Inflation, GDP deflator: linked series in Iraq
Iraq: Inflation, GDP deflator: linked series was -7.0% in 2025. ◆ Volatile
Inflation, GDP deflator: linked series in Iraq, 1990–2025
Source: Staff estimates, World Bank (WB). Measured in annual %.
Analysis
Iraq recorded -7.0% for inflation, gdp deflator: linked series in 2025.
The figure is down 261.0% on the previous year and up 75.5% over ten years.
Over the whole period, inflation, gdp deflator: linked series in Iraq peaked at 396.4% in 1994 and was at its lowest, -28.8%, in 2015.
Iraq ranks 209th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator: linked series in Iraq, year by year
| Year | annual % | Change |
|---|---|---|
| 1990 | 73.6% | — |
| 1991 | 111.1% | +50.9% |
| 1992 | 104.5% | -6.0% |
| 1993 | 114.5% | +9.5% |
| 1994 | 396.4% | +246.3% |
| 1995 | 295.4% | -25.5% |
| 1996 | -12.5% | -104.2% |
| 1997 | 91.5% | -829.4% |
| 1998 | -16.0% | -117.4% |
| 1999 | 71.2% | -546.1% |
| 2000 | 24.7% | -65.2% |
| 2001 | -19.2% | -177.4% |
| 2002 | 8.2% | -142.7% |
| 2003 | 13.9% | +69.6% |
| 2004 | 17.3% | +24.9% |
| 2005 | 35.9% | +107.1% |
| 2006 | 23.1% | -35.7% |
| 2007 | 14.4% | -37.4% |
| 2008 | 30.2% | +109.0% |
| 2009 | -19.5% | -164.7% |
| 2010 | 16.6% | -185.0% |
| 2011 | 24.7% | +48.9% |
| 2012 | 2.7% | -89.2% |
| 2013 | -0.0% | -100.4% |
| 2014 | -4.8% | +42313.2% |
| 2015 | -28.8% | +498.3% |
| 2016 | -11.1% | -61.4% |
| 2017 | 14.7% | -231.9% |
| 2018 | 18.2% | +24.3% |
| 2019 | -2.7% | -114.7% |
| 2020 | -11.2% | +319.5% |
| 2021 | 38.9% | -446.7% |
| 2022 | 26.9% | -30.7% |
| 2023 | -15.5% | -157.7% |
| 2024 | 4.4% | -128.1% |
| 2025 | -7.0% | -261.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 123.0% | -16.0% | 396.4% | 10 |
| 2000s | 12.9% | -19.5% | 35.9% | 10 |
| 2010s | 2.9% | -28.8% | 24.7% | 10 |
| 2020s | 6.1% | -15.5% | 38.9% | 6 |
Countries ranked near Iraq
- 206 East Timor -4.7% compare
- 207 Brunei -4.7% compare
- 208 Kuwait -5.0% compare
- 210 Guyana -7.9% compare
- 211 Afghanistan -8.3% compare
- 212 Liechtenstein -9.9% compare
More financial sector data for Iraq
- Net domestic credit (current LCU), per capita 1.71 million current LCU per person (2024)
- Net domestic credit (current LCU), per unit of GDP 280.79 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 41.67 % change on previous year (2024)
- Gold reserves at 35 SDRs per ounce 196.49 million SDR (2025)
- Gold reserves at market value 17.90 billion SDR (2025)
- Reserves excluding gold, foreign exchange 53.46 billion SDR (2025)
- Reserves excluding gold 53.98 billion SDR (2025)
- Total reserves (gold at market value) 71.89 billion SDR (2025)
- Total reserves (gold at national valuation) 71.67 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,524 SDR per person (2025)
Frequently asked questions
- What is inflation, gdp deflator: linked series in Iraq?
- Inflation, gdp deflator: linked series in Iraq was -7.0% in 2025, according to Staff estimates, World Bank (WB).
- What is the highest inflation, gdp deflator: linked series recorded in Iraq?
- The highest recorded value was 396.4% in 1994.
- What is the lowest inflation, gdp deflator: linked series recorded in Iraq?
- The lowest recorded value was -28.8% in 2015.
- How does Iraq rank for inflation, gdp deflator: linked series?
- Iraq ranks 209th out of 212 countries with data for 2025.
- Is inflation, gdp deflator: linked series rising or falling in Iraq?
- Over the last ten years it is up 75.5%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Inflation, GDP deflator: linked series (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.