Iraq GDP Annual Growth Rate  1991-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Iraq expanded 11 percent in 2016 from the previous year. GDP Annual Growth Rate in Iraq averaged 7.78 percent from 1991 until 2016, reaching an all time high of 54.16 percent in 2004 and a record low of -56.40 percent in 1991.

Iraq GDP Annual Growth Rate
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Iraq GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 11.00 2.40 54.16 -56.40 percent [+]
GDP 180.07 228.70 234.60 1.70 USD Billion [+]
GDP Constant Prices 48104042.40 49536408.20 69794974.80 1105299.00 IQD Million [+]
Gross National Product 224153528.60 240917008.90 240917008.90 20594974.80 IQD Million [+]
GDP per capita 5119.30 5131.20 5303.40 1427.10 USD [+]
GDP per capita PPP 14459.00 14492.60 14979.00 4030.70 USD [+]


Iraq GDP Annual Growth Rate Notes

In Iraq, oil extraction is the most important sector of the economy and accounts for 55 percent of GDP. The services sector constitutes 33 percent of the output. Within services the largest segments are: community, social and personal services (13 percent of GDP); finance, insurance and real estate services (9 percent) and wholesale and retail trade and restaurants and hotels (7 percent). Manufacturing, construction and water and electricity production and distribution account for 8 percent of the wealth and agriculture, forestry, hunting and fishing for the remaining 4 percent. This page provides - Iraq GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
11.00 2.40 54.16 -56.40 1991 - 2016 percent Yearly



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