | -19.7% |
| 2023 | 568.8 constant LCU per US$ of GDP | -1.3% |
| 2024 | 571.4 constant LCU per US$ of GDP | +0.5% |
Iraq compared with similar countries
- Iraq's 571.4 constant LCU per US$ of GDP is above the median for upper middle income countries, which is 12.28 constant LCU per US$ of GDP, 46.5× the median. (46 countries reporting)
- Iraq's 571.4 constant LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.6 constant LCU per US$ of GDP, 158.6× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 769.62 constant LCU per US$ of GDP | 646.82 constant LCU per US$ of GDP | 835.76 constant LCU per US$ of GDP | 3 |
| 2010s | 689.92 constant LCU per US$ of GDP | 570.55 constant LCU per US$ of GDP | 845.98 constant LCU per US$ of GDP | 10 |
| 2020s | 642.91 constant LCU per US$ of GDP | 568.8 constant LCU per US$ of GDP | 780.07 constant LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 17 Chile 617.39 constant LCU per US$ of GDP compare
- 18 Malawi 601.46 constant LCU per US$ of GDP compare
- 19 Togo 585.8 constant LCU per US$ of GDP compare
- 21 Senegal 545.69 constant LCU per US$ of GDP compare
- 22 Mali 526.15 constant LCU per US$ of GDP compare
- 23 Benin 511.25 constant LCU per US$ of GDP 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Iraq?
- Gross national expenditure (constant lcu), per unit of gdp in Iraq was 571.4 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 845.98 constant LCU per US$ of GDP in 2015.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was 568.8 constant LCU per US$ of GDP in 2023.
- How does Iraq rank for gross national expenditure (constant lcu), per unit of gdp?
- Iraq ranks 20th out of 169 countries with data for 2024.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 8.7%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.