Changes in inventories in Iraq

Iraq: Changes in inventories was 7.59 trillion constant LCU in 2024. ◆ Volatile

Latest (2024)
7.59 trillion constant LCU
Change on year
down 41.3%
World rank
6th
of 117 countries
All-time high
29.18 trillion constant LCU
in 2022
All-time low
-6.38 trillion constant LCU
in 2015
Years of data
18
2007–2024

Changes in inventories in Iraq, 2007–2024

-10.0T010.0T20.0T30.0T2007201520242007: 2.9T constant LCU2008: 468.2B constant LCU2009: 981.9B constant LCU2010: -386.9B constant LCU2011: -558.7B constant LCU2012: -2.4T constant LCU2013: 247.3B constant LCU2014: -4.2T constant LCU2015: -6.4T constant LCU2016: 3.7T constant LCU2017: 4.1T constant LCU2018: 5.1T constant LCU2019: 4.5T constant LCU2020: 16.3T constant LCU2021: 17.4T constant LCU2022: 29.2T constant LCU2023: 12.9T constant LCU2024: 7.6T constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for changes in inventories in Iraq is 7.59 trillion constant LCU, measured in 2024.

That represents a change of down 41.3% on the previous year and up 282.1% over ten years.

Over the whole period, changes in inventories in Iraq peaked at 29.18 trillion constant LCU in 2022 and was at its lowest, -6.38 trillion constant LCU, in 2015.

Iraq ranks 6th of 117 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.44 trillion constant LCU 468.19 billion constant LCU 2.88 trillion constant LCU 3
2010s 376.29 billion constant LCU -6.38 trillion constant LCU 5.10 trillion constant LCU 10
2020s 16.69 trillion constant LCU 7.59 trillion constant LCU 29.18 trillion constant LCU 5

Countries ranked near Iraq

  1. 3 Vietnam 120.98 trillion constant LCU compare
  2. 4 Paraguay 14.45 trillion constant LCU compare
  3. 5 South Korea 7.67 trillion constant LCU compare
  4. 7 India 4.22 trillion constant LCU compare
  5. 8 Madagascar 2.24 trillion constant LCU compare
  6. 9 Russia 1.82 trillion constant LCU compare

See the full ranking of 117 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is changes in inventories in Iraq?
Changes in inventories in Iraq was 7.59 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest changes in inventories recorded in Iraq?
The highest recorded value was 29.18 trillion constant LCU in 2022.
What is the lowest changes in inventories recorded in Iraq?
The lowest recorded value was -6.38 trillion constant LCU in 2015.
How does Iraq rank for changes in inventories?
Iraq ranks 6th out of 117 countries with data for 2024.
Is changes in inventories rising or falling in Iraq?
Over the last ten years it is up 282.1%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Changes in inventories (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
117 places, 4,031 data points, 1960–2025
Last refreshed

Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.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 varies by country. This series is expressed in local currency units.