Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Iraq

Gross capital formation in US dollars in Iraq in 2024 — 53,512,494,154 US$. Ranked 49 in the world out of 168. Since 1970, the indicator has risen by 9,323.9%.

2024 53.51B US$ −1.91% vs 2023
World rank 49of 168
Period maximum 79.96B US$1990
Period minimum -2.47B US$1989

Trend over time

1970–2024 · US$

Gross capital formation in US dollars — Iraq, 1970–2024-25B025B50B75B100B19701976198219881994200020062012201820241970: 567,839,773 US$1971: 592,362,093 US$1972: 820,967,257 US$1973: 1,184,879,498 US$1974: 3,213,342,364 US$1975: 4,807,314,595 US$1976: 4,398,577,718 US$1977: 5,057,229,936 US$1978: 4,929,224,517 US$1979: 11,102,607,518 US$1980: 16,201,666,667 US$1981: 23,405,666,667 US$1982: 24,567,000,000 US$1983: 6,390,000,000 US$1984: 8,710,322,581 US$1985: 11,821,290,323 US$1986: 9,252,580,645 US$1987: 11,399,032,258 US$1988: 13,800,967,742 US$1989: -2,465,806,452 US$1990: 79,957,419,355 US$1991: -52,524,496 US$1992: 176,017,797 US$1993: 612,365,812 US$1994: 2,321,849,668 US$1995: 6,633,257,458 US$1996: 6,052,790,216 US$1997: 872,871,667 US$1998: 1,524,068,862 US$1999: 14,159,694,687 US$2000: 14,096,896,286 US$2001: 15,708,633,398 US$2002: 6,001,828,515 US$2003: 2,334,856,330 US$2004: 6,197,280,718 US$2005: 11,092,056,589 US$2006: 12,324,257,919 US$2007: 8,298,908,345 US$2008: 19,984,470,130 US$2009: 12,613,552,375 US$2010: 21,979,647,094 US$2011: 31,130,718,376 US$2012: 29,312,986,835 US$2013: 47,555,753,518 US$2014: 41,608,138,679 US$2015: 33,954,626,909 US$2016: 29,809,087,299 US$2017: 33,422,989,443 US$2018: 39,983,639,231 US$2019: 53,130,541,540 US$2020: 40,425,199,206 US$2021: 44,933,168,868 US$2022: 69,874,156,276 US$2023: 54,555,523,162 US$2024: 53,512,494,154 US$
Change over the period: +52.94B (+9,323.87%) Average annual rate: 8.78 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Iraq

Iraq 53.51B US$
World 29.36T US$
Western Asia computed 1.1T US$
Upper-middle-income countries computed 10.24T US$
Gross capital formation in US dollars — Iraq, by year Iraq All countries CSV XLSX
Year US$ Change Change, %
2024 53.51B −1.04B −1.91%
2023 54.56B −15.32B −21.92%
2022 69.87B +24.94B +55.51%
2021 44.93B +4.51B +11.15%
2020 40.43B −12.71B −23.91%
2019 53.13B +13.15B +32.88%
2018 39.98B +6.56B +19.63%
2017 33.42B +3.61B +12.12%
2016 29.81B −4.15B −12.21%
2015 33.95B −7.65B −18.39%
2014 41.61B −5.95B −12.51%
2013 47.56B +18.24B +62.23%
2012 29.31B −1.82B −5.84%
2011 31.13B +9.15B +41.63%
2010 21.98B +9.37B +74.25%
2009 12.61B −7.37B −36.88%
2008 19.98B +11.69B +140.81%
2007 8.3B −4.03B −32.66%
2006 12.32B +1.23B +11.11%
2005 11.09B +4.89B +78.98%
2004 6.2B +3.86B +165.42%
2003 2.33B −3.67B −61.1%
2002 6B −9.71B −61.79%
2001 15.71B +1.61B +11.43%
2000 14.1B −62.8M −0.44%
1999 14.16B +12.64B +829.07%
1998 1.52B +651M +74.6%
1997 873M −5.18B −85.58%
1996 6.05B −580M −8.75%
1995 6.63B +4.31B +185.69%
1994 2.32B +1.71B +279.16%
1993 612M +436M +247.9%
1992 176M +229M +435.12%
1991 -52.52M −80.01B −100.07%
1990 79.96B +82.42B +3,342.65%
1989 -2.47B −16.27B −117.87%
1988 13.8B +2.4B +21.07%
1987 11.4B +2.15B +23.2%
1986 9.25B −2.57B −21.73%
1985 11.82B +3.11B +35.72%
1984 8.71B +2.32B +36.31%
1983 6.39B −18.18B −73.99%
1982 24.57B +1.16B +4.96%
1981 23.41B +7.2B +44.46%
1980 16.2B +5.1B +45.93%
1979 11.1B +6.17B +125.24%
1978 4.93B −128M −2.53%
1977 5.06B +659M +14.97%
1976 4.4B −409M −8.5%
1975 4.81B +1.59B +49.6%
1974 3.21B +2.03B +171.2%
1973 1.18B +364M +44.33%
1972 821M +229M +38.59%
1971 592M +24.52M +4.32%
1970 568M

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.