Gross value added at basic prices (GVA) in Iraq

Iraq: Gross value added at basic prices (GVA) was 254.37 billion current US$ in 2025. ◆ Volatile

Latest (2025)
254.37 billion current US$
Change on year
down 9.0%
World rank
51st
of 206 countries
All-time high
287.37 billion current US$
in 2022
All-time low
407.80 million current US$
in 1991
Years of data
58
1968–2025

Gross value added at basic prices (GVA) in Iraq, 1968–2025

0100.0B200.0B300.0B196819962025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in Iraq is 254.37 billion current US$, measured in 2025.

That represents a change of down 9.0% on the previous year and up 52.5% over ten years.

Over the whole period, gross value added at basic prices (gva) in Iraq peaked at 287.37 billion current US$ in 2022 and was at its lowest, 407.80 million current US$, in 1991.

That places Iraq 51st out of 206 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.95 billion current US$ 2.90 billion current US$ 3.01 billion current US$ 2
1970s 14.05 billion current US$ 3.28 billion current US$ 37.82 billion current US$ 10
1980s 50.14 billion current US$ 37.82 billion current US$ 65.83 billion current US$ 10
1990s 28.80 billion current US$ 407.80 million current US$ 180.41 billion current US$ 10
2000s 62.33 billion current US$ 21.92 billion current US$ 131.61 billion current US$ 10
2010s 198.71 billion current US$ 138.52 billion current US$ 234.64 billion current US$ 10
2020s 246.81 billion current US$ 180.90 billion current US$ 287.37 billion current US$ 6

Countries ranked near Iraq

  1. 48 Finland 276.55 billion current US$ compare
  2. 49 Algeria 272.66 billion current US$ compare
  3. 50 Peru 270.33 billion current US$ compare
  4. 52 Greece 242.02 billion current US$ compare
  5. 53 New Zealand 235.04 billion current US$ compare
  6. 54 Qatar 214.34 billion current US$ compare

See the full ranking of 244 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is gross value added at basic prices (gva) in Iraq?
Gross value added at basic prices (gva) in Iraq was 254.37 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross value added at basic prices (gva) recorded in Iraq?
The highest recorded value was 287.37 billion current US$ in 2022.
What is the lowest gross value added at basic prices (gva) recorded in Iraq?
The lowest recorded value was 407.80 million current US$ in 1991.
How does Iraq rank for gross value added at basic prices (gva)?
Iraq ranks 51st out of 206 countries with data for 2025.
Is gross value added at basic prices (gva) rising or falling in Iraq?
Over the last ten years it is up 52.5%. 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 value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 data points, 1960–2025
Last refreshed

Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.