Iraq Current Account to GDP  Forecast


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Current Account to GDP in Iraq is expected to be -8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Current Account to GDP is projected to trend around -4.00 percent in 2020, according to our econometric models.


Iraq Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 4397 10705 11821 12937 14053 9860
Exports 43442 28388 26433 24478 22523 13740
Imports 39045 32527 31122 29717 28312 16236
Current Account 24428 24780 24229 23679 23128 18806
Current Account to GDP -7.3 -8 -6 -6 4.61 -4
Gold Reserves 89.82 88.22 87.21 86.2 85.2 77.04
Crude Oil Production 4380 4170 4021 3882 3752 2922
Terrorism Index 9.96 9.48 9.3 9.11 8.93 6.29