
Iraq: Household consumption, in dollars
* indicates monthly or quarterly data series
Iraq |
Household consumption, billion USD |
---|---|
Latest value | 91.17 |
Year | 2022 |
Measure | billion U.S. dollars |
Data availability | 1970 - 2022 |
Average | 33.91 |
Min - Max | 0.30 - 100.39 |
Source | The World Bank |
The latest value from 2022 is 91.17 billion U.S. dollars, an increase from 84.6 billion U.S. dollars in 2021. In comparison, the world average is 338.87 billion U.S. dollars, based on data from 162 countries. Historically, the average for Iraq from 1970 to 2022 is 33.91 billion U.S. dollars. The minimum value, 0.3 billion U.S. dollars, was reached in 1992 while the maximum of 100.39 billion U.S. dollars was recorded in 2019.
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* indicates monthly or quarterly data series
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Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Capital investment, percent of GDP | 21.43 | 2021 | percent |
Capital investment, in dollars | 63.83 | 2022 | billion U.S. dollars |
Household consumption, percent of GDP | 31.81 | 2022 | percent |
Household consumption, in dollars | 91.17 | 2022 | billion U.S. dollars |