Gross national expenditure (current LCU) in Iraq
Iraq: Gross national expenditure (current LCU) was 318.92 trillion current LCU in 2024. ◆ Volatile
Gross national expenditure in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross national expenditure in Iraq is 318.92 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 12.9% on the previous year and up 53.0% over ten years.
Over the whole period, gross national expenditure in Iraq peaked at 318.92 trillion current LCU in 2024 and was at its lowest, 1.06 billion current LCU, in 1970.
That places Iraq 14th out of 186 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 national expenditure (current LCU) in Iraq, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 1.06 billion current LCU | — |
| 1971 | 1.17 billion current LCU | +11.2% |
| 1972 | 1.24 billion current LCU | +6.0% |
| 1973 | 1.29 billion current LCU | +4.0% |
| 1974 | 2.43 billion current LCU | +87.7% |
| 1975 | 3.70 billion current LCU | +52.4% |
| 1976 | 4.24 billion current LCU | +14.5% |
| 1977 | 5.14 billion current LCU | +21.3% |
| 1978 | 5.47 billion current LCU | +6.4% |
| 1979 | 7.90 billion current LCU | +44.4% |
| 1980 | 10.91 billion current LCU | +38.2% |
| 1981 | 14.62 billion current LCU | +34.0% |
| 1982 | 17.87 billion current LCU | +22.2% |
| 1983 | 14.30 billion current LCU | -20.0% |
| 1984 | 15.50 billion current LCU | +8.4% |
| 1985 | 16.20 billion current LCU | +4.5% |
| 1986 | 16.52 billion current LCU | +2.0% |
| 1987 | 18.41 billion current LCU | +11.5% |
| 1988 | 20.64 billion current LCU | +12.1% |
| 1989 | 21.21 billion current LCU | +2.8% |
| 1990 | 56.22 billion current LCU | +165.1% |
| 1991 | 41.59 billion current LCU | -26.0% |
| 1992 | 108.62 billion current LCU | +161.2% |
| 1993 | 306.87 billion current LCU | +182.5% |
| 1994 | 1.57 trillion current LCU | +412.0% |
| 1995 | 6.38 trillion current LCU | +306.4% |
| 1996 | 6.32 trillion current LCU | -0.9% |
| 1997 | 6.56 trillion current LCU | +3.7% |
| 1998 | 9.74 trillion current LCU | +48.5% |
| 1999 | 23.41 trillion current LCU | +140.4% |
| 2000 | 27.38 trillion current LCU | +17.0% |
| 2001 | 32.55 trillion current LCU | +18.9% |
| 2002 | 25.35 trillion current LCU | -22.1% |
| 2003 | 20.40 trillion current LCU | -19.5% |
| 2004 | 42.15 trillion current LCU | +106.6% |
| 2005 | 58.57 trillion current LCU | +38.9% |
| 2006 | 68.59 trillion current LCU | +17.1% |
| 2007 | 74.25 trillion current LCU | +8.2% |
| 2008 | 99.07 trillion current LCU | +33.4% |
| 2009 | 110.53 trillion current LCU | +11.6% |
| 2010 | 128.40 trillion current LCU | +16.2% |
| 2011 | 155.44 trillion current LCU | +21.1% |
| 2012 | 177.64 trillion current LCU | +14.3% |
| 2013 | 208.90 trillion current LCU | +17.6% |
| 2014 | 208.50 trillion current LCU | -0.2% |
| 2015 | 184.37 trillion current LCU | -11.6% |
| 2016 | 183.34 trillion current LCU | -0.6% |
| 2017 | 189.77 trillion current LCU | +3.5% |
| 2018 | 207.08 trillion current LCU | +9.1% |
| 2019 | 234.80 trillion current LCU | +13.4% |
| 2020 | 209.52 trillion current LCU | -10.8% |
| 2021 | 241.69 trillion current LCU | +15.4% |
| 2022 | 290.89 trillion current LCU | +20.4% |
| 2023 | 282.53 trillion current LCU | -2.9% |
| 2024 | 318.92 trillion current LCU | +12.9% |
Iraq compared with similar countries
- Iraq's 318.92 trillion current LCU is above the median for upper middle income countries, which is 1.71 trillion current LCU, 186.0× the median. (52 countries reporting)
- Iraq's 318.92 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.61 trillion current LCU, 198.5× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (current LCU) 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 |
|---|---|---|---|
| 1994 | +412.0% | 306.87 billion current LCU | 1.57 trillion current LCU |
| 1995 | +306.4% | 1.57 trillion current LCU | 6.38 trillion current LCU |
| 1993 | +182.5% | 108.62 billion current LCU | 306.87 billion current LCU |
| 1990 | +165.1% | 21.21 billion current LCU | 56.22 billion current LCU |
| 1992 | +161.2% | 41.59 billion current LCU | 108.62 billion current LCU |
| 1999 | +140.4% | 9.74 trillion current LCU | 23.41 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.36 billion current LCU | 1.06 billion current LCU | 7.90 billion current LCU | 10 |
| 1980s | 16.62 billion current LCU | 10.91 billion current LCU | 21.21 billion current LCU | 10 |
| 1990s | 5.45 trillion current LCU | 41.59 billion current LCU | 23.41 trillion current LCU | 10 |
| 2000s | 55.89 trillion current LCU | 20.40 trillion current LCU | 110.53 trillion current LCU | 10 |
| 2010s | 187.82 trillion current LCU | 128.40 trillion current LCU | 234.80 trillion current LCU | 10 |
| 2020s | 268.71 trillion current LCU | 209.52 trillion current LCU | 318.92 trillion current LCU | 5 |
Countries ranked near Iraq
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 national expenditure in Iraq?
- Gross national expenditure in Iraq was 318.92 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Iraq?
- The highest recorded value was 318.92 trillion current LCU in 2024.
- What is the lowest gross national expenditure recorded in Iraq?
- The lowest recorded value was 1.06 billion current LCU in 1970.
- How does Iraq rank for gross national expenditure?
- Iraq ranks 14th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Iraq?
- Over the last ten years it is up 53.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.