Iraq—GDP Deflator (%)
Iraq's gdp deflator (%) was 4.4% in 2024, ranking #92 out of 209 countries. This represents a +128.1% change from 2023. Over the past 25 years, the highest recorded value was 38.9% (2021) and the lowest was -28.8% (2015). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 4.4% | +128.1% |
| 2023 | -15.5% | -157.7% |
| 2022 | 26.9% | -30.7% |
| 2021 | 38.9% | +446.7% |
| 2020 | -11.2% | -319.5% |
| 2019 | -2.7% | -114.7% |
| 2018 | 18.2% | +24.3% |
| 2017 | 14.7% | +231.9% |
| 2016 | -11.1% | +61.4% |
| 2015 | -28.8% | -498.3% |
| 2014 | -4.8% | -42313.3% |
| 2013 | -0.0% | -100.4% |
| 2012 | 2.7% | -89.2% |
| 2011 | 24.7% | +48.9% |
| 2010 | 16.6% | +185.0% |
| 2009 | -19.5% | -164.7% |
| 2008 | 30.2% | +109.0% |
| 2007 | 14.4% | -37.4% |
| 2006 | 23.1% | -35.7% |
| 2005 | 35.9% | +107.1% |
| 2004 | 17.3% | +24.9% |
| 2003 | 13.9% | +69.6% |
| 2002 | 8.2% | +142.7% |
| 2001 | -19.2% | -177.4% |
| 2000 | 24.7% |
Top Countries — GDP Deflator (%)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Zimbabwe | 1097.2% | 2024 |
| 2 | Sudan | 243.9% | 2024 |
| 3 | Argentina | 207.6% | 2024 |
| 4 | Lebanon | 202.9% | 2023 |
| 5 | Syrian Arab Republic | 112.1% | 2022 |
| 6 | Turkiye | 59.3% | 2024 |
| 7 | Venezuela, RB | 54.7% | 2024 |
| 8 | Egypt, Arab Rep. | 33.7% | 2024 |
| 9 | Cuba | 32.2% | 2024 |
| 10 | Iran, Islamic Rep. | 28.4% | 2024 |
About This Indicator
Definition
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.
Methodology
Data compiled by 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).