Gross savings (current LCU), per unit of GDP in Iraq
Iraq: Gross savings (current LCU), per unit of GDP was 416.16 current LCU per US$ of GDP in 2024. ▼ Falling
Gross savings (current LCU), per unit of GDP in Iraq, 2005–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Iraq recorded 416.16 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2024.
The figure is down 23.0% on the previous year and down 6.0% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Iraq peaked at 790.8 current LCU per US$ of GDP in 2022 and was at its lowest, 286.5 current LCU per US$ of GDP, in 2020.
That places Iraq 17th out of 178 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 20 years of available data.
Gross savings (current LCU), per unit of GDP in Iraq, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2005 | 733.99 current LCU per US$ of GDP | — |
| 2006 | 701.7 current LCU per US$ of GDP | -4.4% |
| 2007 | 551.62 current LCU per US$ of GDP | -21.4% |
| 2008 | 626.46 current LCU per US$ of GDP | +13.6% |
| 2009 | 323.78 current LCU per US$ of GDP | -48.3% |
| 2010 | 420.94 current LCU per US$ of GDP | +30.0% |
| 2011 | 500.15 current LCU per US$ of GDP | +18.8% |
| 2012 | 486.42 current LCU per US$ of GDP | -2.7% |
| 2013 | 482.56 current LCU per US$ of GDP | -0.8% |
| 2014 | 442.8 current LCU per US$ of GDP | -8.2% |
| 2015 | 292.67 current LCU per US$ of GDP | -33.9% |
| 2016 | 288.69 current LCU per US$ of GDP | -1.4% |
| 2017 | 380.09 current LCU per US$ of GDP | +31.7% |
| 2018 | 476.42 current LCU per US$ of GDP | +25.3% |
| 2019 | 441.48 current LCU per US$ of GDP | -7.3% |
| 2020 | 286.5 current LCU per US$ of GDP | -35.1% |
| 2021 | 587.45 current LCU per US$ of GDP | +105.0% |
| 2022 | 790.8 current LCU per US$ of GDP | +34.6% |
| 2023 | 540.27 current LCU per US$ of GDP | -31.7% |
| 2024 | 416.16 current LCU per US$ of GDP | -23.0% |
Iraq compared with similar countries
- Iraq's 416.16 current LCU per US$ of GDP is above the median for upper middle income countries, which is 3.51 current LCU per US$ of GDP, 118.5× the median. (49 countries reporting)
- Iraq's 416.16 current LCU per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.08 current LCU per US$ of GDP, 384.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 587.51 current LCU per US$ of GDP | 323.78 current LCU per US$ of GDP | 733.99 current LCU per US$ of GDP | 5 |
| 2010s | 421.22 current LCU per US$ of GDP | 288.69 current LCU per US$ of GDP | 500.15 current LCU per US$ of GDP | 10 |
| 2020s | 524.24 current LCU per US$ of GDP | 286.5 current LCU per US$ of GDP | 790.8 current LCU per US$ of GDP | 5 |
Countries ranked near Iraq
- 14 Democratic Republic of Congo 767.99 current LCU per US$ of GDP compare
- 15 Colombia 534.08 current LCU per US$ of GDP compare
- 16 South Korea 506.37 current LCU per US$ of GDP compare
- 18 Rwanda 300.24 current LCU per US$ of GDP compare
- 19 Gabon 226.9 current LCU per US$ of GDP compare
- 20 Chile 217.04 current 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Iraq?
- Gross savings (current lcu), per unit of gdp in Iraq was 416.16 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Iraq?
- The highest recorded value was 790.8 current LCU per US$ of GDP in 2022.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Iraq?
- The lowest recorded value was 286.5 current LCU per US$ of GDP in 2020.
- How does Iraq rank for gross savings (current lcu), per unit of gdp?
- Iraq ranks 17th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 6.0%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- 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 savings (current 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.