China vs Iraq: Gross capital formation

China

54.57 trillion current LCU

in 2024

Iraq

69.57 trillion current LCU

in 2024

China rank

19th

Iraq rank

16th

Gross capital formation over time

China
Iraq

How they compare

Iraq currently reports 69.57 trillion current LCU against 54.57 trillion current LCU in China, a difference of 14.99 trillion current LCU.

That makes Iraq's figure about 1.3 times China's.

The two have swapped places 9 times across 55 shared years of data; in 1970 it was China ahead.

Globally, China ranks 19th and Iraq ranks 16th of 186 countries.

Individual pages

About this data

Indicator: Gross capital formation (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 186 places, 8,699 data points, 1960–2025
Last refreshed: 06 August 2026

Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.