Iraq - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Iraq was 2.84 as of 2019. Its highest value over the past 39 years was 51.41 in 1982, while its lowest value was 0.73 in 1996.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

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

See also:

Year Value
1980 24.14
1981 50.31
1982 51.41
1983 43.68
1984 30.47
1985 28.65
1986 26.34
1987 20.78
1988 22.63
1989 30.90
1990 11.12
1991 4.91
1992 4.98
1993 7.46
1994 2.82
1995 1.73
1996 0.73
1997 1.68
1998 2.41
1999 2.19
2000 2.92
2001 6.13
2002 5.36
2003 10.65
2004 5.37
2005 13.85
2006 17.69
2007 6.76
2008 14.80
2009 10.31
2010 16.20
2011 17.14
2012 15.00
2013 20.12
2014 20.97
2015 26.02
2016 14.58
2017 14.59
2018 3.50
2019 2.84

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts