Iraq Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Iraq inflation rate for 2022 was 4.99%, a 1.05% decline from 2021.
- Iraq inflation rate for 2021 was 6.04%, a 5.47% increase from 2020.
- Iraq inflation rate for 2020 was 0.57%, a 0.77% increase from 2019.
- Iraq inflation rate for 2019 was -0.20%, a 0.57% decline from 2018.
| Iraq Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2022 |
4.99% |
-1.05% |
| 2021 |
6.04% |
5.47% |
| 2020 |
0.57% |
0.77% |
| 2019 |
-0.20% |
-0.57% |
| 2018 |
0.37% |
0.18% |
| 2017 |
0.18% |
-0.37% |
| 2016 |
0.56% |
-0.84% |
| 2015 |
1.39% |
-0.84% |
| 2014 |
2.24% |
0.36% |
| 2013 |
1.88% |
-4.21% |
| 2012 |
6.09% |
0.29% |
| 2011 |
5.80% |
2.92% |
| 2010 |
2.88% |
-4.00% |
| 2009 |
6.87% |
-5.79% |
| 2008 |
12.66% |
22.73% |
| 2007 |
-10.07% |
-63.30% |
| 2006 |
53.23% |
16.27% |
| 2005 |
36.96% |
10.00% |
| 2004 |
26.96% |
-6.65% |
| 2003 |
33.62% |
14.30% |
| 2002 |
19.32% |
2.94% |
| 2001 |
16.37% |
11.40% |
| 2000 |
4.98% |
-7.60% |
| 1999 |
12.58% |
-2.19% |
| 1998 |
14.77% |
-8.29% |
| 1997 |
23.06% |
39.18% |
| 1996 |
-16.12% |
-403.43% |
| 1995 |
387.31% |
-61.19% |
| 1994 |
448.50% |
240.81% |
| 1993 |
207.69% |
124.08% |
| 1992 |
83.62% |
-97.34% |
| 1991 |
180.95% |
176.34% |
| 1978 |
4.61% |
-4.56% |
| 1977 |
9.17% |
-3.66% |
| 1976 |
12.82% |
3.31% |
| 1975 |
9.52% |
1.82% |
| 1974 |
7.70% |
2.81% |
| 1973 |
4.89% |
-0.30% |
| 1972 |
5.19% |
1.59% |
| 1971 |
3.60% |
-0.76% |
| 1970 |
4.36% |
-1.38% |
| 1969 |
5.74% |
3.54% |
| 1968 |
2.20% |
-1.09% |
| 1967 |
3.29% |
1.31% |
| 1966 |
1.98% |
2.44% |
| 1965 |
-0.46% |
-0.37% |
| 1964 |
-0.09% |
-4.05% |
| 1963 |
3.96% |
2.66% |
| 1962 |
1.29% |
0.38% |
| 1961 |
0.92% |
-2.56% |
| 1960 |
3.48% |
-2.56% |
