Iraq GDP 2023 Live
The live counter displays estimated figures for the Iraq GDP during the current year, from January 1, 2023, up to July 24, 2024,based on the latest data from the IMF.
The statistics show Iraq gross domestic product (GDP) from 1960 to 2023, with projections until 2028. According to the latest IMF projections, Iraq GDP 2023 is expected to reach $267.89 billion. IMF’s econometric models indicate that the country’s GDP will trend towards $277 billion in 2024 and $329 billion in 2028 in the long term.
Iraq ‘s GDP growth rate is projected to reach 3.67% by the end of 2023, according to IMF projections, with expected growth of around 3.13% in 2024 and 2.19% in 2028.
Iraq ‘s GDP per capita is expected to reach $6,180 by the end of 2023, and it is predicted to trend towards $6,247 in 2024 and $6,336 in 2025, according to the latest IMF projections.
As of 2023, Iraq‘s nominal GDP ranks 50th globally, while its PPP GDP ranks 46th.
Historical Data: Iraq GDP from 1960 to 2028
Iraq’s GDP has shown resilience and growth, driven by services, manufacturing, and agriculture, despite COVID-19 challenges. Recovery efforts are underway.
| Year | GDP (billion US$) | GDP Per Capita | Growth |
|---|---|---|---|
| 2028 | $329.10B | $6,678 | 2.19% |
| 2027 | $314.93B | $6,556 | 2.18% |
| 2026 | $301.81B | $6,446 | 2.43% |
| 2025 | $289.10B | $6,336 | 2.64% |
| 2024 | $277.83B | $6,247 | 3.13% |
| 2023 | $267.89B | $6,180 | 3.67% |
| 2022 | $270.36B | $6,399 | 8.14% |
| 2021 | $206.52B | $5,015 | 7.68% |
| 2020 | $169.35B | $4,219 | -15.7% |
| 2019 | $233.64B | $5,621 | 5.51% |
| 2018 | $227.37B | $5,601 | 2.63% |
| 2017 | $187.22B | $4,725 | -1.82% |
| 2016 | $166.60B | $4,305 | 13.79% |
| 2015 | $166.77B | $4,417 | 4.72% |
| 2014 | $228.42B | $6,216 | 0.20% |
| 2013 | $234.64B | $6,613 | 7.63% |
| 2012 | $218.00B | $6,438 | 13.94% |
| 2011 | $185.75B | $5,737 | 7.55% |
| 2010 | $138.52B | $4,430 | 6.40% |
| 2009 | $111.66B | $3,686 | 3.38% |
| 2008 | $131.61B | $4,505 | 8.23% |
| 2007 | $88.84B | $3,100 | 1.89% |
| 2006 | $65.14B | $2,254 | 5.65% |
| 2005 | $49.95B | $1,741 | 1.67% |
| 2004 | $36.63B | $1,315 | 53.38% |
| 2003 | $21.92B | $810 | -36.66% |
| 2002 | $32.93B | $1,254 | -8.20% |
| 2001 | $36.18B | $1,423 | 1.76% |
| 2000 | $48.36B | $1,964 | 16.92% |
| 1999 | $36.88B | $1,548 | 17.58% |
| 1998 | $20.62B | $894 | 34.86% |
| 1997 | $20.76B | $930 | 21.24% |
| 1996 | $10.43B | $482 | 11.02% |
| 1995 | $12.89B | $616 | 2.12% |
| 1994 | $3.99B | $197 | 3.85% |
| 1993 | $1.03B | $53 | 30.29% |
| 1992 | $0.55B | $30 | 32.59% |
| 1991 | $0.41B | $23 | -64.05% |
| 1990 | $180.41B | $10,217 | 57.82% |
| 1989 | $65.83B | $3,774 | -3.12% |
| 1988 | $62.68B | $3,690 | -0.02% |
| 1987 | $56.77B | $3,421 | 9.31% |
| 1986 | $47.26B | $2,927 | 4.65% |
| 1985 | $48.43B | $3,074 | 1.45% |
| 1984 | $46.94B | $3,052 | -1.49% |
| 1983 | $40.71B | $2,732 | -13.07% |
| 1982 | $42.38B | $2,929 | 3.43% |
| 1981 | $37.82B | $2,689 | -0.73% |
| 1980 | $52.57B | $3,850 | 24.75% |
| 1979 | $37.82B | $2,858 | 20.87% |
| 1978 | $23.76B | $1,854 | 17.06% |
| 1977 | $19.84B | $1,600 | 1.90% |
| 1976 | $17.75B | $1,480 | 17.18% |
| 1975 | $13.46B | $1,158 | 12.49% |
| 1974 | $11.52B | $1,024 | 16.11% |
| 1973 | $5.13B | $472 | 4.42% |
| 1972 | $4.11B | $392 | 3.74% |
| 1971 | $3.87B | $381 | 5.37% |
| 1970 | $3.28B | $334 | 4.54% |
| 1969 | $3.01B | $317 | 3.24% |
| 1968 | $2.90B | $316 | % |
| 1964 | $2.34B | $293 | % |
| 1963 | $1.98B | $256 | % |
| 1962 | $1.95B | $261 | % |
| 1961 | $1.83B | $252 | % |
| 1960 | $1.68B | $238 | % |
- World Bank – World Bank national accounts data, and OECD National Accounts data.
- International Monetary Fund:
- United Nations: National Accounts Main Aggregates Database
