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Economy of Iraq. Statistics, Data and Indicators

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Iraq
25B- Credit rank #100
N/A Quality of life #
157 Corruption rank#153
172 Ease of doing business#150
Iraq


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



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