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COUNTRY OUTLOOK / IQ

Iraq

Unverified rate framework · ISO:IQ

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalBaghdad
RegionMiddle East, North Africa, Afghanistan & Pakistan
Income groupUpper middle income
CurrencyIraqi dinar
GDP$254.37B2025 · current US$
Real GDP growth-2.16%2025 · annual %
Population47.02M2025 · people
GDP per capita$5,409.682025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Iraq's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:IQ
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

-2.16% · 2025 · annual %

Real GDP growth · annual %-12.04%0.88%13.79%2014: 2.26368817563613 annual %2015: 2.60676642939541 annual %2016: 13.7873730187089 annual %2017: -1.81975035118309 annual %2018: 2.63385099105624 annual %2019: 5.5137905789381 annual %2020: -12.0367930960454 annual %2021: 1.5021807095434 annual %2022: 7.95904804990212 annual %2023: 0.517705525140073 annual %2024: -1.54525198319173 annual %2025: -2.15574219066178 annual %20142025
View annual observations
YearValue (annual %)
2025-2.156
2024-1.545
20230.518
20227.959
20211.502
2020-12.037
20195.514
20182.634
2017-1.820
201613.787
20152.607
20142.264
World Bank source & definition ↗

Economy

GDP$254.37B2025 · current US$Source & definition ↗
Real GDP growth-2.16%2025 · annual %Source & definition ↗
GDP per capita$5,409.682025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 670.84B2025 · current international $Source & definition ↗

People

Population47.02M2025 · peopleSource & definition ↗
Population growth2.10%2025 · annual %Source & definition ↗
Urban population69.94%2025 · % of populationSource & definition ↗
Life expectancy72.422024 · yearsSource & definition ↗
Unemployment · ILO estimate15.49%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+41.53%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing3.41%2025 · % of GDPSource & definition ↗
Industry including construction45.39%2025 · % of GDPSource & definition ↗
Services52.27%2025 · % of GDPSource & definition ↗
Manufacturing4.00%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services39.76%2024 · % of GDPSource & definition ↗
Imports of goods & services37.38%2024 · % of GDPSource & definition ↗
Current account balance2.99%2024 · % of GDPSource & definition ↗
Foreign direct investment · net inflows-2.74%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation0.30%2025 · annual %Source & definition ↗
Central government debt27.44%2018 · % of GDPSource & definition ↗
Tax revenue1.34%2019 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector13.99%2024 · % of GDPSource & definition ↗
Total reserves including gold$100.69B2024 · current US$Source & definition ↗

Infrastructure

Internet use81.47%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area435,0502023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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