Iraq - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Iraq was 1.88 as of 2013. As the graph below shows, over the past 52 years this indicator reached a maximum value of 448.50 in 1994 and a minimum value of -16.12 in 1996.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 0.92
1962 1.29
1963 3.95
1964 -0.09
1965 -0.46
1966 1.98
1967 3.29
1968 2.20
1969 5.74
1970 4.36
1971 3.60
1972 5.19
1973 4.89
1974 7.70
1975 9.52
1976 12.82
1977 9.17
1978 4.61
1991 180.95
1992 83.62
1993 207.69
1994 448.50
1995 387.31
1996 -16.12
1997 23.06
1998 14.77
1999 12.58
2000 4.98
2001 16.37
2002 19.32
2003 33.62
2004 26.96
2005 36.96
2006 53.23
2007 -10.07
2008 12.66
2009 6.87
2010 2.88
2011 5.80
2012 6.09
2013 1.88

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Iraq was 1.86 as of 2013. As the graph below shows, over the past 44 years this indicator reached a maximum value of 396.44 in 1994 and a minimum value of -27.52 in 1981.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

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

See also:

Year Value
1969 0.57
1970 4.35
1971 10.65
1972 -3.38
1973 8.75
1974 88.33
1975 3.88
1976 12.59
1977 9.65
1978 2.33
1979 31.67
1980 13.20
1981 -27.52
1982 8.33
1983 14.19
1984 17.03
1985 1.69
1986 -6.73
1987 9.89
1988 10.43
1989 8.40
1990 73.65
1991 111.13
1992 104.50
1993 114.47
1994 396.44
1995 295.37
1996 -12.54
1997 91.50
1998 -15.86
1999 71.15
2000 43.68
2001 -19.58
2002 6.65
2003 7.80
2004 16.72
2005 32.31
2006 18.01
2007 15.02
2008 32.15
2009 -21.37
2010 17.54
2011 21.67
2012 5.10
2013 1.86

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices