PPP conversion factor, GDP in Iraq
Iraq: PPP conversion factor, GDP was 492.93 LCU per international $ in 2025. ▲ Rising
PPP conversion factor, GDP in Iraq, 1995–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in Iraq is 492.93 LCU per international $, measured in 2025.
Compared with earlier readings it is down 9.6% on the previous year and down 11.2% over ten years.
Over the whole period, ppp conversion factor, gdp in Iraq peaked at 657.11 LCU per international $ in 2022 and was at its lowest, 60.06 LCU per international $, in 1996.
Iraq ranks 24th of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 31 years of available data.
PPP conversion factor, GDP in Iraq, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1995 | 69.93 LCU per international $ | — |
| 1996 | 60.06 LCU per international $ | -14.1% |
| 1997 | 113.06 LCU per international $ | +88.3% |
| 1998 | 93.97 LCU per international $ | -16.9% |
| 1999 | 158.58 LCU per international $ | +68.8% |
| 2000 | 193.44 LCU per international $ | +22.0% |
| 2001 | 152.95 LCU per international $ | -20.9% |
| 2002 | 162.91 LCU per international $ | +6.5% |
| 2003 | 181.9 LCU per international $ | +11.7% |
| 2004 | 207.79 LCU per international $ | +14.2% |
| 2005 | 273.71 LCU per international $ | +31.7% |
| 2006 | 326.74 LCU per international $ | +19.4% |
| 2007 | 364.06 LCU per international $ | +11.4% |
| 2008 | 464.95 LCU per international $ | +27.7% |
| 2009 | 371.89 LCU per international $ | -20.0% |
| 2010 | 428.37 LCU per international $ | +15.2% |
| 2011 | 523.34 LCU per international $ | +22.2% |
| 2012 | 524.5 LCU per international $ | +0.2% |
| 2013 | 528.63 LCU per international $ | +0.8% |
| 2014 | 553.36 LCU per international $ | +4.7% |
| 2015 | 555.27 LCU per international $ | +0.3% |
| 2016 | 563.82 LCU per international $ | +1.5% |
| 2017 | 552.9 LCU per international $ | -1.9% |
| 2018 | 554.96 LCU per international $ | +0.4% |
| 2019 | 547.34 LCU per international $ | -1.4% |
| 2020 | 484.26 LCU per international $ | -11.5% |
| 2021 | 554.47 LCU per international $ | +14.5% |
| 2022 | 657.11 LCU per international $ | +18.5% |
| 2023 | 535.23 LCU per international $ | -18.5% |
| 2024 | 545.08 LCU per international $ | +1.8% |
| 2025 | 492.93 LCU per international $ | -9.6% |
Iraq compared with similar countries
- Iraq's 492.93 LCU per international $ is above the median for upper middle income countries, which is 7.46 LCU per international $, 66.1× the median. (58 countries reporting)
- Iraq's 492.93 LCU per international $ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.49 LCU per international $, 141.3× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 99.12 LCU per international $ | 60.06 LCU per international $ | 158.58 LCU per international $ | 5 |
| 2000s | 270.04 LCU per international $ | 152.95 LCU per international $ | 464.95 LCU per international $ | 10 |
| 2010s | 533.25 LCU per international $ | 428.37 LCU per international $ | 563.82 LCU per international $ | 10 |
| 2020s | 544.85 LCU per international $ | 484.26 LCU per international $ | 657.11 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, gdp in Iraq?
- Ppp conversion factor, gdp in Iraq was 492.93 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in Iraq?
- The highest recorded value was 657.11 LCU per international $ in 2022.
- What is the lowest ppp conversion factor, gdp recorded in Iraq?
- The lowest recorded value was 60.06 LCU per international $ in 1996.
- How does Iraq rank for ppp conversion factor, gdp?
- Iraq ranks 24th out of 205 countries with data for 2025.
- Is ppp conversion factor, gdp rising or falling in Iraq?
- Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
Download this data
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.