Annual inflation, consumer prices in Iraq
Iraq: Annual inflation, consumer prices was -12.3% in 2024. ◆ Volatile
Annual inflation, consumer prices in Iraq, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual inflation, consumer prices in Iraq stood at -12.3%. That is the lowest value across all 25 years on record.
That represents a change of down 382.1% on the previous year and down 650.0% over ten years.
Over the whole period, annual inflation, consumer prices in Iraq peaked at 53.2% in 2006 and was at its lowest, -12.3%, in 2024.
Iraq ranks 203rd of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Iraq, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.0% | — |
| 2001 | 16.4% | +228.9% |
| 2002 | 19.3% | +18.0% |
| 2003 | 33.6% | +74.0% |
| 2004 | 27.0% | -19.8% |
| 2005 | 37.0% | +37.1% |
| 2006 | 53.2% | +44.0% |
| 2007 | -10.1% | -118.9% |
| 2008 | 12.7% | -225.8% |
| 2009 | 6.9% | -45.7% |
| 2010 | 2.9% | -58.1% |
| 2011 | 5.8% | +101.6% |
| 2012 | 6.1% | +5.0% |
| 2013 | 1.9% | -69.1% |
| 2014 | 2.2% | +19.0% |
| 2015 | 1.4% | -37.7% |
| 2016 | 0.6% | -60.1% |
| 2017 | 0.2% | -66.9% |
| 2018 | 0.4% | +99.6% |
| 2019 | -0.2% | -154.1% |
| 2020 | 0.6% | -388.6% |
| 2021 | 6.0% | +952.3% |
| 2022 | 5.0% | -17.3% |
| 2023 | 4.4% | -12.7% |
| 2024 | -12.3% | -382.1% |
Iraq compared with similar countries
- Iraq's -12.3% is below the median for upper middle income countries, which is 3.1%. (52 countries reporting)
- Iraq's -12.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.1%. (21 countries reporting)
Biggest year-on-year movements
Years where Annual inflation, consumer prices 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 |
|---|---|---|---|
| 2021 | +952.3% | 0.6% | 6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.1% | -10.1% | 53.2% | 10 |
| 2010s | 2.1% | -0.2% | 6.1% | 10 |
| 2020s | 0.7% | -12.3% | 6.0% | 5 |
Countries ranked near Iraq
- 200 Barbados -0.4% compare
- 201 Cayman Islands -0.6% compare
- 202 Afghanistan -6.6% compare
More development goals data for Iraq
- Red List Index 0.8093 index (2025)
- Number of refugees per 100,000 population, by country of origin 618.9 per 100,000 people (2025)
- Manufacturing value added per capita 274.76 constant US$ (2025)
- Number of transboundary breeds 16 (2025)
- Number of transboundary breeds (not extinct) 8 (2025)
- Number of transboundary breeds with unknown risk status 5 (2025)
- Number of local breeds with unknown risk status 22 (2025)
- Number of local breeds (not extinct) 22 (2025)
- Number of local breeds kept in the country 29 (2025)
- Infant deaths 23,456 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Iraq?
- Annual inflation, consumer prices in Iraq was -12.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Iraq?
- The highest recorded value was 53.2% in 2006.
- What is the lowest annual inflation, consumer prices recorded in Iraq?
- The lowest recorded value was -12.3% in 2024.
- How does Iraq rank for annual inflation, consumer prices?
- Iraq ranks 203rd out of 203 countries with data for 2024.
- Is annual inflation, consumer prices rising or falling in Iraq?
- Over the last ten years it is down 650.0%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).