Gross savings in Iraq
Iraq: Gross savings was 116.38 trillion current LCU in 2024. ◆ Volatile
Gross savings in Iraq, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Iraq recorded 116.38 trillion current LCU for gross savings in 2024.
That represents a change of down 19.9% on the previous year and up 15.1% over ten years.
Over the whole period, gross savings in Iraq peaked at 227.25 trillion current LCU in 2022 and was at its lowest, 36.15 trillion current LCU, in 2009.
That places Iraq 9th out of 177 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 |
|---|---|---|---|---|
| 2000s | 50.01 trillion current LCU | 36.15 trillion current LCU | 82.45 trillion current LCU | 5 |
| 2010s | 85.12 trillion current LCU | 48.14 trillion current LCU | 113.23 trillion current LCU | 10 |
| 2020s | 132.78 trillion current LCU | 51.83 trillion current LCU | 227.25 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 savings in Iraq?
- Gross savings in Iraq was 116.38 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Iraq?
- The highest recorded value was 227.25 trillion current LCU in 2022.
- What is the lowest gross savings recorded in Iraq?
- The lowest recorded value was 36.15 trillion current LCU in 2009.
- How does Iraq rank for gross savings?
- Iraq ranks 9th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Iraq?
- Over the last ten years it is up 15.1%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.