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Economy > National accounts > Local currency at current prices Stats: compare key data on Iraq & Sudan

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Definitions

  • Aggregate indicators > GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Aggregate indicators > GNI > Current LCU: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • Aggregate indicators > Gross value added at factor cost: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency."
  • Aggregate indicators > Net income from abroad > Current: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency."
  • Aggregate indicators > Net taxes on products > Current : Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency."
  • Value added > Agriculture > Value added > Current LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Industry > Value added > Current LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Manufacturing > Value added > Current LCU: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Value added > Services > Etc. > Value added > Current LCU: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
STAT Iraq Sudan HISTORY
Aggregate indicators > GDP > Current LCU 77.03 trillion
Ranked 7th. 612 times more than Sudan
125.77 billion
Ranked 115th.

Aggregate indicators > GNI > Current LCU 72.35 trillion
Ranked 7th. 639 times more than Sudan
113.29 billion
Ranked 111th.

Aggregate indicators > Gross value added at factor cost 30.13 trillion
Ranked 8th. 255 times more than Sudan
118.11 billion
Ranked 80th.

Aggregate indicators > Net income from abroad > Current 0.0
Ranked 34th.
-12,480,376,136.54
Ranked 81st.

Aggregate indicators > Net taxes on products > Current -5,326,054,000,000
Ranked 155th.
7.65 billion
Ranked 76th.

Value added > Agriculture > Value added > Current LCU 2.58 trillion
Ranked 16th. 74 times more than Sudan
35.07 billion
Ranked 61st.

Value added > Industry > Value added > Current LCU 21.13 trillion
Ranked 5th. 688 times more than Sudan
30.72 billion
Ranked 85th.

Value added > Manufacturing > Value added > Current LCU 514.3 billion
Ranked 32nd. 64 times more than Sudan
8.08 billion
Ranked 90th.

Value added > Services > Etc. > Value added > Current LCU 6.41 trillion
Ranked 15th. 123 times more than Sudan
52.32 billion
Ranked 83th.

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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