Gross value added at basic prices (GVA) in Iraq
Iraq: Gross value added at basic prices (GVA) was 207.34 trillion constant LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Iraq, 1968–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Iraq is 207.34 trillion constant LCU, measured in 2025.
The figure is down 2.2% on the previous year and up 12.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Iraq peaked at 222.14 trillion constant LCU in 2019 and was at its lowest, 12.90 trillion constant LCU, in 1968.
Iraq ranks 11th of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Iraq, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1968 | 12.90 trillion constant LCU | — |
| 1969 | 13.32 trillion constant LCU | +3.2% |
| 1970 | 13.93 trillion constant LCU | +4.5% |
| 1971 | 14.68 trillion constant LCU | +5.4% |
| 1972 | 15.22 trillion constant LCU | +3.7% |
| 1973 | 15.90 trillion constant LCU | +4.4% |
| 1974 | 18.46 trillion constant LCU | +16.1% |
| 1975 | 20.76 trillion constant LCU | +12.5% |
| 1976 | 24.33 trillion constant LCU | +17.2% |
| 1977 | 24.79 trillion constant LCU | +1.9% |
| 1978 | 29.02 trillion constant LCU | +17.1% |
| 1979 | 35.08 trillion constant LCU | +20.9% |
| 1980 | 43.76 trillion constant LCU | +24.8% |
| 1981 | 43.44 trillion constant LCU | -0.7% |
| 1982 | 44.93 trillion constant LCU | +3.4% |
| 1983 | 39.06 trillion constant LCU | -13.1% |
| 1984 | 38.48 trillion constant LCU | -1.5% |
| 1985 | 39.04 trillion constant LCU | +1.5% |
| 1986 | 40.85 trillion constant LCU | +4.6% |
| 1987 | 44.66 trillion constant LCU | +9.3% |
| 1988 | 44.65 trillion constant LCU | -0.0% |
| 1989 | 43.25 trillion constant LCU | -3.1% |
| 1990 | 68.26 trillion constant LCU | +57.8% |
| 1991 | 24.54 trillion constant LCU | -64.0% |
| 1992 | 32.54 trillion constant LCU | +32.6% |
| 1993 | 42.40 trillion constant LCU | +30.3% |
| 1994 | 44.03 trillion constant LCU | +3.9% |
| 1995 | 44.97 trillion constant LCU | +2.1% |
| 1996 | 49.92 trillion constant LCU | +11.0% |
| 1997 | 60.52 trillion constant LCU | +21.2% |
| 1998 | 81.71 trillion constant LCU | +35.0% |
| 1999 | 96.07 trillion constant LCU | +17.6% |
| 2000 | 112.21 trillion constant LCU | +16.8% |
| 2001 | 114.19 trillion constant LCU | +1.8% |
| 2002 | 104.82 trillion constant LCU | -8.2% |
| 2003 | 66.40 trillion constant LCU | -36.7% |
| 2004 | 101.84 trillion constant LCU | +53.4% |
| 2005 | 103.55 trillion constant LCU | +1.7% |
| 2006 | 109.39 trillion constant LCU | +5.6% |
| 2007 | 111.46 trillion constant LCU | +1.9% |
| 2008 | 120.63 trillion constant LCU | +8.2% |
| 2009 | 124.70 trillion constant LCU | +3.4% |
| 2010 | 132.69 trillion constant LCU | +6.4% |
| 2011 | 142.70 trillion constant LCU | +7.5% |
| 2012 | 162.59 trillion constant LCU | +13.9% |
| 2013 | 174.99 trillion constant LCU | +7.6% |
| 2014 | 178.95 trillion constant LCU | +2.3% |
| 2015 | 183.62 trillion constant LCU | +2.6% |
| 2016 | 208.93 trillion constant LCU | +13.8% |
| 2017 | 205.13 trillion constant LCU | -1.8% |
| 2018 | 210.53 trillion constant LCU | +2.6% |
| 2019 | 222.14 trillion constant LCU | +5.5% |
| 2020 | 195.40 trillion constant LCU | -12.0% |
| 2021 | 198.34 trillion constant LCU | +1.5% |
| 2022 | 214.12 trillion constant LCU | +8.0% |
| 2023 | 215.23 trillion constant LCU | +0.5% |
| 2024 | 211.91 trillion constant LCU | -1.5% |
| 2025 | 207.34 trillion constant LCU | -2.2% |
Iraq compared with similar countries
- Iraq's 207.34 trillion constant LCU is above the median for upper middle income countries, which is 504.09 billion constant LCU, 411.3× the median. (57 countries reporting)
- Iraq's 207.34 trillion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 732.44 billion constant LCU, 283.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) 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 |
|---|---|---|---|
| 1991 | -64.0% | 68.26 trillion constant LCU | 24.54 trillion constant LCU |
| 1990 | +57.8% | 43.25 trillion constant LCU | 68.26 trillion constant LCU |
| 2004 | +53.4% | 66.40 trillion constant LCU | 101.84 trillion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.11 trillion constant LCU | 12.90 trillion constant LCU | 13.32 trillion constant LCU | 2 |
| 1970s | 21.22 trillion constant LCU | 13.93 trillion constant LCU | 35.08 trillion constant LCU | 10 |
| 1980s | 42.21 trillion constant LCU | 38.48 trillion constant LCU | 44.93 trillion constant LCU | 10 |
| 1990s | 54.50 trillion constant LCU | 24.54 trillion constant LCU | 96.07 trillion constant LCU | 10 |
| 2000s | 106.92 trillion constant LCU | 66.40 trillion constant LCU | 124.70 trillion constant LCU | 10 |
| 2010s | 182.23 trillion constant LCU | 132.69 trillion constant LCU | 222.14 trillion constant LCU | 10 |
| 2020s | 207.06 trillion constant LCU | 195.40 trillion constant LCU | 215.23 trillion constant LCU | 6 |
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)
- 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 value added at basic prices (gva) in Iraq?
- Gross value added at basic prices (gva) in Iraq was 207.34 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Iraq?
- The highest recorded value was 222.14 trillion constant LCU in 2019.
- What is the lowest gross value added at basic prices (gva) recorded in Iraq?
- The lowest recorded value was 12.90 trillion constant LCU in 1968.
- How does Iraq rank for gross value added at basic prices (gva)?
- Iraq ranks 11th out of 198 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Iraq?
- Over the last ten years it is up 12.9%. 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 58 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.