Iraq vs New Zealand: GDP
GDP over time
- Iraq
- New Zealand
How they compare
New Zealand currently reports 220.10 billion constant 2015 US$ against 188.32 billion constant 2015 US$ in Iraq, a difference of 31.78 billion constant 2015 US$.
That makes New Zealand's figure about 1.2 times Iraq's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was New Zealand ahead.
Globally, Iraq ranks 54th and New Zealand ranks 53rd of 211 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.