General government final consumption expenditure in Iraq

Iraq: General government final consumption expenditure was 80.64 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
80.64 trillion current LCU
Change on year
up 22.1%
World rank
10th
of 186 countries
All-time high
80.64 trillion current LCU
in 2024
All-time low
275.70 million current LCU
in 1970
Years of data
55
1970–2024

General government final consumption expenditure in Iraq, 1970–2024

020.0T40.0T60.0T80.0T197019972024

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

Analysis

Iraq recorded 80.64 trillion current LCU for general government final consumption expenditure in 2024. That is the highest value across all 55 years on record.

That represents a change of up 22.1% on the previous year and up 68.2% over ten years.

Over the whole period, general government final consumption expenditure in Iraq peaked at 80.64 trillion current LCU in 2024 and was at its lowest, 275.70 million current LCU, in 1970.

Iraq ranks 10th of 186 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
1970s 825.86 million current LCU 275.70 million current LCU 1.65 billion current LCU 10
1980s 4.84 billion current LCU 2.45 billion current LCU 6.26 billion current LCU 10
1990s 858.26 billion current LCU 6.14 billion current LCU 3.88 trillion current LCU 10
2000s 14.18 trillion current LCU 3.63 trillion current LCU 27.52 trillion current LCU 10
2010s 41.60 trillion current LCU 30.66 trillion current LCU 53.34 trillion current LCU 10
2020s 61.30 trillion current LCU 48.54 trillion current LCU 80.64 trillion current LCU 5

Countries ranked near Iraq

  1. 7 Japan 127.76 trillion current LCU compare
  2. 8 Argentina 126.53 trillion current LCU compare
  3. 9 Lebanon 113.93 trillion current LCU compare
  4. 11 Chile 51.19 trillion current LCU compare
  5. 12 Guinea 40.95 trillion current LCU compare
  6. 13 Russia 40.93 trillion current LCU compare

See the full ranking of 186 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 80.64 trillion current 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 80.64 trillion current LCU in 2024.
What is the lowest general government final consumption expenditure recorded in Iraq?
The lowest recorded value was 275.70 million current LCU in 1970.
How does Iraq rank for general government final consumption expenditure?
Iraq ranks 10th out of 186 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Iraq?
Over the last ten years it is up 68.2%. 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 General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (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
186 places, 8,735 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.