Gross savings in Iraq
Iraq: Gross savings was 89.52 billion current US$ in 2024. ▲ Rising
Gross savings in Iraq, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross savings in Iraq is 89.52 billion current US$, measured in 2024.
The figure is down 18.9% on the previous year and up 3.2% over ten years.
Over the whole period, gross savings in Iraq peaked at 156.73 billion current US$ in 2022 and was at its lowest, 25.02 billion current US$, in 2005.
Iraq ranks 40th of 177 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.05 billion current US$ | 25.02 billion current US$ | 69.11 billion current US$ | 5 |
| 2010s | 72.55 billion current US$ | 40.76 billion current US$ | 97.11 billion current US$ | 10 |
| 2020s | 97.02 billion current US$ | 43.47 billion current US$ | 156.73 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 gross savings in Iraq?
- Gross savings in Iraq was 89.52 billion current US$ 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 156.73 billion current US$ in 2022.
- What is the lowest gross savings recorded in Iraq?
- The lowest recorded value was 25.02 billion current US$ in 2005.
- How does Iraq rank for gross savings?
- Iraq ranks 40th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Iraq?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- 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 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.