Iraq GDP Growth Rate 1961-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Iraq gdp growth rate for 2023 was -2.94%, a 10.58% decline from 2022.
  • Iraq gdp growth rate for 2022 was 7.64%, a 6.14% increase from 2021.
  • Iraq gdp growth rate for 2021 was 1.50%, a 13.54% increase from 2020.
  • Iraq gdp growth rate for 2020 was -12.04%, a 17.55% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Guyana 33.02%
Armenia 8.70%
Fiji 8.03%
Samoa 7.99%
Mauritius 6.95%
Turkmenistan 6.30%
St. Vincent and the Grenadines 6.02%
Montenegro 5.98%
China 5.20%
Costa Rica 5.11%
Kazakhstan 5.10%
Iran 4.95%
Grenada 4.81%
Paraguay 4.71%
Dominica 4.71%
Belize 4.54%
Turkey 4.52%
Namibia 4.16%
Algeria 4.10%
Maldives 3.97%
Belarus 3.89%
Tuvalu 3.85%
Malaysia 3.68%
Russia 3.60%
Guatemala 3.48%
Albania 3.44%
Mexico 3.23%
Marshall Islands 3.23%
St. Lucia 3.19%
Brazil 2.91%
Botswana 2.73%
Jordan 2.62%
Serbia 2.53%
Dominican Republic 2.36%
Ecuador 2.36%
Gabon 2.26%
Jamaica 2.20%
Romania 2.15%
Suriname 2.08%
Thailand 1.88%
Bulgaria 1.85%
Bosnia 1.68%
Azerbaijan 1.12%
North Macedonia 1.03%
Nauru 0.70%
Colombia 0.61%
South Africa 0.60%
Peru -0.55%
Libya -1.67%
Iraq -2.94%
Equatorial Guinea -5.69%
Iraq GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2023 -2.94% -10.58%
2022 7.64% 6.14%
2021 1.50% 13.54%
2020 -12.04% -17.55%
2019 5.51% 2.88%
2018 2.63% 4.45%
2017 -1.82% -15.61%
2016 13.79% 9.06%
2015 4.72% 4.53%
2014 0.20% -7.43%
2013 7.63% -6.31%
2012 13.94% 6.39%
2011 7.55% 1.14%
2010 6.40% 3.02%
2009 3.38% -4.85%
2008 8.23% 6.34%
2007 1.89% -3.76%
2006 5.65% 3.97%
2005 1.67% -51.71%
2004 53.38% 90.04%
2003 -36.66% -28.46%
2002 -8.20% -9.96%
2001 1.76% -15.16%
2000 16.92% -0.66%
1999 17.58% -17.27%
1998 34.86% 13.62%
1997 21.24% 10.22%
1996 11.02% 8.90%
1995 2.12% -1.73%
1994 3.85% -26.44%
1993 30.29% -2.30%
1992 32.59% 96.64%
1991 -64.05% -121.86%
1990 57.82% 60.94%
1989 -3.12% -3.10%
1988 -0.02% -9.32%
1987 9.31% 4.66%
1986 4.65% 3.19%
1985 1.45% 2.94%
1984 -1.49% 11.59%
1983 -13.07% -16.51%
1982 3.43% 4.16%
1981 -0.73% -25.48%
1980 24.75% 3.88%
1979 20.87% 3.81%
1978 17.06% 15.16%
1977 1.90% -15.28%
1976 17.18% 4.68%
1975 12.49% -3.62%
1974 16.11% 11.69%
1973 4.42% 0.68%
1972 3.74% -1.64%
1971 5.37% 0.83%
1970 4.54% 1.30%
1969 3.24% -16.27%
1968 19.51% 28.37%
1967 -8.86% -13.82%
1966 4.96% -5.80%
1965 10.76% -4.06%
1964 14.83% 12.38%
1963 2.45% -2.16%
1962 4.60% -2.72%
1961 7.33% -2.72%