The Gross Domestic Product (GDP) in Iraq contracted 1 percent in 2018 from the previous year.
GDP Annual Growth Rate in Iraq averaged 7.04 percent from 1991 until 2018, reaching an all time high of 54.16 percent in 2004 and a record low of -56.40 percent in 1991. This page provides - Iraq GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Iraq GDP Annual Growth Rate - values, historical data and charts - was last updated on July of 2020.
GDP Annual Growth Rate in Iraq is expected to reach -5.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq GDP Annual Growth Rate is projected to trend around 2.00 percent in 2021 and 2.50 percent in 2022, according to our econometric models.