Merchandise trade as a proportion of GDP (%) in Iraq
Iraq: Merchandise trade as a proportion of GDP (%) was 67.4% in 2024. ▼ Falling
Merchandise trade as a proportion of GDP in Iraq, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for merchandise trade as a proportion of gdp in Iraq is 67.4%, measured in 2024.
Compared with earlier readings it is up 9.8% on the previous year and up 6.9% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Iraq peaked at 106.8% in 2004 and was at its lowest, 45.3%, in 2016.
That places Iraq 74th out of 220 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 69.5% | — |
| 2001 | 71.8% | +3.4% |
| 2002 | 66.9% | -6.9% |
| 2003 | 89.6% | +33.9% |
| 2004 | 106.8% | +19.1% |
| 2005 | 94.3% | -11.6% |
| 2006 | 80.6% | -14.5% |
| 2007 | 66.6% | -17.4% |
| 2008 | 75.0% | +12.7% |
| 2009 | 72.5% | -3.4% |
| 2010 | 69.1% | -4.7% |
| 2011 | 68.6% | -0.6% |
| 2012 | 70.3% | +2.4% |
| 2013 | 65.6% | -6.7% |
| 2014 | 63.0% | -3.9% |
| 2015 | 59.2% | -6.0% |
| 2016 | 45.3% | -23.6% |
| 2017 | 51.1% | +12.8% |
| 2018 | 58.4% | +14.3% |
| 2019 | 59.0% | +1.0% |
| 2020 | 52.6% | -10.8% |
| 2021 | 54.3% | +3.3% |
| 2022 | 60.3% | +11.0% |
| 2023 | 61.4% | +1.8% |
| 2024 | 67.4% | +9.8% |
Iraq compared with similar countries
- Iraq's 67.4% is above the median for upper middle income countries, which is 56.9%, 1.2× the median. (55 countries reporting)
- Iraq's 67.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 67.4%, 1.0× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.4% | 66.6% | 106.8% | 10 |
| 2010s | 61.0% | 45.3% | 70.3% | 10 |
| 2020s | 59.2% | 52.6% | 67.4% | 5 |
Countries ranked near Iraq
More economy & growth data for Iraq
- Real gdp growth, annual growth rate -490.57 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 165.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 6.85 units per person (2025)
- SDRs holdings, SDR, annual growth rate 152.51 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Iraq?
- Merchandise trade as a proportion of gdp in Iraq was 67.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Iraq?
- The highest recorded value was 106.8% in 2004.
- What is the lowest merchandise trade as a proportion of gdp recorded in Iraq?
- The lowest recorded value was 45.3% in 2016.
- How does Iraq rank for merchandise trade as a proportion of gdp?
- Iraq ranks 74th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Iraq?
- Over the last ten years it is up 6.9%. The long-run trend across the full record is falling.
- Where does this Iraq data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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