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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 #
162 Corruption rank#153
172 Ease of doing business#150
Iraq


Iraq Major Economic Indicators

Indicator Data Period
GDP Value 226 USD Billion 2019
GDP Annual Growth Rate -1 % 2018
GDP per capita 5511 USD 2018
Inflation Rate YoY 0.9 % Jan/20
Interest Rate 4 % Feb/20
Unemployment Rate 7.9 % 2019
Balance of Trade 41524 USD Million | 41.524 B USD 2018
Current Account 13954 USD Million | 13.954 B USD 2017


GDP
vvp
226
USD Billion
#53 from 174 countries
GDP per capita
vvp
5511
USD
#89 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 226 USD Billion 2019
GDP Annual Growth Rate -1 % 2018
GDP per capita 5511 USD 2018
Gross National Product 224153536 IQD Million | 188.66 B USD 2014
GDP per capita PPP 15565 USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2018
Government Budget Value -853060 IQD Million | -0.717 USD Billion Oct/19
Government Revenues 73603392 IQD Million | 61.822 USD Billion Oct/19
Fiscal Expenditure  74456448 IQD Million | 62.539 B USD Oct/19
Government Budget to GDP 6.2 % 2018
Military Expenditure 6200 USD Million | 6.2 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 105 index points Jan/20
Food Inflation -2.8 % Jan/20
Inflation Rate YoY 0.9 % Jan/20
Core Consumer Prices 106 Index Points Jan/20
Core Inflation Rate 1 % Jan/20
CPI Housing Utilities 116 Index Points Jan/20
CPI Transportation 97.5 Index Points Jan/20


Trade Indicators

Indicator Data Period
Current Account to GDP 4.9 % 2018
Balance of Trade 41524 USD Million | 41.524 USD Billion 2018
Current Account 13954 USD Million | 13.954 B USD 2017
Exports 87260 USD Million | 87.26 USD Billion 2018
Imports 45736 USD Million | 45.736 USD Billion 2018


Money Indicators

Indicator Data Period
Gold Reserves 96.27 Tonnes 4Q/19
Interest Rate 4 % Feb/20
Money Supply M0 77250 IQD Billion | 64.885 USD Billion Nov/19
Money Supply M1 86533 IQD Billion | 72.683 USD Billion Nov/19
Money Supply M2 12871 IQD Billion | 10.811 USD Billion Nov/19


Labor Indicators

Indicator Data Period
Unemployment Rate 7.9 % 2019


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 4500 BBL/D/1K Feb/20
Industrial Production 0.8 % 4Q/18


Business Indicators

Indicator Data Period
Corruption Index 20 index points 2019
Corruption Rank 162 place 2019
Ease of Doing Business 172 place 2019


Gold Reserves
gold_reserve_icon
96.27
Tonnes
#36 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
N/A
N/A
#N/A from N/A countries


Government Budget Value
balance_icon
-0.717
USD Billion
#9 from 113 countries
Inflation Rate
inflation_icon
0.9
%
#161 from 174 countries


Interest Rate
discount_rate_icon
4
%
#83 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
7.9
%
#23 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries