Inflation, GDP deflator in Iraq
Iraq: Inflation, GDP deflator was -7.0% in 2025. ◆ Volatile
Inflation, GDP deflator in Iraq, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in Iraq stood at -7.0%.
That represents a change of down 261.0% on the previous year and up 75.5% over ten years.
Over the whole period, inflation, gdp deflator in Iraq peaked at 396.4% in 1994 and was at its lowest, -28.8%, in 2015.
That places Iraq 209th out of 212 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.
Inflation, GDP deflator in Iraq, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 1.3% | — |
| 1962 | 2.0% | +50.5% |
| 1963 | -1.2% | -159.6% |
| 1964 | 3.0% | -352.1% |
| 1965 | -1.3% | -142.7% |
| 1966 | 3.2% | -348.1% |
| 1967 | 10.6% | +231.8% |
| 1968 | -5.0% | -147.1% |
| 1969 | 0.6% | -111.5% |
| 1970 | 4.4% | +657.3% |
| 1971 | 10.7% | +144.7% |
| 1972 | -3.4% | -131.8% |
| 1973 | 8.8% | -358.8% |
| 1974 | 88.3% | +909.0% |
| 1975 | 3.9% | -95.6% |
| 1976 | 12.6% | +224.0% |
| 1977 | 9.7% | -23.3% |
| 1978 | 2.3% | -75.9% |
| 1979 | 31.7% | +1260.9% |
| 1980 | 13.2% | -58.3% |
| 1981 | -27.5% | -308.5% |
| 1982 | 8.3% | -130.3% |
| 1983 | 14.2% | +70.3% |
| 1984 | 17.0% | +20.0% |
| 1985 | 1.7% | -90.1% |
| 1986 | -6.7% | -498.5% |
| 1987 | 9.9% | -247.0% |
| 1988 | 10.4% | +5.4% |
| 1989 | 8.4% | -19.5% |
| 1990 | 73.6% | +776.6% |
| 1991 | 111.1% | +50.9% |
| 1992 | 104.5% | -6.0% |
| 1993 | 114.5% | +9.5% |
| 1994 | 396.4% | +246.3% |
| 1995 | 295.4% | -25.5% |
| 1996 | -12.5% | -104.2% |
| 1997 | 91.5% | -829.4% |
| 1998 | -16.0% | -117.4% |
| 1999 | 71.2% | -546.1% |
| 2000 | 24.7% | -65.2% |
| 2001 | -19.2% | -177.4% |
| 2002 | 8.2% | -142.7% |
| 2003 | 13.9% | +69.6% |
| 2004 | 17.3% | +24.9% |
| 2005 | 35.9% | +107.1% |
| 2006 | 23.1% | -35.7% |
| 2007 | 14.4% | -37.4% |
| 2008 | 30.2% | +109.0% |
| 2009 | -19.5% | -164.7% |
| 2010 | 16.6% | -185.0% |
| 2011 | 24.7% | +48.9% |
| 2012 | 2.7% | -89.2% |
| 2013 | -0.0% | -100.4% |
| 2014 | -4.8% | +42313.2% |
| 2015 | -28.8% | +498.3% |
| 2016 | -11.1% | -61.4% |
| 2017 | 14.7% | -231.9% |
| 2018 | 18.2% | +24.3% |
| 2019 | -2.7% | -114.7% |
| 2020 | -11.2% | +319.5% |
| 2021 | 38.9% | -446.7% |
| 2022 | 26.9% | -30.7% |
| 2023 | -15.5% | -157.7% |
| 2024 | 4.4% | -128.1% |
| 2025 | -7.0% | -261.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.5% | -5.0% | 10.6% | 9 |
| 1970s | 16.9% | -3.4% | 88.3% | 10 |
| 1980s | 4.9% | -27.5% | 17.0% | 10 |
| 1990s | 123.0% | -16.0% | 396.4% | 10 |
| 2000s | 12.9% | -19.5% | 35.9% | 10 |
| 2010s | 2.9% | -28.8% | 24.7% | 10 |
| 2020s | 6.1% | -15.5% | 38.9% | 6 |
Countries ranked near Iraq
- 206 Timor-Leste -4.7% compare
- 207 Brunei Darussalam -4.7% compare
- 208 Kuwait -5.0% compare
- 210 Guyana -7.9% compare
- 211 Afghanistan -8.3% compare
- 212 Liechtenstein -9.9% 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)
- GDP (constant 2015 US$), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.7403 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,005 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate -2.16 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 815.11 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 4.41 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -19.2 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3141 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is inflation, gdp deflator in Iraq?
- Inflation, gdp deflator in Iraq was -7.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in Iraq?
- The highest recorded value was 396.4% in 1994.
- What is the lowest inflation, gdp deflator recorded in Iraq?
- The lowest recorded value was -28.8% in 2015.
- How does Iraq rank for inflation, gdp deflator?
- Iraq ranks 209th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in Iraq?
- Over the last ten years it is up 75.5%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.