PPP conversion factor, GDP in Iraq

Iraq: PPP conversion factor, GDP was 492.93 LCU per international $ in 2025. ▲ Rising

Latest (2025)
492.93 LCU per international $
Change on year
down 9.6%
World rank
24th
of 204 countries
All-time high
657.11 LCU per international $
in 2022
All-time low
60.06 LCU per international $
in 1996
Years of data
31
1995–2025

PPP conversion factor, GDP in Iraq, 1995–2025

02004006001995201020251995: 69.9 LCU per international $1996: 60.1 LCU per international $1997: 113.1 LCU per international $1998: 94 LCU per international $1999: 158.6 LCU per international $2000: 193.4 LCU per international $2001: 153 LCU per international $2002: 162.9 LCU per international $2003: 181.9 LCU per international $2004: 207.8 LCU per international $2005: 273.7 LCU per international $2006: 326.7 LCU per international $2007: 364.1 LCU per international $2008: 465 LCU per international $2009: 371.9 LCU per international $2010: 428.4 LCU per international $2011: 523.3 LCU per international $2012: 524.5 LCU per international $2013: 528.6 LCU per international $2014: 553.4 LCU per international $2015: 555.3 LCU per international $2016: 563.8 LCU per international $2017: 552.9 LCU per international $2018: 555 LCU per international $2019: 547.3 LCU per international $2020: 484.3 LCU per international $2021: 554.5 LCU per international $2022: 657.1 LCU per international $2023: 535.2 LCU per international $2024: 545.1 LCU per international $2025: 492.9 LCU per international $

Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.

Analysis

The most recent figure for ppp conversion factor, gdp in Iraq is 492.93 LCU per international $, measured in 2025.

Compared with earlier readings it is down 9.6% on the previous year and down 11.2% over ten years.

Over the whole period, ppp conversion factor, gdp in Iraq peaked at 657.11 LCU per international $ in 2022 and was at its lowest, 60.06 LCU per international $, in 1996.

Iraq ranks 24th of 204 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 99.12 LCU per international $ 60.06 LCU per international $ 158.58 LCU per international $ 5
2000s 270.04 LCU per international $ 152.95 LCU per international $ 464.95 LCU per international $ 10
2010s 533.25 LCU per international $ 428.37 LCU per international $ 563.82 LCU per international $ 10
2020s 544.85 LCU per international $ 484.26 LCU per international $ 657.11 LCU per international $ 6

Countries ranked near Iraq

  1. 21 Malawi 619.01 LCU per international $ compare
  2. 22 Argentina 567.3 LCU per international $ compare
  3. 23 Myanmar 520.11 LCU per international $ compare
  4. 25 Chile 453.19 LCU per international $ compare
  5. 26 Rwanda 385.46 LCU per international $ compare
  6. 27 Angola 322.97 LCU per international $ compare

See the full ranking of 204 places →

More economy & growth data for Iraq

All data for Iraq →

Frequently asked questions

What is ppp conversion factor, gdp in Iraq?
Ppp conversion factor, gdp in Iraq was 492.93 LCU per international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
What is the highest ppp conversion factor, gdp recorded in Iraq?
The highest recorded value was 657.11 LCU per international $ in 2022.
What is the lowest ppp conversion factor, gdp recorded in Iraq?
The lowest recorded value was 60.06 LCU per international $ in 1996.
How does Iraq rank for ppp conversion factor, gdp?
Iraq ranks 24th out of 204 countries with data for 2025.
Is ppp conversion factor, gdp rising or falling in Iraq?
Over the last ten years it is down 11.2%. The long-run trend across the full record is rising.
Where does this Iraq data come from?
The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.

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About this data

Indicator
PPP conversion factor, GDP (LCU per international $)
Unit
LCU per international $
Source
International Comparison Program (ICP), World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 7,042 data points, 1990–2025
Last refreshed

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.