Gross domestic product (GDP) in Iraq
Iraq: Gross domestic product (GDP) was 135.83 billion current GBP in 2014. ◆ Volatile
Latest (2014)
135.83 billion current GBP
Change on year
down 8.7%
World rank
49th
of 200 countries
All-time high
148.72 billion current GBP
in 2013
All-time low
113.10 million current GBP
in 1949
Years of data
55
1949–2014
Gross domestic product (GDP) in Iraq, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Iraq stood at 135.83 billion current GBP.
Compared with earlier readings it is down 8.7% on the previous year and up 579.0% over ten years.
Over the whole period, gross domestic product (gdp) in Iraq peaked at 148.72 billion current GBP in 2013 and was at its lowest, 113.10 million current GBP, in 1949.
Iraq ranks 49th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Iraq, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 113.10 million current GBP | — |
| 1950 | 201.02 million current GBP | +77.7% |
| 1951 | 225.51 million current GBP | +12.2% |
| 1952 | 294.90 million current GBP | +30.8% |
| 1953 | 347.96 million current GBP | +18.0% |
| 1954 | 402.04 million current GBP | +15.5% |
| 1955 | 417.35 million current GBP | +3.8% |
| 1956 | 459.18 million current GBP | +10.0% |
| 1957 | 463.27 million current GBP | +0.9% |
| 1958 | 520.41 million current GBP | +12.3% |
| 1959 | 543.88 million current GBP | +4.5% |
| 1960 | 613.27 million current GBP | +12.8% |
| 1961 | 667.35 million current GBP | +8.8% |
| 1962 | 712.25 million current GBP | +6.7% |
| 1963 | 720.41 million current GBP | +1.1% |
| 1964 | 847.96 million current GBP | +17.7% |
| 1965 | 927.55 million current GBP | +9.4% |
| 1966 | 1.01 billion current GBP | +8.4% |
| 1967 | 1.03 billion current GBP | +2.3% |
| 1968 | 1.34 billion current GBP | +30.7% |
| 1969 | 1.40 billion current GBP | +4.5% |
| 1970 | 1.53 billion current GBP | +8.6% |
| 1971 | 1.70 billion current GBP | +11.6% |
| 1972 | 2.14 billion current GBP | +25.9% |
| 1973 | 2.65 billion current GBP | +23.4% |
| 1974 | 5.56 billion current GBP | +110.1% |
| 1975 | 7.28 billion current GBP | +30.9% |
| 1976 | 10.79 billion current GBP | +48.3% |
| 1977 | 13.37 billion current GBP | +24.0% |
| 1978 | 14.45 billion current GBP | +8.0% |
| 1979 | 18.68 billion current GBP | +29.3% |
| 1980 | 20.47 billion current GBP | +9.6% |
| 1981 | 16.21 billion current GBP | -20.8% |
| 1982 | 21.05 billion current GBP | +29.8% |
| 1983 | 24.74 billion current GBP | +17.5% |
| 1984 | 31.97 billion current GBP | +29.3% |
| 1985 | 34.45 billion current GBP | +7.7% |
| 1986 | 27.28 billion current GBP | -20.8% |
| 1987 | 26.74 billion current GBP | -2.0% |
| 1988 | 24.40 billion current GBP | -8.7% |
| 1989 | 29.59 billion current GBP | +21.3% |
| 1990 | 27.40 billion current GBP | -7.4% |
| 1991 | 6.69 billion current GBP | -75.6% |
| 1992 | 8.92 billion current GBP | +33.5% |
| 2004 | 20.01 billion current GBP | +124.2% |
| 2005 | 27.48 billion current GBP | +37.3% |
| 2006 | 35.40 billion current GBP | +28.9% |
| 2007 | 44.40 billion current GBP | +25.4% |
| 2008 | 71.59 billion current GBP | +61.2% |
| 2009 | 71.68 billion current GBP | +0.1% |
| 2010 | 89.65 billion current GBP | +25.1% |
| 2011 | 115.93 billion current GBP | +29.3% |
| 2012 | 138.00 billion current GBP | +19.0% |
| 2013 | 148.72 billion current GBP | +7.8% |
| 2014 | 135.83 billion current GBP | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 113.10 million current GBP | 113.10 million current GBP | 113.10 million current GBP | 1 |
| 1950s | 387.55 million current GBP | 201.02 million current GBP | 543.88 million current GBP | 10 |
| 1960s | 927.11 million current GBP | 613.27 million current GBP | 1.40 billion current GBP | 10 |
| 1970s | 7.81 billion current GBP | 1.53 billion current GBP | 18.68 billion current GBP | 10 |
| 1980s | 25.69 billion current GBP | 16.21 billion current GBP | 34.45 billion current GBP | 10 |
| 1990s | 14.34 billion current GBP | 6.69 billion current GBP | 27.40 billion current GBP | 3 |
| 2000s | 45.09 billion current GBP | 20.01 billion current GBP | 71.68 billion current GBP | 6 |
| 2010s | 125.63 billion current GBP | 89.65 billion current GBP | 148.72 billion current GBP | 5 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth -9.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 5,410 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth -9.04 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,300 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 7.03 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual -2.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7403 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Iraq?
- Gross domestic product (gdp) in Iraq was 135.83 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Iraq?
- The highest recorded value was 148.72 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Iraq?
- The lowest recorded value was 113.10 million current GBP in 1949.
- How does Iraq rank for gross domestic product (gdp)?
- Iraq ranks 49th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Iraq?
- Over the last ten years it is up 579.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.