Changes in inventories in Iraq
Iraq: Changes in inventories was 17.38 trillion current LCU in 2024. ◆ Volatile
Changes in inventories in Iraq, 1970–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Iraq recorded 17.38 trillion current LCU for changes in inventories in 2024.
That represents a change of down 37.2% on the previous year and up 337.3% over ten years.
Over the whole period, changes in inventories in Iraq peaked at 60.95 trillion current LCU in 2022 and was at its lowest, -11.01 trillion current LCU, in 2015.
Iraq ranks 5th of 185 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 84.24 million current LCU | -537.40 million current LCU | 564.30 million current LCU | 10 |
| 1980s | -1.10 billion current LCU | -7.07 billion current LCU | 1.31 billion current LCU | 10 |
| 1990s | 2.19 trillion current LCU | -7.55 billion current LCU | 12.48 trillion current LCU | 10 |
| 2000s | 5.21 trillion current LCU | 0 current LCU | 15.41 trillion current LCU | 10 |
| 2010s | 789.92 billion current LCU | -11.01 trillion current LCU | 9.18 trillion current LCU | 10 |
| 2020s | 34.36 trillion current LCU | 17.38 trillion current LCU | 60.95 trillion current LCU | 5 |
Countries ranked near Iraq
More economy & growth data for Iraq
- DEC alternative conversion factor 1,300 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 464.62 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 357.40 million current US$ (2024)
- Net primary income (Net income from abroad) 1.73 trillion current LCU (2024)
- Net primary income (Net income from abroad) 1.33 billion current US$ (2024)
- GNI per capita 7.04 million current LCU (2025)
- GNI per capita, Atlas method 5,690 current US$ (2025)
- GNI 331.24 trillion current LCU (2025)
- GNI 254.80 billion current US$ (2025)
- GNI, Atlas method 267.45 billion current US$ (2025)
Frequently asked questions
- What is changes in inventories in Iraq?
- Changes in inventories in Iraq was 17.38 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Iraq?
- The highest recorded value was 60.95 trillion current LCU in 2022.
- What is the lowest changes in inventories recorded in Iraq?
- The lowest recorded value was -11.01 trillion current LCU in 2015.
- How does Iraq rank for changes in inventories?
- Iraq ranks 5th out of 185 countries with data for 2024.
- Is changes in inventories rising or falling in Iraq?
- Over the last ten years it is up 337.3%. 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 Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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About this data
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.