GNI, PPP in Iraq
Iraq: GNI, PPP was 551.26 billion constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Iraq, 2007–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2024, gni, ppp in Iraq stood at 551.26 billion constant 2021 international $.
The figure is down 3.9% on the previous year and up 8.1% over ten years.
Over the whole period, gni, ppp in Iraq peaked at 687.56 billion constant 2021 international $ in 2022 and was at its lowest, 328.14 billion constant 2021 international $, in 2009.
That places Iraq 42nd out of 158 countries with data for 2024, putting it 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 | 356.15 billion constant 2021 international $ | 328.14 billion constant 2021 international $ | 404.50 billion constant 2021 international $ | 3 |
| 2010s | 468.81 billion constant 2021 international $ | 361.50 billion constant 2021 international $ | 536.44 billion constant 2021 international $ | 10 |
| 2020s | 549.39 billion constant 2021 international $ | 391.70 billion constant 2021 international $ | 687.56 billion constant 2021 international $ | 5 |
Countries ranked near Iraq
- 39 Chile 592.16 billion constant 2021 international $ compare
- 40 Austria 572.56 billion constant 2021 international $ compare
- 41 Hong Kong 564.24 billion constant 2021 international $ compare
- 43 Peru 551.07 billion constant 2021 international $ compare
- 44 Czechia 505.50 billion constant 2021 international $ compare
- 45 Israel 480.51 billion constant 2021 international $ 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 gni, ppp in Iraq?
- Gni, ppp in Iraq was 551.26 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Iraq?
- The highest recorded value was 687.56 billion constant 2021 international $ in 2022.
- What is the lowest gni, ppp recorded in Iraq?
- The lowest recorded value was 328.14 billion constant 2021 international $ in 2009.
- How does Iraq rank for gni, ppp?
- Iraq ranks 42nd out of 158 countries with data for 2024.
- Is gni, ppp rising or falling in Iraq?
- Over the last ten years it is up 8.1%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.