Iraq vs Russia: Gross capital formation

Iraq

69.57 trillion current LCU

in 2024

Russia

55.48 trillion current LCU

in 2025

Iraq rank

16th

Russia rank

18th

Gross capital formation over time

Iraq
Russia

How they compare

Iraq currently reports 69.57 trillion current LCU against 55.48 trillion current LCU in Russia, a difference of 14.09 trillion current LCU.

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

The two have swapped places 4 times across 37 shared years of data; in 1988 it was Iraq ahead.

Globally, Iraq ranks 16th and Russia ranks 18th 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.