The economy of Iraq is dominated by the oil sector. [15] The IFAD has classified Iraq as an oil-rich upper middle income country. In 2025, the economy is estimated to be at $690 billion (GDP PPP). making it …

Iraq’s non-oil economic growth has been slow, constrained by low productivity, limited investment and an inefficient use of human capital. Against the background of an excessive dependency on oil, an …

Dec 2, 2025 · Overview of key economic statistics. The statistical themes covered are: International trade, economic trends, foreign direct investment, external financial resources, population and labor …

Dec 14, 2025 · Iraq - Oil, Agriculture, Trade: Iraq’s economy was based almost exclusively on agriculture until the 1950s, but after the 1958 revolution economic development was considerable.

4 days ago · As the year draws to a close, Iraq finds itself at a pivotal junction. The government’s aggressive push to de-dollarize the domestic economy has clashed with the market’s persistent …

4 days ago · Iraq’s economy followed a complex trajectory in 2025, marked by strong oil revenues alongside persistent structural weaknesses, uneven progress across productive sectors, and delays …

Jun 9, 2025 · Iraq is at risk of economic collapse as oil revenues make up 91% of its federal income, exposing deep fiscal vulnerabilities amid falling prices and persistent regional disputes.

Iraq has weathered the recent escalation of conflict in the region relatively well, but weakening global demand could prove as headwinds for the economy. A slowdown in global growth could depress …

The central hub for understanding the economy of Iraq. Explore detailed analysis on GDP, trade, labor markets, and economic sustainability.

Oil exports serve as the foundation of Iraq’s GDP. Iraq’s GDP grew 7% in 2022, shrunk 2% in 2023, and is expected to grow moderately in 2024; headline inflation was 4.4% in 2022 and 4.0% in 2023 (all …