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GDP Growth in Iraq

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Iraq's GDP growth amounted to 4.43 % in 2019 according to the the National Statistical Office. This is 4.536 % more than in the previous year (-0.106 %).

Historically, GDP growth in Iraq reached an all time high of 81.8 % in 2003 and an all time low of -64.0 % in 1991. When compared to Iraq's main peers, GDP growth in Iran amounted to -6.51 %, 0.426 % in Kuwait and 0.331 % in Saudi Arabia in 2019.

Iraq has been ranked 49th within the group of 174 countries we follow in terms of GDP growth, 2 places behind the position seen 10 years ago.

Annual percentage growth rate of the whole economy at market prices based on a constant local currency.


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