General government final consumption expenditure in Iraq
Iraq: General government final consumption expenditure was 62.03 billion current US$ in 2024. ◆ Volatile
General government final consumption expenditure in Iraq, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Iraq is 62.03 billion current US$, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 23.6% on the previous year and up 50.9% over ten years.
Over the whole period, general government final consumption expenditure in Iraq peaked at 62.03 billion current US$ in 2024 and was at its lowest, 41.81 million current US$, in 1992.
That places Iraq 39th out of 186 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.75 billion current US$ | 771.96 million current US$ | 5.58 billion current US$ | 10 |
| 1980s | 15.74 billion current US$ | 8.17 billion current US$ | 20.19 billion current US$ | 10 |
| 1990s | 3.02 billion current US$ | 41.81 million current US$ | 19.81 billion current US$ | 10 |
| 2000s | 11.21 billion current US$ | 2.69 billion current US$ | 23.52 billion current US$ | 10 |
| 2010s | 35.45 billion current US$ | 26.21 billion current US$ | 45.13 billion current US$ | 10 |
| 2020s | 45.93 billion current US$ | 37.15 billion current US$ | 62.03 billion current US$ | 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 general government final consumption expenditure in Iraq?
- General government final consumption expenditure in Iraq was 62.03 billion current US$ 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 62.03 billion current US$ in 2024.
- What is the lowest general government final consumption expenditure recorded in Iraq?
- The lowest recorded value was 41.81 million current US$ in 1992.
- How does Iraq rank for general government final consumption expenditure?
- Iraq ranks 39th 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 50.9%. 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 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. 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 indicator is expressed in United States dollars.