Home Iraq Prices & Inflation Inflation Rate

Iraq Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

1.53% +13.83pp (+112.5%)
Year 2025 Rank #156 Global Peak 448.50% (1994) Source World Bank

Iraq Inflation Rate (1960–2025)

Overview

Iraq's inflation rate stood at 1.53% in 2025, a rise of +13.83pp from 2024. The IMF projects 1.53% by 2025. Iraq ranked 156th globally.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 3.58% - -
2029* IMF 3.48% - -
2028* IMF 3.43% - -
2027* IMF 3.38% - -
2026* IMF 2.50% - -
2025* IMF 1.53% - -
2025 1.53% +13.83pp #156
2024 -12.30% −16.71pp #1
2023 4.36% −0.63pp #67
2022 4.99% −1.05pp #40
2021 6.04% +5.47pp #145
2020 0.57% +0.77pp #57
2019 -0.20% −0.55pp #14
2018 0.37% +0.17pp #12
2017 0.18% −0.27pp #11
2016 0.56% −0.84pp #66
2015 1.39% −0.84pp #98
2014 2.24% +0.36pp #100
2013 1.88% −4.21pp #77
2012 6.09% +0.49pp #147
2011 5.80% +3.37pp #127
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +51.0% GDP growth 8.0% C/A balance 20.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Iraq matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iraq's inflation rate?

Iraq's inflation rate was 1.53% in 2025. Ranked 156th globally. This represents a 112.5% increase from the previous year.

What was the highest inflation rate in Iraq?

Iraq's inflation rate peaked at 448.50% in 1994.

What was the lowest inflation rate in Iraq?

The lowest inflation rate in Iraq was -16.12% in 1996.

How does Iraq rank in inflation rate?

Iraq ranks 156th globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Iraq in 2025?

Iraq's inflation rate is projected to reach 1.53% by 2025 based on IMF projection.

What is the inflation rate of Iraq in 2025?

The inflation rate of Iraq in 2025 was 1.53%. This ranks 156th in the world.

Cite this page

APA
Iraq Inflation Rate. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/iraq/inflation-rate
BibTeX
@misc{historysaid_iraq_inflation-rate, title = {Iraq Inflation Rate}, url = {https://historysaid.com/iraq/inflation-rate}, publisher = {HistorySaid}, year = {2026} }