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Iraq - Average consumer prices inflation rate

0.1 (%) in 2017

In 2017, inflation rate for Iraq was 0.1 %. Though Iraq inflation rate fluctuated substantially in recent years, it tended to decrease through 2008 - 2017 period ending at 0.1 % in 2017.

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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. Data for inflation are averages for the year, not end-of-period data.

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Date Value Change, %
2017 0.1 -67.87 %
2016 0.4 -68.27 %
2015 1.4 -37.70 %
2014 2.2 19.00 %
2013 1.9 -69.14 %
2012 6.1 8.65 %
2011 5.6 129.20 %
2010 2.4 -211.44 %
2009 -2.2 -182.23 %
2008 2.7 -91.34 %
2007 30.8 -42.12 %
2006 53.2