Gross national expenditure in Iraq

Iraq: Gross national expenditure was 245.32 billion current US$ in 2024. ◆ Volatile

Latest (2024)
245.32 billion current US$
Change on year
up 14.2%
World rank
54th
of 184 countries
All-time high
245.32 billion current US$
in 2024
All-time low
399.54 million current US$
in 1991
Years of data
55
1970–2024

Gross national expenditure in Iraq, 1970–2024

050.0B100.0B150.0B200.0B250.0B197019972024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

In 2024, gross national expenditure in Iraq stood at 245.32 billion current US$. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 14.2% on the previous year and up 37.2% over ten years.

Over the whole period, gross national expenditure in Iraq peaked at 245.32 billion current US$ in 2024 and was at its lowest, 399.54 million current US$, in 1991.

Iraq ranks 54th of 184 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 11.21 billion current US$ 2.96 billion current US$ 26.74 billion current US$ 10
1980s 54.08 billion current US$ 36.38 billion current US$ 68.42 billion current US$ 10
1990s 25.53 billion current US$ 399.54 million current US$ 181.37 billion current US$ 10
2000s 44.27 billion current US$ 15.11 billion current US$ 94.47 billion current US$ 10
2010s 160.01 billion current US$ 109.75 billion current US$ 198.65 billion current US$ 10
2020s 200.62 billion current US$ 166.68 billion current US$ 245.32 billion current US$ 5

Countries ranked near Iraq

  1. 51 Ukraine 271.03 billion current US$ compare
  2. 52 New Zealand 264.40 billion current US$ compare
  3. 53 Kazakhstan 263.14 billion current US$ compare
  4. 55 Hungary 235.44 billion current US$ compare
  5. 56 Morocco 199.09 billion current US$ compare
  6. 57 Uzbekistan 166.64 billion current US$ compare

See the full ranking of 228 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross national expenditure in Iraq?
Gross national expenditure in Iraq was 245.32 billion current US$ 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 245.32 billion current US$ in 2024.
What is the lowest gross national expenditure recorded in Iraq?
The lowest recorded value was 399.54 million current US$ in 1991.
How does Iraq rank for gross national expenditure?
Iraq ranks 54th out of 184 countries with data for 2024.
Is gross national expenditure rising or falling in Iraq?
Over the last ten years it is up 37.2%. 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 US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

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 indicator is expressed in United States dollars.