Data / Gross fixed capital formation, share of GDP / Iraq

Gross fixed capital formation, share of GDP in Iraq

Gross fixed capital formation, share of GDP in Iraq was 14.4% of GDP in 2024, according to the World Bank. That is up 1.9 pts from 2023. That is the 147th highest of 164 countries in 2024.

2024, % of GDP14.4
Change on 2023+1.9 pts
Rank147th of 164Countries ranked
Series high51.41982
Series low0.71996

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Gross fixed capital formation, share of GDP in Iraq, 1970 to 2024

0204060197019781986199420022010201820241970: 15.8 % of GDP1971: 14.2 % of GDP1972: 15.9 % of GDP1973: 18.6 % of GDP1974: 18.5 % of GDP1975: 26.7 % of GDP1976: 25.5 % of GDP1977: 25.2 % of GDP1978: 28.4 % of GDP1979: 24.3 % of GDP1980: 24.1 % of GDP1981: 50.3 % of GDP1982: 51.4 % of GDP1983: 43.7 % of GDP1984: 30.5 % of GDP1985: 28.7 % of GDP1986: 26.3 % of GDP1987: 20.8 % of GDP1988: 22.6 % of GDP1989: 30.9 % of GDP1990: 11.1 % of GDP1991: 4.9 % of GDP1992: 5 % of GDP1993: 7.5 % of GDP1994: 2.8 % of GDP1995: 1.7 % of GDP1996: 0.7 % of GDP1997: 1.7 % of GDP1998: 2.4 % of GDP1999: 2.2 % of GDP2000: 2.9 % of GDP2001: 6.1 % of GDP2002: 5.4 % of GDP2003: 10.7 % of GDP2004: 5.4 % of GDP2005: 13.8 % of GDP2006: 17.7 % of GDP2007: 6.8 % of GDP2008: 14.8 % of GDP2009: 10.3 % of GDP2010: 16.2 % of GDP2011: 17.1 % of GDP2012: 15 % of GDP2013: 20.1 % of GDP2014: 21 % of GDP2015: 26 % of GDP2016: 14.6 % of GDP2017: 14.6 % of GDP2018: 14.2 % of GDP2019: 19.8 % of GDP2020: 7.8 % of GDP2021: 10.1 % of GDP2022: 9.7 % of GDP2023: 12.5 % of GDP2024: 14.4 % of GDP020406019701989200820241970: 15.8 % of GDP1971: 14.2 % of GDP1972: 15.9 % of GDP1973: 18.6 % of GDP1974: 18.5 % of GDP1975: 26.7 % of GDP1976: 25.5 % of GDP1977: 25.2 % of GDP1978: 28.4 % of GDP1979: 24.3 % of GDP1980: 24.1 % of GDP1981: 50.3 % of GDP1982: 51.4 % of GDP1983: 43.7 % of GDP1984: 30.5 % of GDP1985: 28.7 % of GDP1986: 26.3 % of GDP1987: 20.8 % of GDP1988: 22.6 % of GDP1989: 30.9 % of GDP1990: 11.1 % of GDP1991: 4.9 % of GDP1992: 5 % of GDP1993: 7.5 % of GDP1994: 2.8 % of GDP1995: 1.7 % of GDP1996: 0.7 % of GDP1997: 1.7 % of GDP1998: 2.4 % of GDP1999: 2.2 % of GDP2000: 2.9 % of GDP2001: 6.1 % of GDP2002: 5.4 % of GDP2003: 10.7 % of GDP2004: 5.4 % of GDP2005: 13.8 % of GDP2006: 17.7 % of GDP2007: 6.8 % of GDP2008: 14.8 % of GDP2009: 10.3 % of GDP2010: 16.2 % of GDP2011: 17.1 % of GDP2012: 15 % of GDP2013: 20.1 % of GDP2014: 21 % of GDP2015: 26 % of GDP2016: 14.6 % of GDP2017: 14.6 % of GDP2018: 14.2 % of GDP2019: 19.8 % of GDP2020: 7.8 % of GDP2021: 10.1 % of GDP2022: 9.7 % of GDP2023: 12.5 % of GDP2024: 14.4 % of GDP
% of GDP. Source: World Bank, Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved 2026-10-18, published 2026-10-08.
All 55 values
Period% of GDP
202414.4
202312.5
20229.7
202110.1
20207.8
201919.8
201814.2
201714.6
201614.6
201526
201421
201320.1
201215
201117.1
201016.2
200910.3
200814.8
20076.8
200617.7
200513.8
20045.4
200310.7
20025.4
20016.1
20002.9
19992.2
19982.4
19971.7
19960.7
19951.7
19942.8
19937.5
19925
19914.9
199011.1
198930.9
198822.6
198720.8
198626.3
198528.7
198430.5
198343.7
198251.4
198150.3
198024.1
197924.3
197828.4
197725.2
197625.5
197526.7
197418.5
197318.6
197215.9
197114.2
197015.8

Iraq compared with nearby places

Afghanistan: 17 % of GDPAlbania: 24.4 % of GDPArmenia: 21.4 % of GDPAngola: 10.6 % of GDPArgentina: 15.9 % of GDPAustria: 23.5 % of GDPAustralia: 24.1 % of GDPAzerbaijan: 17.6 % of GDPBosnia and Herzegovina: 24.4 % of GDPBangladesh: 30.7 % of GDPBelgium: 24.3 % of GDPBurkina Faso: 17.2 % of GDPBulgaria: 18.3 % of GDPBenin: 34.7 % of GDPBrunei: 27.7 % of GDPBolivia: 16.6 % of GDPBrazil: 16.9 % of GDPBahamas: 25.7 % of GDPBhutan: 42.1 % of GDPBotswana: 28.5 % of GDPBelarus: 23.5 % of GDPBelize: 21.1 % of GDPCanada: 22.9 % of GDPDemocratic Republic of the Congo: 31.4 % of GDPCentral African Republic: 15.1 % of GDPRepublic of the Congo: 26.5 % of GDPSwitzerland: 26.5 % of GDPCôte d’Ivoire: 19.7 % of GDPChile: 23.7 % of GDPCameroon: 18.2 % of GDPChina: 39.7 % of GDPColombia: 16.2 % of GDPCosta Rica: 16.3 % of GDPCuba: 12.8 % of GDPCyprus: 20.5 % of GDPCzechia: 26.5 % of GDPGermany: 20.5 % of GDPDjibouti: 24.2 % of GDPDenmark: 23.3 % of GDPDominican Republic: 26.1 % of GDPAlgeria: 35.2 % of GDPEcuador: 19 % of GDPEstonia: 23.9 % of GDPEgypt: 11.7 % of GDPSpain: 20.3 % of GDPEthiopia: 20.6 % of GDPFinland: 22.1 % of GDPFiji: 20.1 % of GDPFrance: 22.1 % of GDPGabon: 19.1 % of GDPUnited Kingdom: 18.7 % of GDPGeorgia: 21.3 % of GDPGhana: 9.7 % of GDPGambia: 29.9 % of GDPGuinea: 33.2 % of GDPEquatorial Guinea: 6.5 % of GDPGreece: 16 % of GDPGuatemala: 16 % of GDPGuinea-Bissau: 23.3 % of GDPHong Kong: 16.6 % of GDPHonduras: 24.2 % of GDPCroatia: 25.2 % of GDPHaiti: 12.1 % of GDPHungary: 23.2 % of GDPIndonesia: 29.1 % of GDPIreland: 17.3 % of GDPIsrael: 23.1 % of GDPIndia: 31.6 % of GDPIraq: 14.4 % of GDPIran: 28.1 % of GDPIceland: 26.8 % of GDPItaly: 21.5 % of GDPJapan: 27.8 % of GDPKenya: 17.6 % of GDPKyrgyzstan: 23.3 % of GDPCambodia: 31.6 % of GDPKiribati: 29 % of GDPSouth Korea: 30 % of GDPKuwait: 16.7 % of GDPKazakhstan: 24.3 % of GDPLebanon: 1.4 % of GDPSri Lanka: 19.1 % of GDPLesotho: 29.3 % of GDPLithuania: 22.4 % of GDPLuxembourg: 15.4 % of GDPLatvia: 22.2 % of GDPLibya: 14.3 % of GDPMorocco: 26.5 % of GDPMoldova: 20.5 % of GDPMontenegro: 21.1 % of GDPMadagascar: 20.4 % of GDPNorth Macedonia: 23.5 % of GDPMali: 20.9 % of GDPMongolia: 27.2 % of GDPMauritania: 25.8 % of GDPMauritius: 21 % of GDPMexico: 23.8 % of GDPMalaysia: 20.5 % of GDPNamibia: 24 % of GDPNew Caledonia: 22.1 % of GDPNiger: 22.4 % of GDPNicaragua: 23 % of GDPNetherlands: 19.9 % of GDPNorway: 22.9 % of GDPNepal: 24.5 % of GDPNew Zealand: 23.4 % of GDPOman: 25.5 % of GDPPanama: 31.4 % of GDPPeru: 20.6 % of GDPFrench Polynesia: 21.9 % of GDPPhilippines: 23.6 % of GDPPakistan: 11.5 % of GDPPoland: 17 % of GDPPuerto Rico: 13.7 % of GDPPalestine: 22.1 % of GDPPortugal: 20.4 % of GDPPalau: 35.8 % of GDPParaguay: 20.8 % of GDPRomania: 25.3 % of GDPSerbia: 23.8 % of GDPRussia: 22.4 % of GDPRwanda: 32.9 % of GDPSaudi Arabia: 30.6 % of GDPSolomon Islands: 19.5 % of GDPSudan: 2.9 % of GDPSweden: 25.1 % of GDPSingapore: 21 % of GDPSlovenia: 20.9 % of GDPSlovakia: 20.4 % of GDPSierra Leone: 19.6 % of GDPSenegal: 31.1 % of GDPSomalia: 26.7 % of GDPEl Salvador: 22.8 % of GDPEswatini: 16.1 % of GDPChad: 15.5 % of GDPThailand: 22.1 % of GDPTajikistan: 30.2 % of GDPTimor-Leste: 27 % of GDPTurkmenistan: 17.6 % of GDPTunisia: 15.2 % of GDPTürkiye: 31.3 % of GDPTanzania: 41.1 % of GDPUkraine: 18.5 % of GDPUganda: 21.6 % of GDPUnited States: 21.3 % of GDPUruguay: 16.3 % of GDPUzbekistan: 35.3 % of GDPVenezuela: 3.8 % of GDPVietnam: 29 % of GDPVanuatu: 24.4 % of GDPSamoa: 27.8 % of GDPSouth Africa: 14.5 % of GDPZambia: 21.6 % of GDPZimbabwe: 7.9 % of GDP
  • Under 16
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  • 24 to 28
  • 28 and over
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Gross fixed capital formation, share of GDP, 2024, % of GDP. Iraq is outlined. Same source and period for every area shown. Source: World Bank. Boundaries: Natural Earth (public domain).

Rankings

Definition

Acquisitions less disposals of fixed assets, such as buildings, machinery, equipment and intellectual property, plus certain spending that adds to the value of non-produced assets such as land, as a percentage of GDP. World Bank national accounts data, compiled from national statistical offices and central banks and from OECD national accounts files.

Current prices, so the share moves with relative prices as well as volumes. Countries that rebase their national accounts can shift it by several points. The latest year varies by country.

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How to cite

World Bank, World Development Indicators. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS) (Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024) [Data set]. Retrieved October 18, 2026, from https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS

MLA 9

Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq. Accessed 18 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024. Dataset. Accessed October 18, 2026. https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Also distributed by Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq.

Harvard

World Bank (2026) Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS), Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS, via Invokely: https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq (Accessed: 18 October 2026).

BibTeX
@misc{world_gross_fixed_capital_formation_2024,
  author = {{World Bank}},
  title = {{Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS): Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq. Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (\% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS): Gross fixed capital formation, share of GDP, Iraq, 1970 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS
L2  - https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/gross-fixed-capital-formation-gdp/iraq.
N1  - Publisher attribution: World Bank, World Development Indicators. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). https://data.worldbank.org/indicator/NE.GDI.FTOT.ZS. Retrieved 2026-10-18. Licensed under CC BY 4.0.
ER  -
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Questions

What is the gross fixed capital formation, share of GDP in Iraq?

Gross fixed capital formation, share of GDP in Iraq was 14.4% of GDP in 2024, according to the World Bank. That is up 1.9 pts from 2023. That is the 147th highest of 164 countries in 2024.

Where does this figure come from?

World Bank. Gross fixed capital formation (% of GDP) (NE.GDI.FTOT.ZS). Retrieved by Invokely on 2026-10-18.

What was the highest gross fixed capital formation, share of GDP in Iraq?

51.4% of GDP in 1982, the highest value since 1970 in this series.

Gross fixed capital formation, share of GDP in other countries

Related statistics for Iraq

All statistics for Iraq | Iraq in figures