General government final consumption expenditure in Iraq

Iraq: General government final consumption expenditure was 45.94 trillion constant LCU in 2024. ▲ Rising

Latest (2024)
45.94 trillion constant LCU
Change on year
up 19.0%
World rank
7th
of 175 countries
All-time high
45.94 trillion constant LCU
in 2024
All-time low
20.87 trillion constant LCU
in 2007
Years of data
18
2007–2024

General government final consumption expenditure in Iraq, 2007–2024

010.0T20.0T30.0T40.0T50.0T2007201520242007: 20.9T constant LCU2008: 23.2T constant LCU2009: 22.5T constant LCU2010: 24.5T constant LCU2011: 32.4T constant LCU2012: 30.1T constant LCU2013: 33.5T constant LCU2014: 32.9T constant LCU2015: 25.0T constant LCU2016: 24.8T constant LCU2017: 24.7T constant LCU2018: 29.1T constant LCU2019: 36.4T constant LCU2020: 33.0T constant LCU2021: 34.5T constant LCU2022: 35.0T constant LCU2023: 38.6T constant LCU2024: 45.9T constant LCU

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

Analysis

The most recent figure for general government final consumption expenditure in Iraq is 45.94 trillion constant LCU, measured in 2024. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 19.0% on the previous year and up 39.8% over ten years.

Over the whole period, general government final consumption expenditure in Iraq peaked at 45.94 trillion constant LCU in 2024 and was at its lowest, 20.87 trillion constant LCU, in 2007.

Iraq ranks 7th of 175 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.21 trillion constant LCU 20.87 trillion constant LCU 23.21 trillion constant LCU 3
2010s 29.35 trillion constant LCU 24.53 trillion constant LCU 36.45 trillion constant LCU 10
2020s 37.41 trillion constant LCU 32.98 trillion constant LCU 45.94 trillion constant LCU 5

Countries ranked near Iraq

  1. 4 South Korea 411.92 trillion constant LCU compare
  2. 5 Colombia 171.23 trillion constant LCU compare
  3. 6 Japan 120.92 trillion constant LCU compare
  4. 8 Chile 35.92 trillion constant LCU compare
  5. 9 India 32.99 trillion constant LCU compare
  6. 10 Paraguay 26.82 trillion constant LCU compare

See the full ranking of 175 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is general government final consumption expenditure in Iraq?
General government final consumption expenditure in Iraq was 45.94 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Iraq?
The highest recorded value was 45.94 trillion constant LCU in 2024.
What is the lowest general government final consumption expenditure recorded in Iraq?
The lowest recorded value was 20.87 trillion constant LCU in 2007.
How does Iraq rank for general government final consumption expenditure?
Iraq ranks 7th out of 175 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Iraq?
Over the last ten years it is up 39.8%. 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 General government final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (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
175 places, 7,363 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.