Iraq | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 1165.00 1164 1165 1165 1165 1165 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 222.88 229 230 243 258 363 [+]
GDP Annual Growth Rate 4.21 -2 -4 3.08 3.39 6.89 [+]
GDP Constant Prices 10452400.00 22219886 31107208 32281738 32464428 32465924 [+]
Gross National Product 191417039.50 341299073 348675119 256113370 256208598 256208698 [+]
GDP per capita 2505.39 2525 2525 2526 2526 2526 [+]
GDP per capita PPP 14704.26 14776 14776 14776 14776 14776 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 15.10 16.39 16.56 14.95 14.95 14.95 [+]
Employed Persons 924397.00 1540483 1540483 22527392 25507090 25507090 [+]
Population 33.42 34.68 34.89 39.26 47.47 63.39 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 0.20 0.95 2.56 1.46 2.46 2.46 [+]
Consumer Price Index CPI 145.80 146 146 146 146 146 [+]
Core Inflation Rate 1.80 3.56 3.73 2.41 2.41 2.41 [+]
Core Consumer Prices 147.40 148 148 150 151 151 [+]
Food Inflation -4.59 3.43 3.65 3.59 3.58 3.58 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 6.00 6 6 6.55 7.45 9.1 [+]
Money Supply M0 61133.00 59453 57781 47955 47534 47533 [+]
Money Supply M1 72651.00 74033 74296 75253 75253 75253 [+]
Money Supply M2 91704.00 96005 97185 101161 101166 101166 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 39792.90 38815 38877 36135 36135 36135 [+]
Exports 89769.40 88742 88794 85875 85873 85873 [+]
Imports 49976.50 49927 49918 49740 49739 49739 [+]
Current Account 22054.90 16589 15992 21288 21251 21251 [+]
Current Account to GDP 6.71 -3.69 -3.53 -0.8 -0.84 -0.84 [+]
Gold Reserves 90.00 89.47 89.46 89.46 89.46 89.46 [+]
Crude Oil Production 3775.00 2949 2827 3248 3248 3248 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget -2.69 -1.75 -1.59 4.88 6.24 6.3 [+]
Government Debt to GDP 37.02 41.13 44.14 58.95 75.62 83.84 [+]
Government Budget Value 6894368.00 7835834 8052658 8607352 8624728 8624721 [+]
Credit Rating 15.00 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Industrial Production 2.20 3.49 2.93 1.6 1.61 1.61 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 15.00 15 15 15 15 15 [+]
Personal Income Tax Rate 15.00 15 15 15 15 15 [+]
Social Security Rate 17.00 [+]
Social Security Rate For Companies 12.00 [+]
Social Security Rate For Employees 5.00 [+]