Gross national expenditure in Iraq

Iraq: Gross national expenditure was 318.92 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
318.92 trillion current LCU
Change on year
up 12.9%
World rank
14th
of 185 countries
All-time high
318.92 trillion current LCU
in 2024
All-time low
1.06 billion current LCU
in 1970
Years of data
55
1970–2024

Gross national expenditure in Iraq, 1970–2024

0100.0T200.0T300.0T197019972024

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

Analysis

The most recent figure for gross national expenditure in Iraq is 318.92 trillion current LCU, measured in 2024. That is the highest value across all 55 years on record.

The figure is up 12.9% on the previous year and up 53.0% over ten years.

Over the whole period, gross national expenditure in Iraq peaked at 318.92 trillion current LCU in 2024 and was at its lowest, 1.06 billion current LCU, in 1970.

That places Iraq 14th out of 185 countries with data for 2024, putting it 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 3.36 billion current LCU 1.06 billion current LCU 7.90 billion current LCU 10
1980s 16.62 billion current LCU 10.91 billion current LCU 21.21 billion current LCU 10
1990s 5.45 trillion current LCU 41.59 billion current LCU 23.41 trillion current LCU 10
2000s 55.89 trillion current LCU 20.40 trillion current LCU 110.53 trillion current LCU 10
2010s 187.82 trillion current LCU 128.40 trillion current LCU 234.80 trillion current LCU 10
2020s 268.71 trillion current LCU 209.52 trillion current LCU 318.92 trillion current LCU 5

Countries ranked near Iraq

  1. 11 Paraguay 379.72 trillion current LCU compare
  2. 12 India 352.53 trillion current LCU compare
  3. 13 Chile 325.89 trillion current LCU compare
  4. 15 Guinea 295.92 trillion current LCU compare
  5. 16 Democratic Republic of Congo 244.48 trillion current LCU compare
  6. 17 Tanzania 231.35 trillion current LCU compare

See the full ranking of 185 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross national expenditure in Iraq?
Gross national expenditure in Iraq was 318.92 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Iraq?
The highest recorded value was 318.92 trillion current LCU in 2024.
What is the lowest gross national expenditure recorded in Iraq?
The lowest recorded value was 1.06 billion current LCU in 1970.
How does Iraq rank for gross national expenditure?
Iraq ranks 14th out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in Iraq?
Over the last ten years it is up 53.0%. 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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross national 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
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.