Iraq Economic Statistics and Indicators

27, May 2012, CEST. Welcome to the Econ Stats Beta from EconomyWatch.com.

Country: Iraq
National or Regional Currency: Iraqi Dinar, IQD
Year of data: 2013 › Change year
Date of Last Update: 1st August 2011
Area: total: 438,317 sq km land: 437,367 sq km water: 950 sq km
Natural Resources: petroleum, natural gas, phosphates, sulfur
Capital: name: Baghdad geographic coordinates: 33 20 N, 44 23 E time difference: UTC+3 (8 hours ahead of Washington, DC during Standard Time)
Data Source: All Sources (IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International)
More on the Iraq Economy
More on the Iraq Export, Import and Trade
Economic Indicator Listing
  For Iraq in year 2013 Indicator Value
GDP Growth (Constant Prices, National Currency) 10.236 %
GDP (Current Prices, National Currency)IQD 167,242.81 Billion.
GDP (Current Prices, US Dollars)US$ 142.943 Billion
GDP Deflator 317.962 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)IQD 1,528,633.53 .
GDP Per Capita (Current Prices, National Currency)IQD 4,860,466.73 .
GDP Per Capita (Current Prices, US Dollars)US$ 4,154.25
GDP (PPP), US DollarsUS$ 160.114 Billion
GDP Per Capita (PPP), US DollarsUS$ 4,653.30
GDP Share of World Total (PPP) 0.186 %
Implied PPP Conversion Rate 1,044.52
Gross National Savings (% of GDP) 34.838 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 694.458 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 5 %
Inflation, End of Year (Indexed to Year 2000) 722.142 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 5 %
Value of Oil ImportsUS$ 10.994 Billions
Value of Oil ExportsUS$ 96.271 Billions
Population 34.409 Million
General government revenue (National Currency)IQD 121,017.11 Billions.
General government revenue (% of GDP) 72.36 %
General government total expenditure (National Currency)IQD 105,133.32 Billions.
General government total expenditure (% of GDP) 62.863 %
Total Government Net Lending/ Borrowing (National Currency)IQD 15,883.80 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 9.497 %
General Government Balance (National Currency)IQD 18,091.20 Billion.
General Government Balance (% of GDP) 10.817 %
Total Government Gross Debt (National Currency)IQD 48,479.99 Billion.
Total Government Gross Debt (% of GDP) 28.988 %
Fiscal Year Gross Domestic Product, Current PricesIQD 167,242.81 Billions.
Current Account Balance (US Dollars)US$ 12.811 Billion
Current Account Balance (% GDP) 8.963 %
Economic Indicators for Iraq 2013

GDP (Constant Prices, National Currency) for Iraq in year 2013 is IQD 52,598.44 Billion. Real GDP is expressed in billions of national currency units; the base year is country-specific.

GDP Growth (Constant Prices, National Currency) for Iraq in year 2013 is 10.236 %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.

GDP (Current Prices, National Currency) for Iraq in year 2013 is IQD 167,242.81 Billion. GDP is expressed in billions of national currency units.

GDP (Current Prices, US Dollars) for Iraq in year 2013 is US$ 142.943 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

GDP Deflator for Iraq in year 2013 is 317.962 (Index, Base Year as per country's accounts = 100). The GDP deflator is derived by dividing current price GDP by constant price GDP and is considered to be an alternate measure of inflation. Please note: Data are expressed in the base year of each country's national accounts.

GDP Per Capita (Constant Prices, National Currency) for Iraq in year 2013 is IQD 1,528,633.53 . GDP is expressed in constant national currency per person. Data are derived by dividing constant price GDP by total population.

GDP Per Capita (Current Prices, National Currency) for Iraq in year 2013 is IQD 4,860,466.73 . GDP is expressed in current national currency per person. Data are derived by dividing current price GDP by total population.

GDP Per Capita (Current Prices, US Dollars) for Iraq in year 2013 is US$ 4,154.25 . GDP is expressed in current U.S. dollars per person. Data are derived by first converting GDP in national currency to U.S. dollars and then dividing it by total population.

GDP (PPP), US Dollars for Iraq in year 2013 is US$ 160.114 Billion. Gross domestic product based on purchasing-power-parity (PPP) valuation of country GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Per Capita (PPP), US Dollars for Iraq in year 2013 is US$ 4,653.30 . Gross domestic product based on purchasing-power-parity (PPP) per capita GDP. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

GDP Share of World Total (PPP) for Iraq in year 2013 is 0.186 %. Gross domestic product based on purchasing-power-parity (PPP) share of world total. These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Implied PPP Conversion Rate for Iraq in year 2013 is 1,044.52 . These data form the basis for the country weights used to generate the World Economic Outlook country group composites for the domestic economy. Please note: The IMF is not a primary source for purchasing power parity (PPP) data. WEO weights have been created from primary sources and are used solely for purposes of generating country group composites.

Gross National Savings (% of GDP) for Iraq in year 2013 is 34.838 %. Data are based on individual countries' national accounts statistics. For many countries, the estimates of national saving are built up from national accounts data on gross domestic investment and from balance of payments-based data on net foreign investment.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Iraq in year 2013 is 694.458 (Index, Base Year 2000 = 100). Data for inflation are averages for the year, not end-of-period data. The index is based on 2000=100.

Inflation (Average Consumer Price Change %) for Iraq in year 2013 is 5 %. Data for inflation are averages for the year, not end-of-period data.

Inflation, End of Year (Indexed to Year 2000) for Iraq in year 2013 is 722.142 (Index, Base Year 2000 = 100). Data for inflation are end of the period, not annual average data. The index is based on 2000=100.

Inflation (End of Year Change %) for Iraq in year 2013 is 5 %. Data for inflation are end of the period, not annual average data.

Value of Oil Imports for Iraq in year 2013 is US$ 10.994 Billions. Value is equal to the price per unit of quantity of oil imports multiplied by the number of quantity units.

Value of Oil Exports for Iraq in year 2013 is US$ 96.271 Billions. Value is equal to the price per unit of quantity of oil exports multiplied by the number of quantity units.

Population for Iraq in year 2013 is 34.409 Million .

General government revenue (National Currency) for Iraq in year 2013 is IQD 121,017.11 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government revenue (% of GDP) for Iraq in year 2013 is 72.36 %. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

General government total expenditure (National Currency) for Iraq in year 2013 is IQD 105,133.32 Billions. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

General government total expenditure (% of GDP) for Iraq in year 2013 is 62.863 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

Total Government Net Lending/ Borrowing (National Currency) for Iraq in year 2013 is IQD 15,883.80 Billions. Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Total Government Net Lending/ Borrowing (% of GDP) for Iraq in year 2013 is 9.497 %.

General Government Balance (National Currency) for Iraq in year 2013 is IQD 18,091.20 Billion. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

General Government Balance (% of GDP) for Iraq in year 2013 is 10.817 %. Primary net lending/borrowing is net lending (+)/borrowing (?) plus net interest payable/paid (interest expense minus interest revenue).

Total Government Gross Debt (National Currency) for Iraq in year 2013 is IQD 48,479.99 Billion. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Total Government Gross Debt (% of GDP) for Iraq in year 2013 is 28.988 %. Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

Fiscal Year Gross Domestic Product, Current Prices for Iraq in year 2013 is IQD 167,242.81 Billions. Gross domestic product corresponding to fiscal year is the country's GDP based on the same period during the year as their fiscal data. In the case of countries whose fiscal data are based on a fiscal calendar (e.g., July to June), this series would be the country's GDP over that same period. For countries whose fiscal data are based on a calendar year (i.e., January to December), this series will be the same as their GDP in current prices.

Current Account Balance (US Dollars) for Iraq in year 2013 is US$ 12.811 Billion. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

Current Account Balance (% GDP) for Iraq in year 2013 is 8.963 %. Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.

* Source: IMF
Aggregate Indicators for Iraq
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Iraq
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Iraq
  Natural Resources, Agricultural Products, Land Use and Water Use for Iraq
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Iraq
  Age Structure, Median Age, Gender and Urbanization for Iraq
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Iraq
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Iraq
  HIV, AIDS and Other Major Infectious Disease Rates for Iraq
  Nationality, Ethnic Groups, Languages and Religions for Iraq
  Literacy Rate, Educational Expenditure and School Life Expectancy for Iraq
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Iraq
  Labor Force by Occupation for Iraq
  Poverty Line, Gini Index, Household Income and Consumption for Iraq
  National Budget and Public Debt for Iraq
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Iraq
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Iraq
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Iraq
  Industries and Industrial Growth Production Rate for Iraq
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Iraq
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Iraq
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Iraq
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Iraq
  Foreign Exchange Reserves and Gold Reserves for Iraq
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Iraq
  Exchange Rate Statistics for Iraq
  Television and Radio Statistics (TV Stats, Radio Stats) for Iraq
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Iraq
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Iraq
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Iraq
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Iraq
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Iraq
* Source: CIA
Internet Indicators for Iraq
Indicators
  Number of Internet Users for Iraq
  Internet Penetration Rate for Iraq
  Number of Facebook Accounts for Iraq
  Facebook Penetration Rate for Iraq
* Source: IWS
Economic Freedom Indicators for Iraq
Indicators
  Economic Freedom World Rank for Iraq
  Economic Freedom Regional Ranking for Iraq
  Business Freedom for Iraq
  Trade Freedom for Iraq
  Fiscal Freedom for Iraq
  Government Spending for Iraq
  Monetary Freedom for Iraq
  Investment Freedom for Iraq
  Financial Freedom for Iraq
  Property Rights for Iraq
  Freedom from Corruption for Iraq
  Labor Freedom for Iraq
  Tariff Rate for Iraq
  Income Tax Rate for Iraq
  Corporate Tax Rate for Iraq
  Tax Burden % of GDP for Iraq
  Government Expenditure % of GDP for Iraq
* Source: HFO
Iraq Economic Indicators in other Years
  Iraq Economic Indicators for Year 2016 (Forecast)
  Iraq Economic Indicators for Year 2015 (Forecast)
  Iraq Economic Indicators for Year 2014 (Forecast)
Iraq Economic Indicators for Year 2013 (Forecast)
  Iraq Economic Indicators for Year 2012 (Forecast)
  Iraq Economic Indicators for Year 2011 (Forecast)
  Iraq Economic Indicators for Year 2010 (Current)
  Iraq Economic Indicators for Year 2009
  Iraq Economic Indicators for Year 2008
  Iraq Economic Indicators for Year 2007
  Iraq Economic Indicators for Year 2006
  Iraq Economic Indicators for Year 2005
  Iraq Economic Indicators for Year 2004
  Iraq Economic Indicators for Year 2003
  Iraq Economic Indicators for Year 2002
  Iraq Economic Indicators for Year 2001
  Iraq Economic Indicators for Year 2000
  Iraq Economic Indicators for Year 1999
  Iraq Economic Indicators for Year 1998
  Iraq Economic Indicators for Year 1997
  Iraq Economic Indicators for Year 1996
  Iraq Economic Indicators for Year 1995
  Iraq Economic Indicators for Year 1994
  Iraq Economic Indicators for Year 1993
  Iraq Economic Indicators for Year 1992
  Iraq Economic Indicators for Year 1991
  Iraq Economic Indicators for Year 1990
  Iraq Economic Indicators for Year 1989
  Iraq Economic Indicators for Year 1988
  Iraq Economic Indicators for Year 1987
  Iraq Economic Indicators for Year 1986
  Iraq Economic Indicators for Year 1985
  Iraq Economic Indicators for Year 1984
  Iraq Economic Indicators for Year 1983
  Iraq Economic Indicators for Year 1982
  Iraq Economic Indicators for Year 1981
  Iraq Economic Indicators for Year 1980