Inflation rate in Iraq: 0.3% in 2025, ranking 157th of 176 countries. In 2010 it was 2.4%.
Data last updated · Period: 2010–2025
Understanding the chart
The line chart above tracks inflation rate in Iraq for each year from 2010 to 2025, 16 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in annual %. A dashed line marks zero, and the 1 years below zero are shown in red. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2025 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2025, Iraq's inflation fell from 2.4% to 0.3%, a fall of 2.1 percentage points.
- The highest value in this period was 6.1% in 2012; the lowest was -0.2% in 2019.
- Recently, the figure has fallen in each of the last two years (2024: 2.6%; 2025: 0.3%).
- The value was negative in 1 of the 16 years shown.
- That is 2.7 percentage points below the world figure of 3.0%.
- Iraq has the 157th-highest value of 176 countries with recent data.
- In Western Asia, Iraq has the 14th-highest value of 16 countries with recent data; the highest is Türkiye (34.9%), and the typical (median) value is 2.2%.
Analysis
Averaged over periods, the figure was 3.6% in 2010 to 2014, 0.5% in 2015 to 2019 and 3.1% in 2020 onwards. The value went up in 6 of the 15 year-to-year steps and down in 9. The biggest one-year rise came in 2021 (+5.5 percentage points). The biggest one-year fall came in 2013 (−4.2 percentage points). Year to year, the figure typically varied by about 2.2 percentage points around its average of 2.5%, a moderately variable pattern.
What it means
Inflation in this range is close to the 2 to 4% most central banks aim for, which makes costs and prices in Iraq relatively predictable for businesses. Compared with its neighbours in Western Asia, where the typical value is 2.2%, Iraq is 1.9 percentage points lower.
Related figures
- Inflation, consumer prices (annual %) by country, 2025: 219.9% (highest: Argentina). The yearly change in the cost of a typical basket of goods and services bought by households.
- Inflation rate in United Arab Emirates, 2010–2025: 1.3% (Inflation, 2025 · 136th of 176). Inflation rate in United Arab Emirates: 1.3% in 2025, ranking 136th of 176 countries.
- Inflation rate in Armenia, 2010–2025: 3.3% (Inflation, 2025 · 81st of 176). Inflation rate in Armenia: 3.3% in 2025, ranking 81st of 176 countries.
About this statistic
The yearly change in the cost of a typical basket of goods and services bought by households. High inflation raises costs and makes pricing and planning harder. Very low or negative inflation can signal weak demand.
For businesses, the size and growth of an economy shape demand: faster growth usually means rising incomes, more customers and more investment, while high inflation raises costs and makes planning harder. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the inflation rate in Iraq?
0.3% (Inflation, 2025 · 157th of 176). Inflation rate in Iraq: 0.3% in 2025, ranking 157th of 176 countries. In 2010 it was 2.4%.
How has inflation in Iraq changed since 2010?
Between 2010 and 2025, Iraq's inflation fell from 2.4% to 0.3%, a fall of 2.1 percentage points. The highest value in this period was 6.1% in 2012; the lowest was -0.2% in 2019.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2025. The yearly change in the cost of a typical basket of goods and services bought by households. High inflation raises costs and makes pricing and planning harder. Very low or negative inflation can signal weak demand.
Data
| Year | Inflation, consumer prices (annual %) |
|---|---|
| 2010 | 2.4% |
| 2011 | 5.6% |
| 2012 | 6.1% |
| 2013 | 1.9% |
| 2014 | 2.2% |
| 2015 | 1.4% |
| 2016 | 0.6% |
| 2017 | 0.2% |
| 2018 | 0.4% |
| 2019 | -0.2% |
| 2020 | 0.6% |
| 2021 | 6.0% |
| 2022 | 5.0% |
| 2023 | 4.4% |
| 2024 | 2.6% |
| 2025 | 0.3% |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2025. Coverage: Iraq.
The yearly change in the cost of a typical basket of goods and services bought by households. High inflation raises costs and makes pricing and planning harder. Very low or negative inflation can signal weak demand.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Inflation, consumer prices (annual %) by country, 2025
- Inflation rate in United Arab Emirates, 2010–2025
- Inflation rate in Armenia, 2010–2025
- Inflation rate in Azerbaijan, 2010–2025
- Inflation rate in Bahrain, 2010–2025
- GDP of Iraq, 2010–2025
- Economic growth (GDP growth) in Iraq, 2010–2025
- GDP per person in Iraq, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Iraq, 2010–2024
All Iraq data: economy, people, jobs and digital in one place
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