Gross value added at basic prices (GVA) in Iraq
Iraq: Gross value added at basic prices (GVA) was 330.68 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
330.68 trillion current LCU
Change on year
down 9.0%
World rank
13th
of 207 countries
All-time high
416.69 trillion current LCU
in 2022
All-time low
1.03 billion current LCU
in 1968
Years of data
58
1968–2025
Gross value added at basic prices (GVA) in Iraq, 1968–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, gross value added at basic prices (gva) in Iraq stood at 330.68 trillion current LCU.
The figure is down 9.0% on the previous year and up 69.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Iraq peaked at 416.69 trillion current LCU in 2022 and was at its lowest, 1.03 billion current LCU, in 1968.
That places Iraq 13th out of 207 countries with data for 2025, putting it 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 | current LCU | Change |
|---|---|---|
| 1968 | 1.03 billion current LCU | — |
| 1969 | 1.07 billion current LCU | +3.8% |
| 1970 | 1.17 billion current LCU | +9.1% |
| 1971 | 1.37 billion current LCU | +16.6% |
| 1972 | 1.37 billion current LCU | +0.2% |
| 1973 | 1.56 billion current LCU | +13.6% |
| 1974 | 3.40 billion current LCU | +118.7% |
| 1975 | 3.97 billion current LCU | +16.9% |
| 1976 | 5.24 billion current LCU | +31.9% |
| 1977 | 5.86 billion current LCU | +11.7% |
| 1978 | 7.02 billion current LCU | +19.8% |
| 1979 | 11.17 billion current LCU | +59.1% |
| 1980 | 15.77 billion current LCU | +41.2% |
| 1981 | 11.35 billion current LCU | -28.1% |
| 1982 | 12.71 billion current LCU | +12.1% |
| 1983 | 12.62 billion current LCU | -0.7% |
| 1984 | 14.55 billion current LCU | +15.3% |
| 1985 | 15.01 billion current LCU | +3.2% |
| 1986 | 14.65 billion current LCU | -2.4% |
| 1987 | 17.60 billion current LCU | +20.1% |
| 1988 | 19.43 billion current LCU | +10.4% |
| 1989 | 20.41 billion current LCU | +5.0% |
| 1990 | 55.93 billion current LCU | +174.0% |
| 1991 | 42.45 billion current LCU | -24.1% |
| 1992 | 115.11 billion current LCU | +171.2% |
| 1993 | 321.65 billion current LCU | +179.4% |
| 1994 | 1.66 trillion current LCU | +415.6% |
| 1995 | 6.70 trillion current LCU | +303.7% |
| 1996 | 6.50 trillion current LCU | -2.9% |
| 1997 | 15.09 trillion current LCU | +132.2% |
| 1998 | 17.13 trillion current LCU | +13.5% |
| 1999 | 34.46 trillion current LCU | +101.2% |
| 2000 | 50.21 trillion current LCU | +45.7% |
| 2001 | 41.31 trillion current LCU | -17.7% |
| 2002 | 41.02 trillion current LCU | -0.7% |
| 2003 | 29.59 trillion current LCU | -27.9% |
| 2004 | 53.24 trillion current LCU | +79.9% |
| 2005 | 73.53 trillion current LCU | +38.1% |
| 2006 | 95.59 trillion current LCU | +30.0% |
| 2007 | 111.46 trillion current LCU | +16.6% |
| 2008 | 157.03 trillion current LCU | +40.9% |
| 2009 | 130.64 trillion current LCU | -16.8% |
| 2010 | 162.06 trillion current LCU | +24.1% |
| 2011 | 217.33 trillion current LCU | +34.1% |
| 2012 | 254.22 trillion current LCU | +17.0% |
| 2013 | 273.59 trillion current LCU | +7.6% |
| 2014 | 266.33 trillion current LCU | -2.7% |
| 2015 | 194.68 trillion current LCU | -26.9% |
| 2016 | 196.92 trillion current LCU | +1.2% |
| 2017 | 221.67 trillion current LCU | +12.6% |
| 2018 | 268.92 trillion current LCU | +21.3% |
| 2019 | 276.16 trillion current LCU | +2.7% |
| 2020 | 215.66 trillion current LCU | -21.9% |
| 2021 | 304.05 trillion current LCU | +41.0% |
| 2022 | 416.69 trillion current LCU | +37.0% |
| 2023 | 353.78 trillion current LCU | -15.1% |
| 2024 | 363.53 trillion current LCU | +2.8% |
| 2025 | 330.68 trillion current LCU | -9.0% |
Iraq compared with similar countries
- Iraq's 330.68 trillion current LCU is above the median for upper middle income countries, which is 896.75 billion current LCU, 368.8× the median. (58 countries reporting)
- Iraq's 330.68 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.50 trillion current LCU, 220.1× 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 |
|---|---|---|---|
| 1994 | +415.6% | 321.65 billion current LCU | 1.66 trillion current LCU |
| 1995 | +303.7% | 1.66 trillion current LCU | 6.70 trillion current LCU |
| 1993 | +179.4% | 115.11 billion current LCU | 321.65 billion current LCU |
| 1990 | +174.0% | 20.41 billion current LCU | 55.93 billion current LCU |
| 1992 | +171.2% | 42.45 billion current LCU | 115.11 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.05 billion current LCU | 1.03 billion current LCU | 1.07 billion current LCU | 2 |
| 1970s | 4.21 billion current LCU | 1.17 billion current LCU | 11.17 billion current LCU | 10 |
| 1980s | 15.41 billion current LCU | 11.35 billion current LCU | 20.41 billion current LCU | 10 |
| 1990s | 8.21 trillion current LCU | 42.45 billion current LCU | 34.46 trillion current LCU | 10 |
| 2000s | 78.36 trillion current LCU | 29.59 trillion current LCU | 157.03 trillion current LCU | 10 |
| 2010s | 233.19 trillion current LCU | 162.06 trillion current LCU | 276.16 trillion current LCU | 10 |
| 2020s | 330.73 trillion current LCU | 215.66 trillion current LCU | 416.69 trillion current 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 330.68 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Iraq?
- The highest recorded value was 416.69 trillion current LCU in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Iraq?
- The lowest recorded value was 1.03 billion current LCU in 1968.
- How does Iraq rank for gross value added at basic prices (gva)?
- Iraq ranks 13th out of 207 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 69.9%. 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 Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.