Final consumption expenditure in Iraq
Iraq: Final consumption expenditure was 176.68 billion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Iraq, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Iraq recorded 176.68 billion constant 2015 US$ for final consumption expenditure in 2024. That is the highest value across all 18 years on record.
That represents a change of up 15.3% on the previous year and up 29.6% over ten years.
Over the whole period, final consumption expenditure in Iraq peaked at 176.68 billion constant 2015 US$ in 2024 and was at its lowest, 79.39 billion constant 2015 US$, in 2007.
Iraq ranks 50th of 171 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.67 billion constant 2015 US$ | 79.39 billion constant 2015 US$ | 97.53 billion constant 2015 US$ | 3 |
| 2010s | 127.15 billion constant 2015 US$ | 102.16 billion constant 2015 US$ | 146.16 billion constant 2015 US$ | 10 |
| 2020s | 150.14 billion constant 2015 US$ | 136.30 billion constant 2015 US$ | 176.68 billion constant 2015 US$ | 5 |
Countries ranked near Iraq
- 47 Ireland 197.38 billion constant 2015 US$ compare
- 48 Peru 193.52 billion constant 2015 US$ compare
- 49 New Zealand 177.97 billion constant 2015 US$ compare
- 51 Kazakhstan 167.73 billion constant 2015 US$ compare
- 52 Czechia 151.59 billion constant 2015 US$ compare
- 53 Uzbekistan 150.21 billion constant 2015 US$ compare
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 final consumption expenditure in Iraq?
- Final consumption expenditure in Iraq was 176.68 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Iraq?
- The highest recorded value was 176.68 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Iraq?
- The lowest recorded value was 79.39 billion constant 2015 US$ in 2007.
- How does Iraq rank for final consumption expenditure?
- Iraq ranks 50th out of 171 countries with data for 2024.
- Is final consumption expenditure rising or falling in Iraq?
- Over the last ten years it is up 29.6%. The long-run trend across the full record is rising.
- 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 Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. 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 is 2015. This indicator is expressed in United States dollars.