Economy of Iraq. Statistics, Data and Indicators
Iraq
| 25B- | Credit rank #100 |
| N/A | Quality of life # |
| 157 | Corruption rank#153 |
| 172 | Ease of doing business#150 |
Iraq Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 208 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.9 % | 2021 |
| GDP per capita | 4448 USD | 2020 |
| Inflation Rate YoY | 5.4 % | May/22 |
| Interest Rate | 4 % | May/22 |
| Unemployment Rate | 13.74 % | 2020 |
| Balance of Trade | 10065 USD Million | 10.065 B USD | 2021 |
| Current Account | 5665 USD Million | 5.665 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 208 USD Billion | 2021 |
| GDP Annual Growth Rate | 5.9 % | 2021 |
| GDP per capita | 4448 USD | 2020 |
| Gross National Product | 224153536 IQD Million | 188.66 B USD | 2014 |
| GDP per capita PPP | 10409 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 59.3 % | 2021 |
| Government Budget Value | 7120385 IQD Million | 4.877 USD Billion | Nov/21 |
| Government Revenues | 94038464 IQD Million | 64.416 USD Billion | Nov/21 |
| Fiscal Expenditure | 86918080 IQD Million | 59.539 B USD | Nov/21 |
| Government Budget to GDP | 1.9 % | 2021 |
| Military Expenditure | 6994 USD Million | 6.994 B USD | 2020 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 116 index points | Apr/22 |
| Food Inflation | 8.54 % | May/22 |
| Inflation Rate YoY | 5.4 % | May/22 |
| Core Consumer Prices | 117 Index Points | Apr/22 |
| Core Inflation Rate | 4.6 % | Apr/22 |
| CPI Housing Utilities | 118 Index Points | May/22 |
| CPI Transportation | 113 Index Points | May/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 5.9 % | 2021 |
| Balance of Trade | 10065 USD Million | 10.065 USD Billion | 2021 |
| Current Account | 5665 USD Million | 5.665 B USD | 2021 |
| Exports | 20660 USD Million | 20.66 USD Billion | 2021 |
| Imports | 10595 USD Million | 10.595 USD Billion | 2021 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 96.42 Tonnes | 1Q/22 |
| Interest Rate | 4 % | May/22 |
| Money Supply M0 | 114738 IQD Billion | 78.595 USD Billion | Apr/22 |
| Money Supply M1 | 26979 IQD Billion | 18.481 USD Billion | May/22 |
| Money Supply M2 | 146300 IQD Billion | 100.215 USD Billion | Apr/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 13.74 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 35 % | 2021 |
| Personal Income Tax Rate | 15 % | 2021 |
| Social Security Rate | 17 % | 2021 |
| Social Security Rate For Companies | 12 % | 2021 |
| Social Security Rate For Employees | 5 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 4470 BBL/D/1K | May/22 |
| Industrial Production | -22.5 % | 1Q/20 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 23 index points | 2021 |
| Corruption Rank | 157 place | 2021 |
| Ease of Doing Business | 172 place | 2019 |
