Iraq GDP
Browse Iraq's nominal GDP in Iraqi dinars, year by year. Switch between nominal value, year-over-year growth, and GDP per capita — and filter the date range to zoom into any decade.
GDP over time
Year-by-year breakdown
| Year | Nominal GDP (IQD) | YoY change | Per capita (IQD) | Context |
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Pre-1990 figures use the old Iraqi dinar (1 IQD ≈ 3 USD before the Gulf War). The currency unit was not redenominated, but hyperinflation in the 1990s caused the dinar's real value to collapse — visible as the steep climb in nominal IQD through the sanctions era.
Nominal GDP comes from two source tiers. World Bank "GDP (current LCU)" (NY.GDP.MKTP.CN) for 1968-1989 and 2004 onward, plus IMF World Economic Outlook projections for 2024-2025 — these are verified, audit-quality figures. The 1990-2003 period uses reconstructed estimates from CSO Iraq retrospectives, UN Statistics Division, and academic sources; the World Bank did not publish an LCU series during sanctions and the dinar hyperinflation, so these years are lower-confidence. Estimate-source years are marked with an asterisk (*) in the table and a dashed segment on the chart. Population figures: World Bank "Total population" (SP.POP.TOTL).
This calculator is for educational purposes only and is not investment advice. Rates shown are assumed values and do not guarantee future returns.
Frequently asked questions
What is Iraq's current GDP?
Iraq's 2025 nominal GDP is projected at roughly 358 trillion Iraqi dinars (about USD 250 billion at the official CBI rate). The 2023 verified figure was 339 trillion IQD, and 2022 was 376 trillion IQD — the swings are driven mostly by oil prices, since hydrocarbons account for over 90 percent of government revenue.
How reliable are the 1990-2003 figures?
Lower confidence than the rest of the series. The World Bank did not publish a "GDP (current LCU)" figure for any year between 1990 and 2003 — UN sanctions, the Oil-for-Food era, and dinar hyperinflation made a verified local-currency series impossible. The numbers shown for those years come from CSO Iraq retrospective estimates, UN Statistics Division compilations, and academic reconstructions. They're directionally correct (sanctions shock, then runaway nominal growth as the dinar collapsed) but not audit-quality. The chart shows these years with a dashed line and the table marks them with an asterisk so you can tell verified data from estimates.
How is GDP per capita calculated here?
Per-capita GDP divides nominal GDP in Iraqi dinars by Iraq's total population for that year, using World Bank population estimates. In 2024 that works out to roughly 8 million IQD per person — but because this is nominal GDP, the figure is not adjusted for inflation or purchasing power.