Iraq | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1163.00 1185 1209 1278 1150 1035 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 222.88 175 177 223 258 363 [+]
GDP Annual Growth Rate 4.21 -0.5 -2 3.08 3.39 6.89 [+]
GDP Constant Prices 10452400.00 19365080 22219886 32281738 32464428 32465924 [+]
Gross National Product 191417039.50 251268726 252048975 256113370 256208598 256208698 [+]
GDP per capita 2505.39 2524 2525 2526 2526 2526 [+]
GDP per capita PPP 14704.26 14776 14776 14776 14776 14776 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 15.10 14.96 14.96 14.95 14.95 14.95 [+]
Employed Persons 924397.00 1540483 1540483 22527392 25507090 25507090 [+]
Population 33.42 34.47 34.68 39.26 47.47 63.39 [+]
Prices Actual Q1/15 Q2/15 2020 2030 2050
Inflation Rate 0.30 0.2 1.02 0.46 0.46 0.46 [+]
Consumer Price Index CPI 146.20 147 147 147 147 147 [+]
Core Inflation Rate 1.80 -0.57 -0.64 2.58 2.58 2.58 [+]
Core Consumer Prices 147.20 148 149 154 154 154 [+]
Food Inflation -4.59 3.43 3.65 3.59 3.58 3.58 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 6.00 5.75 5.55 6.4 7.35 9.15 [+]
Money Supply M0 61263.00 66045 65562 64061 64040 64040 [+]
Money Supply M1 72651.00 73065 74033 75253 75253 75253 [+]
Money Supply M2 91704.00 93562 96005 101161 101166 101166 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade 39792.90 37033 36811 36135 36135 36135 [+]
Exports 89769.40 86867 86629 85875 85873 85873 [+]
Imports 49976.50 49834 49818 49740 49739 49739 [+]
Current Account 22054.90 19234 19724 21288 21251 21251 [+]
Current Account to GDP 6.71 -7.85 -8.44 -10.06 -11.82 -11.9 [+]
Gold Reserves 90.00 89.45 89.47 89.46 89.46 89.46 [+]
Crude Oil Production 3465.00 2949 2827 3248 3248 3248 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -5.55 -14.31 -16.15 -37.16 -42.53 -42.93 [+]
Government Debt to GDP 31.34 29.33 28.86 20.92 14.86 12.13 [+]
Government Budget Value 72264.11 1135836 7725577 8807890 8825094 8825084 [+]
Credit Rating 15.00 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Industrial Production 2.20 1.46 1.76 1.6 1.61 1.61 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 15.00 15 15 15 15 15 [+]
Personal Income Tax Rate 15.00 15 15 15 15 15 [+]