Gross value added at basic prices (GVA) in Iraq
Iraq: Gross value added at basic prices (GVA) was 254.37 billion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Iraq, 1968–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Iraq is 254.37 billion current US$, measured in 2025.
That represents a change of down 9.0% on the previous year and up 52.5% over ten years.
Over the whole period, gross value added at basic prices (gva) in Iraq peaked at 287.37 billion current US$ in 2022 and was at its lowest, 407.80 million current US$, in 1991.
That places Iraq 51st out of 207 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Iraq, year by year
| Year | current US$ | Change |
|---|---|---|
| 1968 | 2.90 billion current US$ | — |
| 1969 | 3.01 billion current US$ | +3.8% |
| 1970 | 3.28 billion current US$ | +9.1% |
| 1971 | 3.87 billion current US$ | +17.8% |
| 1972 | 4.11 billion current US$ | +6.4% |
| 1973 | 5.13 billion current US$ | +24.8% |
| 1974 | 11.52 billion current US$ | +124.3% |
| 1975 | 13.46 billion current US$ | +16.9% |
| 1976 | 17.75 billion current US$ | +31.9% |
| 1977 | 19.84 billion current US$ | +11.7% |
| 1978 | 23.76 billion current US$ | +19.8% |
| 1979 | 37.82 billion current US$ | +59.1% |
| 1980 | 52.57 billion current US$ | +39.0% |
| 1981 | 37.82 billion current US$ | -28.1% |
| 1982 | 42.38 billion current US$ | +12.1% |
| 1983 | 40.71 billion current US$ | -3.9% |
| 1984 | 46.94 billion current US$ | +15.3% |
| 1985 | 48.43 billion current US$ | +3.2% |
| 1986 | 47.26 billion current US$ | -2.4% |
| 1987 | 56.77 billion current US$ | +20.1% |
| 1988 | 62.68 billion current US$ | +10.4% |
| 1989 | 65.83 billion current US$ | +5.0% |
| 1990 | 180.41 billion current US$ | +174.0% |
| 1991 | 407.80 million current US$ | -99.8% |
| 1992 | 553.67 million current US$ | +35.8% |
| 1993 | 1.03 billion current US$ | +86.4% |
| 1994 | 3.99 billion current US$ | +286.8% |
| 1995 | 12.89 billion current US$ | +223.0% |
| 1996 | 10.43 billion current US$ | -19.1% |
| 1997 | 20.76 billion current US$ | +99.0% |
| 1998 | 20.62 billion current US$ | -0.7% |
| 1999 | 36.88 billion current US$ | +78.9% |
| 2000 | 48.36 billion current US$ | +31.1% |
| 2001 | 36.18 billion current US$ | -25.2% |
| 2002 | 32.93 billion current US$ | -9.0% |
| 2003 | 21.92 billion current US$ | -33.4% |
| 2004 | 36.63 billion current US$ | +67.1% |
| 2005 | 50.07 billion current US$ | +36.7% |
| 2006 | 65.15 billion current US$ | +30.1% |
| 2007 | 88.84 billion current US$ | +36.4% |
| 2008 | 131.61 billion current US$ | +48.2% |
| 2009 | 111.66 billion current US$ | -15.2% |
| 2010 | 138.52 billion current US$ | +24.1% |
| 2011 | 185.75 billion current US$ | +34.1% |
| 2012 | 218.00 billion current US$ | +17.4% |
| 2013 | 234.64 billion current US$ | +7.6% |
| 2014 | 228.42 billion current US$ | -2.7% |
| 2015 | 166.77 billion current US$ | -27.0% |
| 2016 | 166.74 billion current US$ | -0.0% |
| 2017 | 187.22 billion current US$ | +12.3% |
| 2018 | 227.37 billion current US$ | +21.4% |
| 2019 | 233.64 billion current US$ | +2.8% |
| 2020 | 180.90 billion current US$ | -22.6% |
| 2021 | 209.69 billion current US$ | +15.9% |
| 2022 | 287.37 billion current US$ | +37.0% |
| 2023 | 268.88 billion current US$ | -6.4% |
| 2024 | 279.64 billion current US$ | +4.0% |
| 2025 | 254.37 billion current US$ | -9.0% |
Iraq compared with similar countries
- Iraq's 254.37 billion current US$ is above the median for upper middle income countries, which is 39.41 billion current US$, 6.5× the median. (58 countries reporting)
- Iraq's 254.37 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 110.20 billion current US$, 2.3× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | +286.8% | 1.03 billion current US$ | 3.99 billion current US$ |
| 1995 | +223.0% | 3.99 billion current US$ | 12.89 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.95 billion current US$ | 2.90 billion current US$ | 3.01 billion current US$ | 2 |
| 1970s | 14.05 billion current US$ | 3.28 billion current US$ | 37.82 billion current US$ | 10 |
| 1980s | 50.14 billion current US$ | 37.82 billion current US$ | 65.83 billion current US$ | 10 |
| 1990s | 28.80 billion current US$ | 407.80 million current US$ | 180.41 billion current US$ | 10 |
| 2000s | 62.33 billion current US$ | 21.92 billion current US$ | 131.61 billion current US$ | 10 |
| 2010s | 198.71 billion current US$ | 138.52 billion current US$ | 234.64 billion current US$ | 10 |
| 2020s | 246.81 billion current US$ | 180.90 billion current US$ | 287.37 billion current US$ | 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$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Iraq?
- Gross value added at basic prices (gva) in Iraq was 254.37 billion current US$ 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 287.37 billion current US$ in 2022.
- What is the lowest gross value added at basic prices (gva) recorded in Iraq?
- The lowest recorded value was 407.80 million current US$ in 1991.
- How does Iraq rank for gross value added at basic prices (gva)?
- Iraq ranks 51st 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 52.5%. 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) (current US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.