Value Added (Total Manufacturing) — Value Standard Local Currency in Iraq

Iraq: Value Added (Total Manufacturing) — Value Standard Local Currency was 12.69 % change on previous year in 2023. ◆ Volatile

Latest (2023)
12.69 % change on previous year
Change on year
down 67.5%
World rank
62nd
of 231 countries
All-time high
427.96 % change on previous year
in 1994
All-time low
-54.96 % change on previous year
in 1992
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value Standard Local Currency in Iraq, 1971–2023

-1000100200300400197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Iraq is 12.69 % change on previous year, measured in 2023.

That represents a change of down 67.5% on the previous year and up 238.6% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Iraq peaked at 427.96 % change on previous year in 1994 and was at its lowest, -54.96 % change on previous year, in 1992.

Iraq ranks 62nd of 231 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.

Value Added (Total Manufacturing) — Value Standard Local Currency in Iraq, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate in Iraq, 1971 to 2023.
Year % change on previous year Change
1971 2.16 % change on previous year —
1972 18.14 % change on previous year +741.9%
1973 12.57 % change on previous year -30.7%
1974 19.16 % change on previous year +52.4%
1975 44.09 % change on previous year +130.1%
1976 40.35 % change on previous year -8.5%
1977 28.65 % change on previous year -29.0%
1978 3.6 % change on previous year -87.4%
1979 24.18 % change on previous year +571.3%
1980 13.3 % change on previous year -45.0%
1981 1.46 % change on previous year -89.0%
1982 34.45 % change on previous year +2258.7%
1983 4.18 % change on previous year -87.9%
1984 28.51 % change on previous year +582.3%
1985 13.78 % change on previous year -51.7%
1986 18.64 % change on previous year +35.3%
1987 17.96 % change on previous year -3.7%
1988 27.52 % change on previous year +53.2%
1989 2.01 % change on previous year -92.7%
1990 -23.59 % change on previous year -1270.6%
1991 -38.12 % change on previous year +61.6%
1992 -54.96 % change on previous year +44.2%
1993 142.51 % change on previous year -359.3%
1994 427.96 % change on previous year +200.3%
1995 205.38 % change on previous year -52.0%
1996 6.2 % change on previous year -97.0%
1997 -10.47 % change on previous year -268.9%
1998 49.82 % change on previous year -575.6%
1999 104.52 % change on previous year +109.8%
2000 51.17 % change on previous year -51.0%
2001 33.73 % change on previous year -34.1%
2002 2.38 % change on previous year -92.9%
2003 -51.35 % change on previous year -2253.9%
2004 208.73 % change on previous year -506.5%
2005 3.56 % change on previous year -98.3%
2006 51.72 % change on previous year +1354.1%
2007 23.4 % change on previous year -54.8%
2008 45.45 % change on previous year +94.3%
2009 29.01 % change on previous year -36.2%
2010 7.84 % change on previous year -73.0%
2011 66.71 % change on previous year +751.0%
2012 12.83 % change on previous year -80.8%
2013 -9.15 % change on previous year -171.4%
2014 -20.47 % change on previous year +123.6%
2015 -15.29 % change on previous year -25.3%
2016 4.76 % change on previous year -131.1%
2017 8.64 % change on previous year +81.5%
2018 13.37 % change on previous year +54.7%
2019 8.03 % change on previous year -40.0%
2020 -5.43 % change on previous year -167.7%
2021 34.72 % change on previous year -739.1%
2022 39.03 % change on previous year +12.4%
2023 12.69 % change on previous year -67.5%

Iraq compared with similar countries

  • Iraq's 12.69 % change on previous year is above the median for upper middle income countries, which is 5.07 % change on previous year, 2.5× the median. (54 countries reporting)
  • Iraq's 12.69 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 0.1664 % change on previous year, 76.3× the median. (22 countries reporting)

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1982 +2258.7% 1.46 % change on previous year 34.45 % change on previous year
2003 -2253.9% 2.38 % change on previous year -51.35 % change on previous year
2006 +1354.1% 3.56 % change on previous year 51.72 % change on previous year
1990 -1270.6% 2.01 % change on previous year -23.59 % change on previous year
2011 +751.0% 7.84 % change on previous year 66.71 % change on previous year
1972 +741.9% 2.16 % change on previous year 18.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 21.43 % change on previous year 2.16 % change on previous year 44.09 % change on previous year 9
1980s 16.18 % change on previous year 1.46 % change on previous year 34.45 % change on previous year 10
1990s 80.92 % change on previous year -54.96 % change on previous year 427.96 % change on previous year 10
2000s 39.78 % change on previous year -51.35 % change on previous year 208.73 % change on previous year 10
2010s 7.73 % change on previous year -20.47 % change on previous year 66.71 % change on previous year 10
2020s 20.25 % change on previous year -5.43 % change on previous year 39.03 % change on previous year 4

Countries ranked near Iraq

  1. 60 Democratic People's Republic of Korea 13.3 % change on previous year compare
  2. 61 United Arab Emirates 12.94 % change on previous year compare
  3. 63 Benin 12.63 % change on previous year compare
  4. 64 Netherlands (Kingdom of the) 12.55 % change on previous year compare
  5. 65 Russia 12.33 % change on previous year compare
  6. 65 Russian Federation 12.33 % change on previous year compare

See the full ranking of 232 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is value added (total manufacturing) — value standard local currency in Iraq?
Value added (total manufacturing) — value standard local currency in Iraq was 12.69 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value standard local currency recorded in Iraq?
The highest recorded value was 427.96 % change on previous year in 1994.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Iraq?
The lowest recorded value was -54.96 % change on previous year in 1992.
How does Iraq rank for value added (total manufacturing) — value standard local currency?
Iraq ranks 62nd out of 231 countries with data for 2023.
Is value added (total manufacturing) — value standard local currency rising or falling in Iraq?
Over the last ten years it is up 238.6%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Iraq. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-annual-growth-rate/iraq/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
232 places, 11,099 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.