Iraq

Iraq : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$53.93 billion (2011 est.)
$43.92 billion (2010 est.)

Exports

$82.77 billion (2011 est.)
$51.76 billion (2010 est.)

Inflation rate (consumer prices)

5.6% (2011 est.)
2.4% (2010 est.)

Unemployment rate

15% (2010 est.)
15.3% (2009 est.)

GDP - per capita (PPP)

$3,900 (2011 est.)
$3,700 (2010 est.)
$3,700 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

5.5% (2010 est.)
4.5% (2009 est.)
7.8% (2008 est.)

Internet users

325,900 (2009)

Telephones - mobile cellular

24 million (2009)

Population growth rate

2.345% (2012 est.)

Population

31,129,225 (July 2012 est.)

Historical background

Formerly part of the Ottoman Empire, Iraq was occupied by Britain during the course of World War I; in 1920, it was declared a League of Nations mandate under UK administration.

In stages over the next dozen years, Iraq attained its independence as a kingdom in 1932.

A "republic" was proclaimed in 1958, but in actuality a series of strongmen ruled the country until 2003.

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Iraq

Economic overview

An improved security environment and an initial wave of foreign investment are helping to spur economic activity, particularly in the energy, construction, and retail sectors.

Broader economic improvement, long-term fiscal health, and sustained increases in the standard of living still depend on the government passing major policy reforms and on continued development of Iraq's massive oil reserves.

Although foreign investors viewed Iraq with increasing interest in 2010, most are still hampered by difficulties in acquiring land for projects and by other regulatory impediments.

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The Economist Intelligence Unit

Country Risk Service Iraq October 2014 Updater

Country Risk Service Iraq October 2014 Updater

  • $ 520
  • Country report
  • October 2014
  • by The Economist Intelligence Unit

NCAIS: 0 SIC: 0

  • Countries : Iraq

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 882
  • Country report
  • October 2014
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Saudi Arabia, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Ivory Coast (cote D'ivoire), Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Oxford Economics

Country Economic Forecasts > Iraq

Country Economic Forecasts > Iraq

  • $ 185
  • Country report
  • September 2014
  • by Oxford Economics

Iraqi government forces have struggled to retake any territory seized by IS. But the decision by the US and its western allies (at the request of Baghdad) to launch airstrikes on IS could mean that the ...

  • Countries : Iraq

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