Gross national expenditure in Iraq
Iraq: Gross national expenditure was 318.92 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
318.92 trillion current LCU
Change on year
up 12.9%
World rank
14th
of 185 countries
All-time high
318.92 trillion current LCU
in 2024
All-time low
1.06 billion current LCU
in 1970
Years of data
55
1970–2024
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 185 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 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% |
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
- 11 Paraguay 379.72 trillion current LCU compare
- 12 India 352.53 trillion current LCU compare
- 13 Chile 325.89 trillion current LCU compare
- 15 Guinea 295.92 trillion current LCU compare
- 16 Congo, Democratic Republic of the 244.48 trillion current LCU compare
- 17 Tanzania, United Republic of 231.35 trillion current LCU 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)
- GNI (current LCU), annual growth rate -9.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,302 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 7.04 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 36.75 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 35.11 % change on previous year (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0006 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,780 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,300 (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 185 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.