Iraq - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (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: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts