Iraq vs Russia: Gross fixed capital formation

Iraq

52.19 trillion current LCU

in 2024

Russia

49.47 trillion current LCU

in 2025

Iraq rank

18th

Russia rank

20th

Gross fixed capital formation over time

Iraq
Russia

How they compare

Iraq currently reports 52.19 trillion current LCU against 49.47 trillion current LCU in Russia, a difference of 2.72 trillion current LCU.

That makes Iraq's figure about 1.1 times Russia's.

The two have swapped places 6 times across 36 shared years of data; in 1989 it was Iraq ahead.

Globally, Iraq ranks 18th and Russia ranks 20th of 180 countries.

Individual pages

About this data

Indicator: Gross fixed 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: 180 places, 8,131 data points, 1960–2025
Last refreshed: 06 August 2026

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.