Iraq - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Iraq was 2.88 as of 2010. As the graph below shows, over the past 49 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

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Iraq was 29.44 as of 2011. As the graph below shows, over the past 13 years this indicator reached a maximum value of 67.17 in 1999 and a minimum value of -30.14 in 2009.

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
1998 -15.44
1999 67.17
2000 47.38
2001 -21.63
2002 10.23
2003 13.18
2004 3.60
2005 24.02
2006 35.12
2007 6.49
2008 31.86
2009 -30.14
2010 25.22
2011 29.44

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices