Economy of Iraq. Statistics, Data and Indicators
Iraq
| 25B- | Credit rank #100 |
| N/A | Quality of life # |
| 160 | Corruption rank#153 |
| 172 | Ease of doing business#150 |
Iraq Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 167 USD Billion | 2020 |
| GDP Annual Growth Rate | -10.9 % | 2020 |
| GDP per capita | 4287 USD | 2020 |
| Inflation Rate YoY | 8.4 % | Nov/21 |
| Interest Rate | 4 % | Dec/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
167
USD Billion
#53 from 174 countries
GDP per capita
4927
USD
#89 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 167 USD Billion | 2020 |
| GDP Annual Growth Rate | -10.9 % | 2020 |
| GDP per capita | 4927 USD | 2020 |
| Gross National Product | 224153536 IQD Million | 188.66 B USD | 2014 |
| GDP per capita PPP | 9255 USD | 2020 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 68.3 % | 2020 |
| Government Budget Value | -12882754 IQD Million | -8.854 USD Billion | Dec/20 |
| Government Revenues | 63199688 IQD Million | 43.434 USD Billion | Dec/20 |
| Fiscal Expenditure | 76082440 IQD Million | 52.287 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 | May/21 |
| Food Inflation | 4.1 % | May/21 |
| Inflation Rate YoY | 5.6 % | May/21 |
| Core Consumer Prices | 112 Index Points | May/21 |
| Core Inflation Rate | 6.1 % | May/21 |
| CPI Housing Utilities | 114 Index Points | May/21 |
| CPI Transportation | 111 Index Points | May/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 % | Jun/21 |
| Money Supply M0 | 102183 IQD Billion | 70.225 USD Billion | May/21 |
| Money Supply M1 | 111356 IQD Billion | 76.529 USD Billion | Apr/21 |
| Money Supply M2 | 128780 IQD Billion | 88.504 USD Billion | Apr/21 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 13.74 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 35 % | 2021 |
| Personal Income Tax Rate | 15 % | 2021 |
| Social Security Rate | 17 % | 2021 |
| Social Security Rate For Companies | 12 % | 2021 |
| Social Security Rate For Employees | 5 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 3862 BBL/D/1K | Jun/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
96.42
Tonnes
#36 from 114 countries
Foreign Exchange Reserves
N/A
N/A
#N/A from
N/A countries
Government Budget Value
-8.854
USD Billion
#9 from 113 countries
Inflation Rate
5.6
%
#161 from
174 countries
Interest Rate
4
%
#83 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
13.74
%
#23 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
