Iraq's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) was 5,661 in 2024, the latest year in the World Bank's World Development Indicators. That is down 0.62% from 5,697 in 2014 (0.06% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 5,661 | 2024 |
| Five years earlier | 5,337 | 2019 |
| Ten years earlier | 5,697 | 2014 |
| Highest | 5,828 | 2012 |
| Lowest | 4,081 | 2008 |
| Average since 2015 | 5,249 | 2015–2024 |
| First recorded | 4,104 | 2007 |
What the numbers say
In 2024, Iraq's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) rose 573.4 on 2023 (from 5,088 to 5,661).
Across the 16 yearly changes before that (2008 to 2023), the average change was +61.52 and a typical year strayed about 374.32 from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 961.46 in 2009 and the biggest yearly fall was 404.08 in 2020. 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 21st 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.
| Value | Year | |
|---|---|---|
| Iraq | 5,661 | 2024 |
| World | 11,301 | 2024 |
| Upper middle income | 9,892 | 2024 |
Closest to Iraq in the 2024 ranking
What this measures
This indicator provides values for final consumption expenditure per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 18 values
| Year | Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) |
|---|---|
| 2024 | 5,661 |
| 2023 | 5,088 |
| 2022 | 4,964 |
| 2021 | 4,948 |
| 2020 | 4,933 |
| 2019 | 5,337 |
| 2018 | 5,376 |
| 2017 | 5,382 |
| 2016 | 5,410 |
| 2015 | 5,391 |
Households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) in nearby economies
- Algeria — 6,671 (2025)
- Bahrain — 20,401 (2024)
- Djibouti — 5,213 (2025)
- Egypt, Arab Rep. — 14,254 (2025)
- Iran, Islamic Rep. — 7,324 (2025)
- Israel — 21,419 (2025)
- Kuwait — 19,705 (2024)
More economic policy & debt data for Iraq
- Total reserves, including gold (current US$) — 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
Questions people ask
- What is Iraq's households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $)?
- 5,661 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is up 37.96% from 4,104 in 2007 (1.91% a year on average, compounded). The highest value was 5,828 in 2012 and the lowest 4,081 in 2008.
- How does Iraq rank?
- 21st highest of 29 economies with data for 2024.
- Is the latest change in households and NPISHs Final consumption expenditure per capita, PPP (constant 2021 international $) unusual for Iraq?
Source
World Bank, World Development Indicators, indicator NE.CON.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/databrowser/explore/all/al… 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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