Gross value added at basic prices (GVA) (current LCU), annual growth in Iraq

Iraq: Gross value added at basic prices (GVA) (current LCU), annual growth was -9.04 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-9.04 % change on previous year
Change on year
down 427.8%
World rank
202nd
of 205 countries
All-time high
415.57 % change on previous year
in 1994
All-time low
-28.05 % change on previous year
in 1981
Years of data
57
1969–2025

Gross value added at basic prices (GVA) (current LCU), annual growth in Iraq, 1969–2025

0100200300400196919972025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Iraq recorded -9.04 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2025.

Compared with earlier readings it is down 427.8% on the previous year and up 66.4% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Iraq peaked at 415.57 % change on previous year in 1994 and was at its lowest, -28.05 % change on previous year, in 1981.

That places Iraq 202nd out of 205 countries with data for 2025, putting it in the bottom quarter.

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

Gross value added at basic prices (GVA) (current LCU), annual growth in Iraq, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Iraq, 1969 to 2025.
Year % change on previous year Change
1969 3.84 % change on previous year
1970 9.1 % change on previous year +137.0%
1971 16.6 % change on previous year +82.5%
1972 0.2269 % change on previous year -98.6%
1973 13.56 % change on previous year +5876.8%
1974 118.68 % change on previous year +775.2%
1975 16.86 % change on previous year -85.8%
1976 31.92 % change on previous year +89.3%
1977 11.73 % change on previous year -63.2%
1978 19.78 % change on previous year +68.6%
1979 59.14 % change on previous year +199.0%
1980 41.22 % change on previous year -30.3%
1981 -28.05 % change on previous year -168.0%
1982 12.05 % change on previous year -143.0%
1983 -0.7369 % change on previous year -106.1%
1984 15.29 % change on previous year -2175.0%
1985 3.17 % change on previous year -79.3%
1986 -2.4 % change on previous year -175.7%
1987 20.12 % change on previous year -939.5%
1988 10.41 % change on previous year -48.3%
1989 5.02 % change on previous year -51.8%
1990 174.04 % change on previous year +3366.3%
1991 -24.09 % change on previous year -113.8%
1992 171.15 % change on previous year -810.3%
1993 179.43 % change on previous year +4.8%
1994 415.57 % change on previous year +131.6%
1995 303.75 % change on previous year -26.9%
1996 -2.91 % change on previous year -101.0%
1997 132.17 % change on previous year -4648.4%
1998 13.47 % change on previous year -89.8%
1999 101.24 % change on previous year +651.7%
2000 45.7 % change on previous year -54.9%
2001 -17.72 % change on previous year -138.8%
2002 -0.706 % change on previous year -96.0%
2003 -27.88 % change on previous year +3848.7%
2004 79.94 % change on previous year -386.7%
2005 38.13 % change on previous year -52.3%
2006 29.99 % change on previous year -21.3%
2007 16.6 % change on previous year -44.7%
2008 40.89 % change on previous year +146.3%
2009 -16.8 % change on previous year -141.1%
2010 24.05 % change on previous year -243.2%
2011 34.1 % change on previous year +41.8%
2012 16.98 % change on previous year -50.2%
2013 7.62 % change on previous year -55.1%
2014 -2.65 % change on previous year -134.8%
2015 -26.9 % change on previous year +914.5%
2016 1.15 % change on previous year -104.3%
2017 12.56 % change on previous year +990.5%
2018 21.32 % change on previous year +69.7%
2019 2.69 % change on previous year -87.4%
2020 -21.91 % change on previous year -913.8%
2021 40.99 % change on previous year -287.1%
2022 37.05 % change on previous year -9.6%
2023 -15.1 % change on previous year -140.8%
2024 2.76 % change on previous year -118.3%
2025 -9.04 % change on previous year -427.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.84 % change on previous year 3.84 % change on previous year 3.84 % change on previous year 1
1970s 29.76 % change on previous year 0.2269 % change on previous year 118.68 % change on previous year 10
1980s 7.61 % change on previous year -28.05 % change on previous year 41.22 % change on previous year 10
1990s 146.38 % change on previous year -24.09 % change on previous year 415.57 % change on previous year 10
2000s 18.81 % change on previous year -27.88 % change on previous year 79.94 % change on previous year 10
2010s 9.09 % change on previous year -26.9 % change on previous year 34.1 % change on previous year 10
2020s 5.79 % change on previous year -21.91 % change on previous year 40.99 % change on previous year 6

Countries ranked near Iraq

  1. 199 Afghanistan -7.17 % change on previous year compare
  2. 200 Equatorial Guinea -7.59 % change on previous year compare
  3. 201 East Timor -8.92 % change on previous year compare
  4. 203 French Polynesia -9.63 % change on previous year compare
  5. 204 Palestine -12.3 % change on previous year compare
  6. 205 Venezuela -100 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Iraq?
Gross value added at basic prices (gva) (current lcu), annual growth in Iraq was -9.04 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Iraq?
The highest recorded value was 415.57 % change on previous year in 1994.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Iraq?
The lowest recorded value was -28.05 % change on previous year in 1981.
How does Iraq rank for gross value added at basic prices (gva) (current lcu), annual growth?
Iraq ranks 202nd out of 205 countries with data for 2025.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Iraq?
Over the last ten years it is up 66.4%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Iraq. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/iraq/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.