Gross savings (current US$), per unit of GDP in Iraq
Iraq: Gross savings (current US$), per unit of GDP was 0.3201 current US$ per US$ of GDP in 2024. ▼ Falling
Gross savings (current US$), per unit of GDP in Iraq, 2005–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross savings (current us$), per unit of gdp in Iraq stood at 0.3201 current US$ per US$ of GDP.
Compared with earlier readings it is down 22.0% on the previous year and down 15.7% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Iraq peaked at 0.5454 current US$ per US$ of GDP in 2022 and was at its lowest, 0.2403 current US$ per US$ of GDP, in 2020.
That places Iraq 33rd out of 178 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross savings (current US$), per unit of GDP in Iraq, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.4997 current US$ per US$ of GDP | — |
| 2006 | 0.4782 current US$ per US$ of GDP | -4.3% |
| 2007 | 0.4397 current US$ per US$ of GDP | -8.1% |
| 2008 | 0.5251 current US$ per US$ of GDP | +19.4% |
| 2009 | 0.2767 current US$ per US$ of GDP | -47.3% |
| 2010 | 0.3598 current US$ per US$ of GDP | +30.0% |
| 2011 | 0.4275 current US$ per US$ of GDP | +18.8% |
| 2012 | 0.4171 current US$ per US$ of GDP | -2.4% |
| 2013 | 0.4139 current US$ per US$ of GDP | -0.8% |
| 2014 | 0.3798 current US$ per US$ of GDP | -8.2% |
| 2015 | 0.2507 current US$ per US$ of GDP | -34.0% |
| 2016 | 0.2444 current US$ per US$ of GDP | -2.5% |
| 2017 | 0.321 current US$ per US$ of GDP | +31.3% |
| 2018 | 0.4028 current US$ per US$ of GDP | +25.5% |
| 2019 | 0.3735 current US$ per US$ of GDP | -7.3% |
| 2020 | 0.2403 current US$ per US$ of GDP | -35.7% |
| 2021 | 0.4051 current US$ per US$ of GDP | +68.6% |
| 2022 | 0.5454 current US$ per US$ of GDP | +34.6% |
| 2023 | 0.4106 current US$ per US$ of GDP | -24.7% |
| 2024 | 0.3201 current US$ per US$ of GDP | -22.0% |
Iraq compared with similar countries
- Iraq's 0.3201 current US$ per US$ of GDP is above the median for upper middle income countries, which is 0.2338 current US$ per US$ of GDP, 1.4× the median. (49 countries reporting)
- Iraq's 0.3201 current US$ per US$ of GDP is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.2586 current US$ per US$ of GDP, 1.2× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4439 current US$ per US$ of GDP | 0.2767 current US$ per US$ of GDP | 0.5251 current US$ per US$ of GDP | 5 |
| 2010s | 0.359 current US$ per US$ of GDP | 0.2444 current US$ per US$ of GDP | 0.4275 current US$ per US$ of GDP | 10 |
| 2020s | 0.3843 current US$ per US$ of GDP | 0.2403 current US$ per US$ of GDP | 0.5454 current US$ per US$ of GDP | 5 |
Countries ranked near Iraq
- 30 Panama 0.33 current US$ per US$ of GDP compare
- 31 Zambia 0.3216 current US$ per US$ of GDP compare
- 32 Japan 0.3206 current US$ per US$ of GDP compare
- 34 Botswana 0.32 current US$ per US$ of GDP compare
- 35 Congo 0.3166 current US$ per US$ of GDP compare
- 36 Sweden 0.3062 current US$ 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Iraq?
- Gross savings (current us$), per unit of gdp in Iraq was 0.3201 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Iraq?
- The highest recorded value was 0.5454 current US$ per US$ of GDP in 2022.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.2403 current US$ per US$ of GDP in 2020.
- How does Iraq rank for gross savings (current us$), per unit of gdp?
- Iraq ranks 33rd out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Iraq?
- Over the last ten years it is down 15.7%. 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 savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.