Iraq vs Paraguay: GDP
GDP over time
- Iraq
- Paraguay
How they compare
Paraguay currently reports 371.83 trillion current LCU against 330.68 trillion current LCU in Iraq, a difference of 41.15 trillion current LCU.
That makes Paraguay's figure about 1.1 times Iraq's.
The two have swapped places 8 times across 66 shared years of data; in 1960 it was Paraguay ahead.
Globally, Iraq ranks 16th and Paraguay ranks 13th of 213 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.