Gross national expenditure in Iraq
Iraq: Gross national expenditure was 318.92 trillion current LCU in 2024. ◆ Volatile
Gross national expenditure in Iraq, 1970–2024
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
| Decade | Average | Lowest | Highest | 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
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 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.
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About this data
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.