Iraq: Exports of goods and services (annual % growth)

Key figures

What the numbers say

In 2024, Iraq's exports of goods and services (annual % growth) fell 5.35 percentage points on 2023 (from 12.08% to 6.73%).

Across the 15 yearly changes before that (2009 to 2023), the average change was −0.37 percentage points and a typical year strayed about 16.41 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 22.98 percentage points in 2015 and the biggest yearly fall was 35.32 percentage points in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 7% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Iraq had the 11th highest value of the 29 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Iraq in the 2024 ranking

• Tonga — 8th of 29: 9.02%
• Vanuatu — 9th of 29: 8.26%
• Solomon Islands — 10th of 29: 7.83%
• Bahamas, The — 12th of 29: 6.18%
• Belize — 13th of 29: 5.97%
• Maldives — 14th of 29: 5.18%

What this measures

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 17 values

Exports of goods and services (annual % growth) in nearby economies

• Algeria — 2.51% (2025)
• Bahrain — 1.9% (2024)
• Djibouti — -1.5% (2025)
• Egypt, Arab Rep. — 23.67% (2025)
• Iran, Islamic Rep. — -0.63% (2025)
• Israel — 5.71% (2025)
• Kuwait — -3.2% (2024)
• Lebanon — -9.7% (2024)
• Libya — 19.14% (2025)
• Malta — 4.55% (2025)

More economic policy & debt data for Iraq

• Total reserves, including gold (current US$) — US$98.45 billion (2025)
• Total reserves, excluding gold (current US$) — US$73.93 billion (2025)
• GDP (current US$) — US$254.37 billion (2025)
• GDP (current LCU) — 330.68 trillion (2025)
• GDP (constant 2015 US$) — US$188.32 billion (2025)
• GDP (constant LCU) — 207.34 trillion (2025)
• GDP per capita (current US$) — US$5,410 (2025)
• GDP per capita (current LCU) — 7.03 million (2025)
• GDP per capita (constant 2015 US$) — US$4,005 (2025)
• GDP per capita (constant LCU) — 4.41 million (2025)
• GNI (current US$) — US$254.8 billion (2025)

Reading data like this

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Questions people ask

What is Iraq's exports of goods and services (annual % growth)?

6.73% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2008?

It is down 10.84 percentage points from 17.56% in 2008. The highest value was 34.46% in 2015 and the lowest -14.97% in 2021.

How does Iraq rank?

11th highest of 29 economies with data for 2024.

Is the latest change in exports of goods and services (annual % growth) unusual for Iraq?

In 2024, Iraq's exports of goods and services (annual % growth) fell 5.35 percentage points on 2023 (from 12.08% to 6.73%). Across the 15 yearly changes before that (2009 to 2023), the average change was −0.37 percentage points and a typical year strayed about 16.41 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.EXP.GNFS.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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