Iraq - GDP

GDP (current US$)

The latest value for GDP (current US$) in Iraq was $166,757,000,000 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between $235,097,000,000 in 2019 and $407,796,400 in 1991.

Definition: GDP at purchaser's prices 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. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 $1,954,635,000
1963 $1,978,438,000
1964 $2,340,521,000
1968 $2,896,948,000
1969 $3,008,121,000
1970 $3,281,714,000
1971 $3,865,347,000
1972 $4,113,848,000
1973 $5,134,368,000
1974 $11,516,760,000
1975 $13,458,520,000
1976 $17,754,820,000
1977 $19,838,130,000
1978 $23,762,280,000
1979 $37,816,460,000
1980 $52,569,000,000
1981 $37,823,000,000
1982 $42,382,330,000
1983 $40,712,900,000
1984 $46,938,390,000
1985 $48,425,160,000
1986 $47,264,520,000
1987 $56,774,190,000
1988 $62,684,520,000
1989 $65,831,940,000
1990 $180,408,000,000
1991 $407,796,400
1992 $553,671,900
1993 $1,031,945,000
1994 $3,991,349,000
1995 $12,894,030,000
1996 $10,433,700,000
1997 $20,764,860,000
1998 $20,617,400,000
1999 $36,881,600,000
2000 $48,364,250,000
2001 $36,176,430,000
2002 $32,928,450,000
2003 $21,921,570,000
2004 $36,627,900,000
2005 $49,954,890,000
2006 $65,140,150,000
2007 $88,837,050,000
2008 $131,614,000,000
2009 $111,658,000,000
2010 $138,517,000,000
2011 $185,750,000,000
2012 $218,002,000,000
2013 $234,638,000,000
2014 $228,416,000,000
2015 $166,774,000,000
2016 $166,602,000,000
2017 $187,218,000,000
2018 $227,367,000,000
2019 $235,097,000,000
2020 $166,757,000,000

GDP (current LCU)

The value for GDP (current LCU) in Iraq was 198,774,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 277,885,000,000,000 in 2019 and a minimum value of 601,399,800 in 1960.

Definition: GDP at purchaser's prices 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. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 601,399,800
1961 654,100,200
1962 698,000,100
1963 706,500,100
1964 835,800,100
1968 1,034,500,000
1969 1,074,200,000
1970 1,171,900,000
1971 1,366,400,000
1972 1,369,500,000
1973 1,555,200,000
1974 3,400,900,000
1975 3,974,300,000
1976 5,243,000,000
1977 5,858,200,000
1978 7,017,000,000
1979 11,167,200,000
1980 15,770,700,000
1981 11,346,900,000
1982 12,714,700,000
1983 12,621,000,000
1984 14,550,900,000
1985 15,011,800,000
1986 14,652,000,000
1987 17,600,000,000
1988 19,432,200,000
1989 20,407,900,000
1990 55,926,500,000
1991 42,451,600,000
1992 115,108,000,000
1993 321,647,000,000
1994 1,658,330,000,000
1995 6,695,480,000,000
1996 6,500,920,000,000
1997 15,093,100,000,000
1998 17,125,800,000,000
1999 34,464,000,000,000
2000 50,213,700,000,000
2001 41,314,600,000,000
2002 41,022,900,000,000
2003 29,585,800,000,000
2004 53,235,400,000,000
2005 73,533,600,000,000
2006 95,588,000,000,000
2007 111,456,000,000,000
2008 157,026,000,000,000
2009 130,643,000,000,000
2010 162,065,000,000,000
2011 217,327,000,000,000
2012 254,225,000,000,000
2013 273,588,000,000,000
2014 266,333,000,000,000
2015 194,681,000,000,000
2016 196,924,000,000,000
2017 221,666,000,000,000
2018 268,919,000,000,000
2019 277,885,000,000,000
2020 198,774,000,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Iraq was 198,774,000,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 277,885,000,000,000 in 2019 and 42,451,600,000 in 1991.

Definition: GDP at purchaser's prices 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 55,926,500,000
1991 42,451,600,000
1992 115,108,000,000
1993 321,647,000,000
1994 1,658,330,000,000
1995 6,695,480,000,000
1996 6,500,920,000,000
1997 15,093,100,000,000
1998 17,125,800,000,000
1999 34,464,000,000,000
2000 50,213,700,000,000
2001 41,314,600,000,000
2002 41,022,900,000,000
2003 29,585,800,000,000
2004 53,235,400,000,000
2005 73,533,600,000,000
2006 95,588,000,000,000
2007 111,456,000,000,000
2008 157,026,000,000,000
2009 130,643,000,000,000
2010 162,065,000,000,000
2011 217,327,000,000,000
2012 254,225,000,000,000
2013 273,588,000,000,000
2014 266,333,000,000,000
2015 194,681,000,000,000
2016 196,924,000,000,000
2017 221,666,000,000,000
2018 268,919,000,000,000
2019 277,885,000,000,000
2020 198,774,000,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Iraq was 170,858,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between 202,614,000,000 in 2019 and 11,719,960,000 in 1968.

Definition: GDP at purchaser's prices 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. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 11,719,960,000
1969 12,100,180,000
1970 12,650,050,000
1971 13,329,940,000
1972 13,827,850,000
1973 14,438,870,000
1974 16,765,460,000
1975 18,859,580,000
1976 22,098,730,000
1977 22,518,590,000
1978 26,359,580,000
1979 31,860,630,000
1980 39,747,320,000
1981 39,457,670,000
1982 40,812,640,000
1983 35,477,080,000
1984 34,950,160,000
1985 35,458,300,000
1986 37,106,250,000
1987 40,559,100,000
1988 40,551,370,000
1989 39,286,760,000
1990 62,001,520,000
1991 22,291,340,000
1992 29,556,580,000
1993 38,509,220,000
1994 39,993,570,000
1995 40,841,440,000
1996 45,342,490,000
1997 54,972,300,000
1998 74,134,040,000
1999 87,168,480,000
2000 101,919,000,000
2001 103,714,000,000
2002 95,211,150,000
2003 60,308,500,000
2004 92,502,270,000
2005 94,048,800,000
2006 99,359,080,000
2007 101,233,000,000
2008 109,562,000,000
2009 113,265,000,000
2010 120,516,000,000
2011 129,611,000,000
2012 147,674,000,000
2013 158,940,000,000
2014 159,253,000,000
2015 166,774,000,000
2016 189,768,000,000
2017 186,315,000,000
2018 191,222,000,000
2019 202,614,000,000
2020 170,858,000,000

GDP (constant LCU)

The value for GDP (constant LCU) in Iraq was 188,112,000,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 223,075,000,000,000 in 2019 and a minimum value of 12,903,500,000,000 in 1968.

Definition: 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. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 12,903,500,000,000
1969 13,322,100,000,000
1970 13,927,600,000,000
1971 14,676,100,000,000
1972 15,224,300,000,000
1973 15,897,000,000,000
1974 18,458,600,000,000
1975 20,764,200,000,000
1976 24,330,400,000,000
1977 24,792,700,000,000
1978 29,021,600,000,000
1979 35,078,200,000,000
1980 43,761,300,000,000
1981 43,442,400,000,000
1982 44,934,200,000,000
1983 39,059,800,000,000
1984 38,479,700,000,000
1985 39,039,200,000,000
1986 40,853,500,000,000
1987 44,655,100,000,000
1988 44,646,600,000,000
1989 43,254,200,000,000
1990 68,262,900,000,000
1991 24,542,500,000,000
1992 32,541,400,000,000
1993 42,398,200,000,000
1994 44,032,400,000,000
1995 44,965,900,000,000
1996 49,921,500,000,000
1997 60,523,800,000,000
1998 81,620,700,000,000
1999 95,971,400,000,000
2000 112,211,000,000,000
2001 114,188,000,000,000
2002 104,826,000,000,000
2003 66,398,900,000,000
2004 101,844,000,000,000
2005 103,547,000,000,000
2006 109,393,000,000,000
2007 111,456,000,000,000
2008 120,627,000,000,000
2009 124,703,000,000,000
2010 132,687,000,000,000
2011 142,700,000,000,000
2012 162,588,000,000,000
2013 174,991,000,000,000
2014 175,335,000,000,000
2015 183,616,000,000,000
2016 208,932,000,000,000
2017 205,130,000,000,000
2018 210,533,000,000,000
2019 223,075,000,000,000
2020 188,112,000,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Iraq was 382,384,000,000 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between 515,106,000,000 in 2013 and 47,883,470,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1991 47,883,470,000
1992 64,936,630,000
1993 86,611,270,000
1994 91,870,540,000
1995 95,785,490,000
1996 108,289,000,000
1997 133,635,000,000
1998 182,244,000,000
1999 217,381,000,000
2000 259,847,000,000
2001 270,224,000,000
2002 251,994,000,000
2003 162,582,000,000
2004 256,085,000,000
2005 268,476,000,000
2006 292,219,000,000
2007 305,727,000,000
2008 337,318,000,000
2009 351,376,000,000
2010 378,229,000,000
2011 415,269,000,000
2012 483,559,000,000
2013 515,106,000,000
2014 477,916,000,000
2015 347,324,000,000
2016 345,187,000,000
2017 395,295,000,000
2018 415,447,000,000
2019 448,055,000,000
2020 382,384,000,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Iraq was 362,501,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 429,875,000,000 in 2019 and 47,294,450,000 in 1991.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 131,546,000,000
1991 47,294,450,000
1992 62,708,760,000
1993 81,703,130,000
1994 84,852,410,000
1995 86,651,300,000
1996 96,200,950,000
1997 116,632,000,000
1998 157,287,000,000
1999 184,941,000,000
2000 216,236,000,000
2001 220,045,000,000
2002 202,005,000,000
2003 127,954,000,000
2004 196,258,000,000
2005 199,539,000,000
2006 210,805,000,000
2007 214,780,000,000
2008 232,453,000,000
2009 240,308,000,000
2010 255,694,000,000
2011 274,990,000,000
2012 313,313,000,000
2013 337,215,000,000
2014 337,879,000,000
2015 353,837,000,000
2016 402,621,000,000
2017 395,295,000,000
2018 405,706,000,000
2019 429,875,000,000
2020 362,501,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts