Iraq — Inflation
Inflation, Consumer Prices (Annual %) for Iraq, 1960–2025.
Latest value · 2025
0.30%
Inflation, Consumer Prices (Annual %) · annual % · -91.3% since 1960
Inflation for Iraq was 0.30% in 2025, according to the latest World Bank data. The series covers 54 years, from 1960 to 2025. The highest recorded value was 448.50% in 1994. The lowest was -16.12% in 1996 (about -53.1× the latest value). Across that span the compound annual growth rate works out to -3.68% per year.
Iraq ranks 168 of 187 economies on this measure (1 = highest), putting it in the top 90%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.08%, so Iraq sits below it. It peaked in 1994 and has fallen 100% since. Over the last decade (2015–2025) the figure moved down 78%.
Key figures
Latest (2025)
0.30%
First (1960)
3.48%
Change
-91.3%
Highest
448.50%
in 1994
Lowest
-16.12%
in 1996
Average
30.87%
Annual growth (CAGR)
-3.68%
Years of data
54
Recent years
| Year | annual % |
|---|---|
| 2025 | 0.3% |
| 2024 | 2.61% |
| 2023 | 4.36% |
| 2022 | 4.99% |
| 2021 | 6.04% |
| 2020 | 0.57% |
| 2019 | -0.2% |
| 2018 | 0.37% |
| 2017 | 0.18% |
| 2016 | 0.56% |
| 2015 | 1.39% |
| 2014 | 2.24% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.