GDP (current LCU) (UNESCO Institute) in Iraq

Iraq: GDP (current LCU) (UNESCO Institute) was 363.53 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
363.53 trillion current LCU
Change on year
up 2.8%
World rank
10th
of 211 countries
All-time high
416.69 trillion current LCU
in 2022
All-time low
1.17 billion current LCU
in 1970
Years of data
55
1970–2024

GDP in Iraq, 1970–2024

0100.0T200.0T300.0T400.0T197019972024

Source: UNESCO Institute for Statistics. Measured in current LCU.

Analysis

The most recent figure for gdp in Iraq is 363.53 trillion current LCU, measured in 2024.

That represents a change of up 2.8% on the previous year and up 36.5% over ten years.

Over the whole period, gdp in Iraq peaked at 416.69 trillion current LCU in 2022 and was at its lowest, 1.17 billion current LCU, in 1970.

That places Iraq 10th out of 211 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU) (UNESCO Institute) in Iraq, year by year

Annual values for GDP (current LCU) in Iraq, 1970 to 2024.
Year current LCU Change
1970 1.17 billion current LCU —
1971 1.37 billion current LCU +16.6%
1972 1.37 billion current LCU +0.2%
1973 1.56 billion current LCU +13.6%
1974 3.40 billion current LCU +118.7%
1975 3.97 billion current LCU +16.9%
1976 5.24 billion current LCU +31.9%
1977 5.86 billion current LCU +11.7%
1978 7.02 billion current LCU +19.8%
1979 11.17 billion current LCU +59.1%
1980 15.77 billion current LCU +41.2%
1981 11.35 billion current LCU -28.1%
1982 12.71 billion current LCU +12.1%
1983 12.62 billion current LCU -0.7%
1984 14.55 billion current LCU +15.3%
1985 15.01 billion current LCU +3.2%
1986 14.65 billion current LCU -2.4%
1987 17.60 billion current LCU +20.1%
1988 19.43 billion current LCU +10.4%
1989 20.41 billion current LCU +5.0%
1990 55.93 billion current LCU +174.0%
1991 42.45 billion current LCU -24.1%
1992 115.11 billion current LCU +171.2%
1993 321.65 billion current LCU +179.4%
1994 1.66 trillion current LCU +415.6%
1995 6.70 trillion current LCU +303.7%
1996 6.50 trillion current LCU -2.9%
1997 15.09 trillion current LCU +132.2%
1998 17.13 trillion current LCU +13.5%
1999 34.46 trillion current LCU +101.2%
2000 50.21 trillion current LCU +45.7%
2001 41.31 trillion current LCU -17.7%
2002 41.02 trillion current LCU -0.7%
2003 29.59 trillion current LCU -27.9%
2004 53.24 trillion current LCU +79.9%
2005 73.53 trillion current LCU +38.1%
2006 95.59 trillion current LCU +30.0%
2007 111.46 trillion current LCU +16.6%
2008 157.03 trillion current LCU +40.9%
2009 130.64 trillion current LCU -16.8%
2010 162.06 trillion current LCU +24.1%
2011 217.33 trillion current LCU +34.1%
2012 254.22 trillion current LCU +17.0%
2013 273.59 trillion current LCU +7.6%
2014 266.33 trillion current LCU -2.7%
2015 194.68 trillion current LCU -26.9%
2016 196.92 trillion current LCU +1.2%
2017 221.67 trillion current LCU +12.6%
2018 268.92 trillion current LCU +21.3%
2019 276.16 trillion current LCU +2.7%
2020 215.66 trillion current LCU -21.9%
2021 304.05 trillion current LCU +41.0%
2022 416.69 trillion current LCU +37.0%
2023 353.78 trillion current LCU -15.1%
2024 363.53 trillion current LCU +2.8%

Iraq compared with similar countries

  • Iraq's 363.53 trillion current LCU is above the median for upper middle income countries, which is 913.58 billion current LCU, 397.9× the median. (58 countries reporting)
  • Iraq's 363.53 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.54 trillion current LCU, 236.8× the median. (23 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU) (UNESCO Institute) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1994 +415.6% 321.65 billion current LCU 1.66 trillion current LCU
1995 +303.7% 1.66 trillion current LCU 6.70 trillion current LCU
1993 +179.4% 115.11 billion current LCU 321.65 billion current LCU

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.21 billion current LCU 1.17 billion current LCU 11.17 billion current LCU 10
1980s 15.41 billion current LCU 11.35 billion current LCU 20.41 billion current LCU 10
1990s 8.21 trillion current LCU 42.45 billion current LCU 34.46 trillion current LCU 10
2000s 78.36 trillion current LCU 29.59 trillion current LCU 157.03 trillion current LCU 10
2010s 233.19 trillion current LCU 162.06 trillion current LCU 276.16 trillion current LCU 10
2020s 330.74 trillion current LCU 215.66 trillion current LCU 416.69 trillion current LCU 5

Countries ranked near Iraq

  1. 7 Uzbekistan 1,454.57 trillion current LCU compare
  2. 8 Japan 609.43 trillion current LCU compare
  3. 9 Argentina 579.25 trillion current LCU compare
  4. 11 Somalia 340.46 trillion current LCU compare
  5. 12 Paraguay 336.11 trillion current LCU compare
  6. 13 Laos 332.82 trillion current LCU compare

See the full ranking of 211 places →

More population data for Iraq

All data for Iraq →

Frequently asked questions

What is gdp in Iraq?
Gdp in Iraq was 363.53 trillion current LCU in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp recorded in Iraq?
The highest recorded value was 416.69 trillion current LCU in 2022.
What is the lowest gdp recorded in Iraq?
The lowest recorded value was 1.17 billion current LCU in 1970.
How does Iraq rank for gdp?
Iraq ranks 10th out of 211 countries with data for 2024.
Is gdp rising or falling in Iraq?
Over the last ten years it is up 36.5%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.

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GDP in Iraq. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/gdp-current-lcu-2/iraq/

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About this data

Indicator
GDP (current LCU)
Unit
current LCU
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
211 places, 10,385 data points, 1970–2024
Last refreshed

February 2026 Data Release