Question 1

What is the GDP of Iraq?

Accepted Answer

Iraq's GDP is approximately $279.6 billion USD. The GDP growth rate is -1.5%.

Question 2

What is the population of Iraq?

Accepted Answer

Iraq has a population of approximately 46 million people. The population growth rate is 2.1%.

Question 3

What is the inflation rate in Iraq?

Accepted Answer

The inflation rate in Iraq is -12.3%.

Question 4

What is the unemployment rate in Iraq?

Accepted Answer

The unemployment rate in Iraq is 15.5%.

Question 5

What is the GDP per capita of Iraq?

Accepted Answer

Iraq's GDP per capita is approximately $6,074 USD.

Question 6

Is Iraq a good country to invest in?

Accepted Answer

Iraq has an investment score of 25/100, classified as "Caution" risk. Key sectors include Oil & Gas, Construction, Agriculture. Credit rating: NR.

Question 7

How open is Iraq's economy to trade?

Accepted Answer

Iraq's trade openness (trade as % of GDP) is 71%. Exports total approximately $104.9B and imports $92.8B.

Question 8

What is Iraq's government debt?

Accepted Answer

Iraq's government debt is approximately 27% of GDP. The current account balance is 3% of GDP.

Question 9

How much foreign investment does Iraq attract?

Accepted Answer

Foreign direct investment (FDI) in Iraq is -2.7% of GDP. There may be opportunities for early-mover investors.

Question 10

What are the main economic sectors in Iraq?

Accepted Answer

Iraq's economy is composed of services (46% of GDP), industry (52% of GDP), and agriculture (3% of GDP).

Question 11

Can I start a business in Iraq as a foreigner?

Accepted Answer

Iraq offers various options for foreign entrepreneurs. Visit our business setup guide for Iraq for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Question 12

Is Iraq's economy growing?

Accepted Answer

Iraq's GDP growth rate is -1.5%. The economy is currently contracting.

Iraq Economy Overview

Key Sectors

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