GDP in USD PPP terms reached 675 USD bil in 2018 in Iraq, according to the National Statistical Office. This is 4.08 % more than in the previous year.
Historically, GDP in USD PPP terms in Iraq reached an all time high of 675 USD bil in 2018 and an all time low of 48.3 USD bil in 1991. When compared to Iraq's main peers, GDP in USD PPP terms in Iran amounted to 1,653 USD bil, 303 USD bil in Kuwait and 1,857 USD bil in Saudi Arabia in 2018.
Iraq has been ranked 37th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 9 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.