Iraq: Savings, percent of GDP

* indicates monthly or quarterly data series
 Iraq

Savings as percent of GDP

 Latest value 40.51
 Year 2021
 Measure percent
 Data availability 2005 - 2021
 Average 37.97
 Min - Max 24.03 - 52.51
 Source The World Bank
The latest value from 2021 is 40.51 percent, an increase from 24.03 percent in 2020. In comparison, the world average is 22.95 percent, based on data from 151 countries. Historically, the average for Iraq from 2005 to 2021 is 37.97 percent. The minimum value, 24.03 percent, was reached in 2020 while the maximum of 52.51 percent was recorded in 2008. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Iraq - Savings, percent of GDP - Recent values chart

Historical series
Iraq - Savings, percent of GDP - historical chart - 2005-2021




The savings in Iraq and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.

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 Related indicators Latest Reference Measure
 Share of industry 55.58 2023 percent
 Share of manufacturing 3.57 2023 percent
 Share of services 42.26 2023 percent
 Industry value added 139.43 2023 billion U.S. dollars
 Manufacturing value added 8.95 2023 billion U.S. dollars
 Services value added 106.00 2023 billion U.S. dollars
 Savings, percent of GDP 40.51 2021 percent
 Savings, in dollars 150.68 2022 billion U.S. dollars
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