Markets Actual Q4 Q1 Q2 Q3 2022
Currency 1458.00 1479 1500 1522 1544 1589

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -10.90 2.8 5 5 5 5
Unemployment Rate (%) 13.74 13 12 12 12 12
Inflation Rate (%) 7.30 7 5.4 3.4 4.6 1.6
Interest Rate (%) 4.00 4 4 4 4 4
Balance of Trade (USD Million) 5883.20 30259 30259 30259 30259 30259
Current Account to GDP (% of GDP) -12.60 -14 -14 -14 -4.5 -8.5
Government Debt to GDP (% of GDP) 68.30 62 62 62 69 65
Government Budget (% of GDP) -17.50 -12.5 -12.5 -12.5 -9 -9
Corporate Tax Rate (%) 35.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -10.90 2.8 5 5 5 5
GDP (USD Billion) 167.22 220 220 220 220 245
GDP Constant Prices (IQD Million) 51799667.10 80321914 53250058 54389650 54389650 55912561
GDP per capita (USD) 4286.77 5500 5500 5500 5000 5900
GDP per capita PPP (USD) 9255.26 9100 9100 9100 10000 10500

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 13.74 13 12 12 12 12
Population (Million) 40.20 38.7 38.7 38.7 38.7 38.8

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 7.30 7 5.4 3.4 4.6 1.6
Consumer Price Index CPI (points) 112.30 115 116 115 117 117
Core Consumer Prices (points) 113.60 113 114 115 116 114
Core Inflation Rate (%) 7.40 2 2 2 2 2
Food Inflation (%) 4.10 1.5 1.5 1.5 2 2
CPI Housing Utilities (points) 116.10 123 122 120 121 125
CPI Transportation (points) 111.20 103 107 111 113 109

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 4.00 4 4 4 4 4

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) 5883.20 30259 30259 30259 30259 30259
Current Account to GDP (% of GDP) -12.60 -14 -14 -14 -4.5 -8.5
Imports (USD Million) 40927.30 35841 35841 35841 35841 35841
Exports (USD Million) 46810.50 66100 66100 66100 66100 66100
Crude Oil Production (BBL/D/1K) 4070.00 4100 4120 4100 4180 4200

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 68.30 62 62 62 69 65
Government Budget (% of GDP) -17.50 -12.5 -12.5 -12.5 -9 -9
Government Budget Value (IQD Million) 2634213.00 6256638 6256638 6256638 6256638 6256638

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 35.00 15 15 15 15 15
Personal Income Tax Rate (%) 15.00 15 15 15 15 15
Social Security Rate (%) 17.00 17 17 17 17 17
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 5.00 5 5 5 5 5


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Iraq Forecast - was last updated on Saturday, November 27, 2021.