Inflation, GDP deflator: linked series (annual %) in Iraq
Iraq: Inflation, GDP deflator: linked series (annual %) 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 211th of 214 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 (annual %) 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% |
Iraq compared with similar countries
- Iraq's -7.0% is below the median for upper middle income countries, which is 3.3%. (59 countries reporting)
- Iraq's -7.0% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%. (23 countries reporting)
Biggest year-on-year movements
Years where Inflation, GDP deflator: linked series (annual %) in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | -42313.2% | -0.0% | -4.8% |
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
- 208 East Timor -4.7% compare
- 209 Brunei -4.7% compare
- 210 Kuwait -5.0% compare
- 212 Guyana -7.9% compare
- 213 Afghanistan -8.3% compare
- 214 Liechtenstein -9.9% compare
More financial sector data for Iraq
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 8.44 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 6.17 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 8.44 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (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 211th out of 214 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.
Download this data
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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.