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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 -12.1 % 2020
GDP per capita 5591 USD 2019
Inflation Rate YoY 0.4 % Mar/21
Interest Rate 4 % Apr/21
Unemployment Rate 13.74 % 2020
Balance of Trade 5883 USD Million | 5.883 B USD 2020
Current Account -6217 USD Million | -6.217 B USD 2020


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 -12.1 % 2020
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 -12882754 IQD Million | -8.829 USD Billion Dec/20
Government Revenues 63199688 IQD Million | 43.311 USD Billion Dec/20
Fiscal Expenditure  76082440 IQD Million | 52.14 B USD Dec/20
Government Budget to GDP -17.5 % 2020
Military Expenditure 6994 USD Million | 6.994 B USD 2020


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 110 index points Mar/21
Food Inflation 0.6 % Mar/21
Inflation Rate YoY 0.4 % Mar/21
Core Consumer Prices 112 Index Points Mar/21
Core Inflation Rate 5.4 % Mar/21
CPI Housing Utilities 116 Index Points Mar/21
CPI Transportation 110 Index Points Mar/21


Trade Indicators

Indicator Data Period
Current Account to GDP -12.6 % 2020
Balance of Trade 5883 USD Million | 5.883 USD Billion 2020
Current Account -6217 USD Million | -6.217 B USD 2020
Exports 46810 USD Million | 46.81 USD Billion 2020
Imports 40927 USD Million | 40.927 USD Billion 2020


Money Indicators

Indicator Data Period
Gold Reserves 96.42 Tonnes 1Q/21
Interest Rate 4 % Apr/21
Money Supply M0 99437 IQD Billion | 68.145 USD Billion Mar/21
Money Supply M1 108376 IQD Billion | 74.271 USD Billion Feb/21
Money Supply M2 125222 IQD Billion | 85.816 USD Billion Feb/21


Labor Indicators

Indicator Data Period
Unemployment Rate 13.74 % 2020


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 3879 BBL/D/1K May/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
-8.829
USD Billion
#9 from 113 countries
Inflation Rate
inflation_icon
0.4
%
#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
13.74
%
#23 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries