Iraq – Economic Data

GM ECONOMY · COUNTRY PROFILE

Iraq

Macroeconomic, fiscal, labour-market, external-sector and structural indicators with trends, data coverage and source quality at a glance.

COUNTRY: Iraq
REGION: Middle East
INCOME: Upper middle income
ISOIQ / IRQ
RegionMiddle East
SubregionWestern Asia
Income groupUpper middle income
GM Economy ratingBB64/100Moderate stability
Core indicator coverage12 / 12100% available
Profile data qualityAdequateBased on coverage, observation count and latest year
Country groupsMiddle East / Gulf · Energy · Emerging Markets · Asia Module

Core economic indicators

12 key series with latest values and short-term direction
GDP GrowthGood
-2.16%
↓ Lower than previous observation · -0.61 pp
Latest 202565 obs. · 1961–2025
InflationGood
0.30%
↓ Lower than previous observation · -2.31 pp
Latest 202554 obs. · 1960–2025
UnemploymentGood
15.49%
↑ Higher than previous observation · +0.19 pp
Latest 202535 obs. · 1991–2025
Government DebtLimited
27.44%
↓ Lower than previous observation · -8.42 pp
Latest 20184 obs. · 2015–2018
Current Account BalanceGood
1.94%
↓ Lower than previous observation · -1.06 pp
Latest 202521 obs. · 2005–2025
GDP per CapitaGood
5,409.68
↓ Lower than previous observation · -663.93
Latest 202566 obs. · 1960–2025
GDP PPPGood
670.84 billion
↑ Higher than previous observation · +3,902,269,529.86
Latest 202531 obs. · 1995–2025
Gross Capital FormationGood
19.14%
↓ Lower than previous observation · -1.15 pp
Latest 202455 obs. · 1970–2024
ExportsGood
39.76%
↑ Higher than previous observation · +0.13 pp
Latest 202455 obs. · 1970–2024
Foreign ReservesGood
98.45 billion
↓ Lower than previous observation · -2,240,651,497.17
Latest 202566 obs. · 1960–2025
Labor Force ParticipationGood
41.53%
→ Little change from previous observation · -0.02 pp
Latest 202536 obs. · 1990–2025
PopulationGood
47.02 million
↑ Higher than previous observation · +978,759.00
Latest 202566 obs. · 1960–2025

GM Economy rating components

Analytical composite, not an official credit rating
Fiscal stability17.0 / 25
Macroeconomic stability8.9 / 20
External stability13.0 / 15
Financial robustness5.6 / 15
Structural stability13.0 / 15
Future capacity8.0 / 10
Demographic capacity1.5 / 5

Data quality

Coverage and recency of the core profile

Adequate profile quality with 100% core-indicator coverage.

11 good · 0 adequate · 1 limited series.

Coverage details

Latest year, time-series depth and source
IndicatorLatest yearObservationsCoverageQualitySource
GDP Growth2025651961–2025GoodWorld Bank / public data sources
Inflation2025541960–2025GoodWorld Bank / public data sources
Unemployment2025351991–2025GoodWorld Bank / public data sources
Government Debt201842015–2018LimitedWorld Bank / public data sources
Current Account Balance2025212005–2025GoodWorld Bank / public data sources
GDP per Capita2025661960–2025GoodWorld Bank / public data sources
GDP PPP2025311995–2025GoodWorld Bank / public data sources
Gross Capital Formation2024551970–2024GoodWorld Bank / public data sources
Exports2024551970–2024GoodWorld Bank / public data sources
Foreign Reserves2025661960–2025GoodWorld Bank / public data sources
Labor Force Participation2025361990–2025GoodWorld Bank / public data sources
Population2025661960–2025GoodWorld Bank / public data sources

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