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Economy of Iraq

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

44.2% 7.0% 8.0% 9.4% 28.0%
  • Agriculture, forestry & fishing: 3.4%
  • Mining, manufacturing & utilities: 44.2%
  • Construction: 7.0%
  • Trade, restaurants & hotels: 8.0%
  • Transport & communication: 9.4%
  • Finance, real estate & other services: 28.0%
Show table
Agriculture, forestry & fishing
3.4%
Mining, manufacturing & utilities
44.2%
Construction
7.0%
Trade, restaurants & hotels
8.0%
Transport & communication
9.4%
Finance, real estate & other services
28.0%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 265B #55 / 190 2026
GDP (Local currency - IQD) 344.22T - 2026
Real GDP (Local currency - IQD) 201.17T - 2026
PPP GDP (Int$) 671B #48 / 191 2026
GNI (USD) 281B #48 / 210 2024

GDP per Capita

GDP per Capita (USD) 5,677 #120 / 190 2026
GDP per Capita (Local currency - IQD) 7.38M - 2026
Real GDP per Capita (Local currency - IQD) 4.31M - 2026
PPP GDP per Capita (Int$) 14,376 #118 / 191 2026
GNI per Capita (USD) 6,097 #123 / 210 2024

Economic Growth

GDP Growth -6.8% #190 / 191 2026

Prices and Inflation

Inflation Rate 3% #112 / 191 2026

Labor Market

Unemployment Rate No data - -

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