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Iraq

71 series · 1800–2025 · Upper middle income · Middle East & North Africa

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National accounts

VariableCodeCoverageLatest
Nominal GDPMillions of local currencynGDP1949–2025335,200,000 (2025)
Nominal GDP (USD)Millions of US dollarsnGDP_USD1950–2025257,822 (2025)
Real GDPMillions of local currencyrGDP1950–2025219,800,000 (2025)
Real GDP per capitaConstant local currency per personrGDP_pc1950–20254,675,218 (2025)
Real GDP (USD)Millions of US dollarsrGDP_USD1950–2025188,320 (2025)
DeflatorIndex, 2015 = 100deflator1950–2025152.5 (2025)
Real GDP per capita (USD)US dollars per personrGDP_pc_USD1950–20254,005 (2025)

Consumption and investment

VariableCodeCoverageLatest
Total consumptionMillions of local currencycons1970–2024247,100,000 (2024)
Total consumption (% of GDP)Percent of GDPcons_GDP1970–202468.0 (2024)
Total consumption (USD)Millions of US dollarscons_USD1970–2024190,041 (2024)
Household consumptionMillions of local currencyhcons1970–2024171,800,000 (2024)
Household consumption (% of GDP)Percent of GDPhcons_GDP1970–202447.3 (2024)
Household consumption (USD)Millions of US dollarshcons_USD1970–2024132,165 (2024)
Government consumptionMillions of local currencygcons1970–202475,238,752 (2024)
Government consumption (% of GDP)Percent of GDPgcons_GDP1970–202420.7 (2024)
Government consumption (USD)Millions of US dollarsgcons_USD1970–202457,876 (2024)
Gross capital formationMillions of local currencyinv1950–202498,513,512 (2024)
Gross capital formation (% of GDP)Percent of GDPinv_GDP1950–202427.1 (2024)
Gross capital formation (USD)Millions of US dollarsinv_USD1950–202475,780 (2024)
Gross fixed capital formationMillions of local currencyfinv1950–202450,997,440 (2024)
Gross fixed capital formation (% of GDP)Percent of GDPfinv_GDP1950–202414.0 (2024)
Gross fixed capital formation (USD)Millions of US dollarsfinv_USD1950–202439,229 (2024)

External sector

VariableCodeCoverageLatest
ExportsMillions of local currencyexports1921–2024158,700,000 (2024)
Exports (% of GDP)Percent of GDPexports_GDP1949–202443.7 (2024)
Exports (USD)Millions of US dollarsexports_USD1921–2024122,098 (2024)
ImportsMillions of local currencyimports1921–2024148,100,000 (2024)
Imports (% of GDP)Percent of GDPimports_GDP1949–202440.7 (2024)
Imports (USD)Millions of US dollarsimports_USD1921–2024113,885 (2024)
Current accountMillions of local currencyCA1976–20256,245,886 (2025)
Current account (% of GDP)Percent of GDPCA_GDP1976–20251.86 (2025)
USD exchange rateLocal currency per US dollarUSDfx1921–20251,300 (2025)
Real effective exchange rateIndex, 2015 = 100REER1990–202385.4 (2023)
Current account (USD)Millions of US dollarsCA_USD1976–20254,805 (2025)

Government finances

VariableCodeCoverageLatest
Government expenditureMillions of local currencygovexp1950–2025134,300,000 (2025)
General government expenditureMillions of local currencygen_govexp2004–2025134,300,000 (2025)
General government expenditure (% of GDP)Percent of GDPgen_govexp_GDP2004–202540.1 (2025)
Central government expenditureMillions of local currencycgovexp1950–19745,947 (1974)
Central government expenditure (% of GDP)Percent of GDPcgovexp_GDP1950–197441.3 (1974)
Government revenueMillions of local currencygovrev1950–2025121,400,000 (2025)
General government revenueMillions of local currencygen_govrev2004–2025121,400,000 (2025)
Central government revenueMillions of local currencycgovrev1950–19745,112 (1974)
General government revenue (% of GDP)Percent of GDPgen_govrev_GDP2004–202536.2 (2025)
Central government revenue (% of GDP)Percent of GDPcgovrev_GDP1950–197435.5 (1974)
Government tax revenueMillions of local currencygovtax2013–20214,531,223 (2021)
General government tax revenueMillions of local currencygen_govtax2013–20214,531,223 (2021)
General government tax revenue (% of GDP)Percent of GDPgen_govtax_GDP2013–20211.49 (2021)
Government deficit (% of GDP)Percent of GDPgovdef_GDP1950–2025-6.41 (2025)
General government deficit (% of GDP)Percent of GDPgen_govdef_GDP2004–2025-6.41 (2025)
General government deficitMillions of local currencygen_govdef2004–2025-21,470,249 (2025)
Central government deficit (% of GDP)Percent of GDPcgovdef_GDP1950–1974-5.80 (1974)
Central government deficitMillions of local currencycgovdef1950–1974-835.0 (1974)
Government debt (% of GDP)Percent of GDPgovdebt_GDP2004–202553.9 (2025)
General government debt (% of GDP)Percent of GDPgen_govdebt_GDP2004–202553.9 (2025)
General government debtMillions of local currencygen_govdebt2004–2025180,700,000 (2025)
Central government debt (% of GDP)Percent of GDPcgovdebt_GDP2004–202442.9 (2024)
Central government debtMillions of local currencycgovdebt2004–2024156,000,000 (2024)
Government debtMillions of local currencygovdebt2004–2025180,700,000 (2025)
Government deficitMillions of local currencygovdef1950–2025-21,470,249 (2025)
Government expenditure (% of GDP)Percent of GDPgovexp_GDP1950–202540.1 (2025)
Government revenue (% of GDP)Percent of GDPgovrev_GDP1950–202536.2 (2025)
Government tax revenue (% of GDP)Percent of GDPgovtax_GDP2013–20211.49 (2021)

Money and interest rates

VariableCodeCoverageLatest
Short-term interest ratePercentstrate2004–200817.7 (2008)
Central bank policy ratePercentcbrate2004–20164.00 (2016)
M0 (monetary base)Millions of local currencyM01932–201027,507,328 (2010)
M1Millions of local currencyM11950–201051,620 (2010)
M2Millions of local currencyM21950–201060,262 (2010)
M3Millions of local currencyM32004–2024174,000,000 (2024)

Prices and labor markets

VariableCodeCoverageLatest
Consumer price indexIndex, 2015 = 100CPI1939–2025121.4 (2025)
InflationPercentinfl1946–20250.303 (2025)
PopulationMillions of peoplepop1800–202547.0 (2025)
Unemployment ratePercentunemp2007–202116.2 (2021)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →