Trade in Iraq
Iraq: Trade was 77.1% in 2024. ◆ Volatile
Trade in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, trade in Iraq stood at 77.1%.
The figure is up 11.1% on the previous year and up 11.8% over ten years.
Over the whole period, trade in Iraq peaked at 154.2% in 2003 and was at its lowest, 0.0%, in 1995.
Iraq ranks 108th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Trade in Iraq, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 57.5% | — |
| 1971 | 66.6% | +15.9% |
| 1972 | 58.4% | -12.4% |
| 1973 | 70.9% | +21.4% |
| 1974 | 92.6% | +30.6% |
| 1975 | 94.9% | +2.5% |
| 1976 | 93.3% | -1.7% |
| 1977 | 97.0% | +4.0% |
| 1978 | 88.3% | -9.0% |
| 1979 | 93.6% | +6.0% |
| 1980 | 95.0% | +1.5% |
| 1981 | 93.9% | -1.2% |
| 1982 | 92.8% | -1.2% |
| 1983 | 57.6% | -38.0% |
| 1984 | 55.3% | -3.9% |
| 1985 | 55.0% | -0.7% |
| 1986 | 42.9% | -21.9% |
| 1987 | 49.3% | +14.9% |
| 1988 | 42.5% | -13.9% |
| 1989 | 44.8% | +5.5% |
| 1990 | 15.1% | -66.3% |
| 1991 | 3.8% | -74.9% |
| 1992 | 1.9% | -49.3% |
| 1993 | 0.5% | -71.6% |
| 1994 | 0.1% | -81.7% |
| 1995 | 0.0% | -78.9% |
| 1996 | 0.0% | +28.0% |
| 1997 | 106.2% | +394819.8% |
| 1998 | 132.2% | +24.5% |
| 1999 | 138.3% | +4.6% |
| 2000 | 125.3% | -9.4% |
| 2001 | 126.8% | +1.2% |
| 2002 | 119.8% | -5.5% |
| 2003 | 154.2% | +28.8% |
| 2004 | 120.2% | -22.0% |
| 2005 | 115.7% | -3.7% |
| 2006 | 89.7% | -22.5% |
| 2007 | 74.1% | -17.4% |
| 2008 | 81.1% | +9.4% |
| 2009 | 78.7% | -2.9% |
| 2010 | 73.5% | -6.6% |
| 2011 | 72.2% | -1.8% |
| 2012 | 73.6% | +2.0% |
| 2013 | 67.4% | -8.4% |
| 2014 | 69.0% | +2.3% |
| 2015 | 69.6% | +0.9% |
| 2016 | 54.6% | -21.6% |
| 2017 | 59.8% | +9.5% |
| 2018 | 65.8% | +10.1% |
| 2019 | 69.0% | +4.8% |
| 2020 | 57.7% | -16.3% |
| 2021 | 61.5% | +6.5% |
| 2022 | 68.8% | +11.8% |
| 2023 | 69.5% | +1.0% |
| 2024 | 77.1% | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 81.3% | 57.5% | 97.0% | 10 |
| 1980s | 62.9% | 42.5% | 95.0% | 10 |
| 1990s | 39.8% | 0.0% | 138.3% | 10 |
| 2000s | 108.6% | 74.1% | 154.2% | 10 |
| 2010s | 67.4% | 54.6% | 73.6% | 10 |
| 2020s | 66.9% | 57.7% | 77.1% | 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)
- Services, value added (current US$), annual growth rate 3.89 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5227 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,828 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 679.54 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 3.68 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 7.86 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4619 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Iraq?
- Trade in Iraq was 77.1% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Iraq?
- The highest recorded value was 154.2% in 2003.
- What is the lowest trade recorded in Iraq?
- The lowest recorded value was 0.0% in 1995.
- How does Iraq rank for trade?
- Iraq ranks 108th out of 192 countries with data for 2024.
- Is trade rising or falling in Iraq?
- Over the last ten years it is up 11.8%. 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 Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.