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Iraq PPP Conversion Factor

PPP conversion factor, GDP  PA.NUS.PPP

586.78 +40.91 (+7.5%)
Year 2025 Rank #21 Global Peak 657.01 (2022) Source World Bank

Iraq PPP Conversion Factor (1991–2025)

Overview

Iraq's ppp conversion factor stood at 586.78 in 2025, a rise of +40.91 from 2024. Based on recent trends, this figure is projected to reach 586.78 by 2025. Iraq ranked 21st globally.

Data & projection

Year PPP Conversion Factor YoY change Rank
2027* trend 607.67 - -
2026* trend 597.22 - -
2025* trend 586.78 - -
2025 586.78 +40.91 #21
2024 545.87 +10.21 #170
2023 535.67 −121.34 #178
2022 657.01 +102.54 #180
2021 554.47 +70.20 #182
2020 484.26 −63.07 #181
2019 547.34 −7.62 #181
2018 554.96 +2.06 #181
2017 552.90 −10.91 #183
2016 563.81 +8.55 #183
2015 555.27 +1.91 #184
2014 553.36 +24.73 #184
2013 528.64 +4.13 #183
2012 524.50 +1.16 #184
2011 523.34 +94.97 #185
Show all years (1991-2025)
* Linear trend extrapolation

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 ppp conversion factor improve within 24 months. View full analysis →

Frequently Asked Questions

What is Iraq's ppp conversion factor?

Iraq's ppp conversion factor was 586.78 in 2025. Ranked 21st globally. This represents a 7.5% increase from the previous year.

What was the highest ppp conversion factor in Iraq?

Iraq's ppp conversion factor peaked at 657.01 in 2022.

What was the lowest ppp conversion factor in Iraq?

The lowest ppp conversion factor in Iraq was 0.89 in 1991.

How does Iraq rank in ppp conversion factor?

Iraq ranks 21st globally in ppp conversion factor as of 2025.

What is the World Bank indicator code for ppp conversion factor?

The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.

What is the projected ppp conversion factor of Iraq in 2025?

Iraq's ppp conversion factor is projected to reach 586.78 by 2025 based on trend extrapolation.

What is the ppp conversion factor of Iraq in 2025?

The ppp conversion factor of Iraq in 2025 was 586.78. This ranks 21st in the world.

Cite this page

APA
Iraq PPP Conversion Factor. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/iraq/ppp-conversion-factor
BibTeX
@misc{historysaid_iraq_ppp-conversion-factor, title = {Iraq PPP Conversion Factor}, url = {https://historysaid.com/iraq/ppp-conversion-factor}, publisher = {HistorySaid}, year = {2026} }