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Iraq Economy Statistics

Republic of Iraq ยท Asia ยท Western Asia ยท Capital: Baghdad

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Key Indicators

GDP (Current USD)

$279.64B

2024 โ†‘ 19.7% 5yr

GDP Per Capita (USD)

$6,073.61

2024 โ†‘ 7.1% 5yr

GDP Growth Rate (%)

-1.5%

2024 โ†“ 128.0% 5yr

Inflation Rate (%)

-12.3%

2024 โ†“ 6079.4% 5yr

Unemployment Rate (%)

15.5%

2025 โ†“ 1.8% 5yr

Government Debt (% of GDP)

27.4%

2018 โ†‘ 0.2% 5yr

Foreign Direct Investment (USD)

$-7,648,900,000

2024 โ†“ 148.7% 5yr

Exports (% of GDP)

37.5%

2024 โ†“ 1.4% 5yr

Historical Trends

GDP (Current USD)

GDP Per Capita (USD)

GDP Growth Rate (%)

Inflation Rate (%)

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Complete Data

GDP (Current USD)

Year Value Change
2024 $279.64B +4.0%
2023 $268.88B -6.4%
2022 $287.37B +37.0%
2021 $209.69B +15.9%
2020 $180.90B -22.6%
2019 $233.64B +2.8%
2018 $227.37B +21.4%
2017 $187.22B +12.3%
2016 $166.74B -0.0%
2015 $166.77B -27.0%
2014 $228.42B -2.7%
2013 $234.64B +7.6%
2012 $218.00B +17.4%
2011 $185.75B +34.1%
2010 $138.52B +24.1%
2009 $111.66B -15.2%
2008 $131.61B +48.2%
2007 $88.84B +36.4%
2006 $65.15B +30.1%
2005 $50.07B โ€”

GDP Per Capita (USD)

Year Value Change
2024 $6,073.61 +1.8%
2023 $5,965.318 -8.5%
2022 $6,520.732 +33.9%
2021 $4,868.494 +13.3%
2020 $4,295.19 -24.3%
2019 $5,671.857 +0.4%
2018 $5,646.689 +18.6%
2017 $4,759.285 +9.8%
2016 $4,334.421 -2.4%
2015 $4,440.142 -29.0%
2014 $6,249.392 -6.0%
2013 $6,650.353 +2.7%
2012 $6,477.596 +12.2%
2011 $5,775.542 +29.4%
2010 $4,461.752 +20.1%
2009 $3,714.712 -18.2%
2008 $4,542.966 +45.2%
2007 $3,128.99 +37.4%
2006 $2,276.554 +29.2%
2005 $1,762.394 โ€”

GDP Growth Rate (%)

Year Value Change
2024 -1.55% -398.5%
2023 0.52% -93.5%
2022 7.96% +429.8%
2021 1.50% +112.5%
2020 -12.04% -318.3%
2019 5.51% +109.3%
2018 2.63% +244.7%
2017 -1.82% -113.2%
2016 13.79% +428.9%
2015 2.61% +15.2%
2014 2.26% -70.3%
2013 7.63% -45.3%
2012 13.94% +84.7%
2011 7.55% +17.9%
2010 6.40% +89.5%
2009 3.38% -58.9%
2008 8.23% +335.7%
2007 1.89% -66.5%
2006 5.64% +236.6%
2005 1.68% โ€”

Inflation Rate (%)

Year Value Change
2024 -12.30% -382.1%
2023 4.36% -12.7%
2022 4.99% -17.3%
2021 6.04% +952.2%
2020 0.57% +388.5%
2019 -0.20% -154.2%
2018 0.37% +99.6%
2017 0.18% -66.9%
2016 0.56% -60.1%
2015 1.39% -37.7%
2014 2.24% +19.0%
2013 1.88% -69.1%
2012 6.09% +5.0%
2011 5.80% +101.6%
2010 2.88% -58.1%
2009 6.87% -45.7%
2008 12.66% +225.8%
2007 -10.07% -118.9%
2006 53.23% +44.0%
2005 36.96% โ€”

Unemployment Rate (%)

Year Value Change
2025 15.48% +1.3%
2024 15.29% +0.4%
2023 15.24% -1.1%
2022 15.41% -4.7%
2021 16.17% +2.6%
2020 15.77% +11.8%
2019 14.10% +4.7%
2018 13.46% +3.4%
2017 13.02% +20.3%
2016 10.82% -0.4%
2015 10.87% +2.6%
2014 10.59% +14.8%
2013 9.22% +15.8%
2012 7.96% -2.8%
2011 8.19% -0.9%
2010 8.27% -1.8%
2009 8.41% -0.6%
2008 8.47% -2.1%
2007 8.65% +2.8%
2006 8.41% โ€”

Government Debt (% of GDP)

Year Value Change
2018 27.44% -23.5%
2017 35.86% +21.7%
2016 29.48% +7.6%
2015 27.39% โ€”

Foreign Direct Investment (USD)

Year Value Change
2024 $-7,648,900,000 -42.6%
2023 $-5,363,500,000 -156.8%
2022 $-2,088,200,000 +20.8%
2021 $-2,637,300,000 +7.8%
2020 $-2,859,100,000 +7.0%
2019 $-3,075,600,000 +37.0%
2018 $-4,885,100,000 +2.9%
2017 $-5,032,400,000 +19.6%
2016 $-6,255,900,000 +17.4%
2015 $-7,574,200,000 +25.6%
2014 $-10,176,400,000 -335.8%
2013 $-2,335,300,000 -168.7%
2012 $3.40B +63.3%
2011 $2.08B +49.1%
2010 $1.40B -12.6%
2009 $1.60B -13.9%
2008 $1.86B +91.0%
2007 $971.80M +153.7%
2006 $383.00M -25.7%
2005 $515.30M โ€”

Exports (% of GDP)

Year Value Change
2024 37.51% -5.4%
2023 39.63% -11.0%
2022 44.53% +19.3%
2021 37.32% +34.5%
2020 27.75% -27.1%
2019 38.05% -6.7%
2018 40.80% +20.3%
2017 33.92% +20.7%
2016 28.11% -18.6%
2015 34.51% -11.4%
2014 38.94% -1.8%
2013 39.66% -10.9%
2012 44.51% +0.2%
2011 44.42% +12.7%
2010 39.42% +0.0%
2009 39.40% -21.7%
2008 50.33% +9.6%
2007 45.90% -10.1%
2006 51.03% -6.1%
2005 54.35% โ€”
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About Iraq Economy Data

This page presents comprehensive economy statistics for Iraq (Republic of Iraq), located in Asia, Western Asia. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.

The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.

For global comparisons, visit our Economy Rankings page to see how Iraq compares to other countries.