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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 #
160 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 4 % Dec/20
Interest Rate 4 % Dec/20
Unemployment Rate 7.9 % 2019
Balance of Trade 32168 USD Million | 32.168 B USD 2019
Current Account 15763 USD Million | 15.763 B USD 2019


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 68.3 % 2020
Government Budget Value -14771415 IQD Million | -10.127 USD Billion Oct/20
Government Revenues 43094076 IQD Million | 29.544 USD Billion Oct/20
Fiscal Expenditure  57865460 IQD Million | 39.67 B USD Oct/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) 108 index points Dec/20
Food Inflation -1.1 % Oct/20
Inflation Rate YoY 4 % Dec/20
Core Consumer Prices 110 Index Points Dec/20
Core Inflation Rate 4.2 % Dec/20
CPI Housing Utilities 115 Index Points Dec/20
CPI Transportation 106 Index Points Dec/20


Trade Indicators

Indicator Data Period
Current Account to GDP -1.2 % 2019
Balance of Trade 32168 USD Million | 32.168 USD Billion 2019
Current Account 15763 USD Million | 15.763 B USD 2019
Exports 81585 USD Million | 81.585 USD Billion 2019
Imports 49418 USD Million | 49.418 USD Billion 2019


Money Indicators

Indicator Data Period
Gold Reserves 96.42 Tonnes 4Q/20
Interest Rate 4 % Dec/20
Money Supply M0 83550 IQD Billion | 57.279 USD Billion Nov/20
Money Supply M1 98004 IQD Billion | 67.188 USD Billion Nov/20
Money Supply M2 113841 IQD Billion | 78.045 USD Billion Nov/20


Labor Indicators

Indicator Data Period
Unemployment Rate 7.9 % 2019


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 3807 BBL/D/1K Jan/21
Industrial Production -22.5 % 1Q/20


Business Indicators

Indicator Data Period
Corruption Index 21 index points 2020
Corruption Rank 160 place 2020
Ease of Doing Business 172 place 2019


Gold Reserves
gold_reserve_icon
96.42
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
-10.127
USD Billion
#9 from 113 countries
Inflation Rate
inflation_icon
4
%
#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