Iraq IQ: GDP: Growth: Gross Value Added: Services

1969 - 2016 | Yearly | % | World Bank

Iraq IQ: GDP: Growth: Gross Value Added: Services data was reported at -7.229 % in 2016. This records a decrease from the previous number of 2.445 % for 2015. Iraq IQ: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 4.301 % from Dec 1969 to 2016, with 48 observations. The data reached an all-time high of 85.065 % in 2004 and a record low of -49.473 % in 1991. Iraq IQ: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iraq – Table IQ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

View Iraq's Iraq IQ: GDP: Growth: Gross Value Added: Services from 1969 to 2016 in the chart:

Iraq Iraq IQ: GDP: Growth: Gross Value Added: Services

What was Iraq's Iraq IQ: GDP: Growth: Gross Value Added: Services in 2016?

Last Previous Min Max Unit Frequency Range
-7.23 2016 2.44 2015 -49.47 1991 85.07 2004 % yearly 1969 - 2016

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Iraq Key Series

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 13,943.870 2027 yearly 2003 - 2027
Forecast: Nominal GDP Per Capita (USD) 6,448.270 2027 yearly 2003 - 2027
Forecast: Real GDP Growth (%) 2.625 2027 yearly 1999 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (IQD bn) 179,493.930 2028 yearly 2004 - 2028
Forecast: Government Net Debt (IQD bn) 335,546.530 2028 yearly 2004 - 2028
Forecast: Government Revenue (IQD bn) 140,814.120 2028 yearly 2004 - 2028
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 49.280 2028 yearly 2003 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 2005 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -24.042 2028 yearly 2001 - 2028

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