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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 234 USD Billion 2019
GDP Annual Growth Rate 4.4 % 2019
GDP per capita 5591 USD 2019
Inflation Rate YoY 0.7 % May/20
Interest Rate 4 % Aug/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
234
USD Billion
#53 from 174 countries
GDP per capita
vvp
5591
USD
#89 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 234 USD Billion 2019
GDP Annual Growth Rate 4.4 % 2019
GDP per capita 5591 USD 2019
Gross National Product 224153536 IQD Million | 188.66 B USD 2014
GDP per capita PPP 10881 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 48.4 % 2018
Government Budget Value 790508 IQD Million | 0.658 USD Billion Mar/20
Government Revenues 18168104 IQD Million | 15.113 USD Billion Mar/20
Fiscal Expenditure  17377596 IQD Million | 14.455 B USD Mar/20
Government Budget to GDP -0.9 % 2019
Military Expenditure 6200 USD Million | 6.2 B USD 2018


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 104 index points Jul/20
Food Inflation -2.8 % Jan/20
Inflation Rate YoY 0.7 % May/20
Core Consumer Prices 106 Index Points Jul/20
Core Inflation Rate 0.5 % Jul/20
CPI Housing Utilities 114 Index Points Jul/20
CPI Transportation 96.1 Index Points Jul/20


Trade Indicators

Indicator Data Period
Current Account to GDP -1.2 % 2019
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 96.3 Tonnes 2Q/20
Interest Rate 4 % Aug/20
Money Supply M0 81744 IQD Billion | 67.997 USD Billion Jun/20
Money Supply M1 94702 IQD Billion | 78.776 USD Billion Apr/20
Money Supply M2 110725 IQD Billion | 92.104 USD Billion Apr/20


Labor Indicators

Indicator Data Period
Unemployment Rate 7.9 % 2019


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 3578 BBL/D/1K Aug/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
96.3
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
0.658
USD Billion
#9 from 113 countries
Inflation Rate
inflation_icon
0.7
%
#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