PPP conversion factor for private consumption in Iraq
Iraq: PPP conversion factor for private consumption was 545.99 LCU per international $ in 2025. ▲ Rising
Latest (2025)
545.99 LCU per international $
Change on year
down 2.3%
World rank
20th
of 204 countries
All-time high
575.59 LCU per international $
in 2021
All-time low
70.86 LCU per international $
in 1996
Years of data
31
1995–2025
PPP conversion factor for private consumption in Iraq, 1995–2025
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
In 2025, ppp conversion factor for private consumption in Iraq stood at 545.99 LCU per international $.
Compared with earlier readings it is down 2.3% on the previous year and down 4.0% over ten years.
Over the whole period, ppp conversion factor for private consumption in Iraq peaked at 575.59 LCU per international $ in 2021 and was at its lowest, 70.86 LCU per international $, in 1996.
That places Iraq 20th out of 204 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
PPP conversion factor for private consumption in Iraq, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1995 | 86.95 LCU per international $ | — |
| 1996 | 70.86 LCU per international $ | -18.5% |
| 1997 | 85.21 LCU per international $ | +20.3% |
| 1998 | 96.3 LCU per international $ | +13.0% |
| 1999 | 106.09 LCU per international $ | +10.2% |
| 2000 | 107.73 LCU per international $ | +1.5% |
| 2001 | 121.93 LCU per international $ | +13.2% |
| 2002 | 143.21 LCU per international $ | +17.5% |
| 2003 | 187.1 LCU per international $ | +30.7% |
| 2004 | 231.36 LCU per international $ | +23.7% |
| 2005 | 306.47 LCU per international $ | +32.5% |
| 2006 | 454.93 LCU per international $ | +48.4% |
| 2007 | 397.78 LCU per international $ | -12.6% |
| 2008 | 431.58 LCU per international $ | +8.5% |
| 2009 | 462.89 LCU per international $ | +7.3% |
| 2010 | 466.49 LCU per international $ | +0.8% |
| 2011 | 477.56 LCU per international $ | +2.4% |
| 2012 | 487.54 LCU per international $ | +2.1% |
| 2013 | 503.87 LCU per international $ | +3.3% |
| 2014 | 550.08 LCU per international $ | +9.2% |
| 2015 | 568.7 LCU per international $ | +3.4% |
| 2016 | 572.85 LCU per international $ | +0.7% |
| 2017 | 565.77 LCU per international $ | -1.2% |
| 2018 | 541.62 LCU per international $ | -4.3% |
| 2019 | 538.67 LCU per international $ | -0.5% |
| 2020 | 535.71 LCU per international $ | -0.6% |
| 2021 | 575.59 LCU per international $ | +7.4% |
| 2022 | 559.56 LCU per international $ | -2.8% |
| 2023 | 560.86 LCU per international $ | +0.2% |
| 2024 | 559.02 LCU per international $ | -0.3% |
| 2025 | 545.99 LCU per international $ | -2.3% |
Iraq compared with similar countries
- Iraq's 545.99 LCU per international $ is above the median for upper middle income countries, which is 8.77 LCU per international $, 62.2× the median. (57 countries reporting)
- Iraq's 545.99 LCU per international $ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.66 LCU per international $, 149.3× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 89.08 LCU per international $ | 70.86 LCU per international $ | 106.09 LCU per international $ | 5 |
| 2000s | 284.5 LCU per international $ | 107.73 LCU per international $ | 462.89 LCU per international $ | 10 |
| 2010s | 527.32 LCU per international $ | 466.49 LCU per international $ | 572.85 LCU per international $ | 10 |
| 2020s | 556.12 LCU per international $ | 535.71 LCU per international $ | 575.59 LCU per international $ | 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 ppp conversion factor for private consumption in Iraq?
- Ppp conversion factor for private consumption in Iraq was 545.99 LCU per international $ in 2025, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Iraq?
- The highest recorded value was 575.59 LCU per international $ in 2021.
- What is the lowest ppp conversion factor for private consumption recorded in Iraq?
- The lowest recorded value was 70.86 LCU per international $ in 1996.
- How does Iraq rank for ppp conversion factor for private consumption?
- Iraq ranks 20th out of 204 countries with data for 2025.
- Is ppp conversion factor for private consumption rising or falling in Iraq?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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