Iraq 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$246.80 billion
↓ 1.61% vs 2023GDP per Capita
$5,475.44
↓ 1.61% vs 2023GDP Growth (Annual %)
-1.61%
↑ 1.32pp vs 2023Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $250.84 billion | $246.80 billion | -1.61% |
| GDP per Capita | $5,565.13 | $5,475.44 | -1.61% |
| GDP Growth (Annual %) | -2.94% | -1.61% | +1.32pp |
| Inflation (CPI %) | 4.36% | N/A | N/A |
| Unemployment Rate (%) | 15.45% | 15.52% | +0.08pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $246.80 billion
- GDP per Capita
- $5,475.44
- GDP Growth (Annual %)
- -1.61%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 15.52%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Iraq's Gross Domestic Product (GDP) is $246.80 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iraq for 2024 is $5,475.44. GDP per capita is calculated by dividing the country's GDP by its population.
Iraq's annual GDP growth rate for 2024 is -1.61%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iraq for 2024 is 15.52%. This represents the percentage of the labor force that is unemployed and actively seeking employment.