Iraq GDP

The Gross Domestic Product (GDP) in Iraq was worth 210 billion US dollars in 2012. The GDP value of Iraq represents 0.34 percent of the world economy. GDP in Iraq is reported by the The World Bank Group. From 1960 until 2012, Iraq GDP averaged 37.5 USD Billion reaching an all time high of 210.0 USD Billion in December of 2012 and a record low of 1.7 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Iraq GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
210.00 181.00 210.00 1.70 263.05 | 2014/06 1960 - 2012 USD Billion Yearly

TO

Iraq GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 210.00 2012-12-31 181.00 210.00 1.70 263.05 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 4.21 2013-12-31 10.29 54.16 -56.40 3.64 2014-06-30 Percent [+]
GDP per capita 1629.58 2012-12-31 1541.62 3452.99 228.18 1726.03 2014-06-30 USD [+]
GDP per capita PPP 3659.32 2012-12-31 3461.82 5077.42 2184.86 3876.27 2014-06-30 USD [+]
GDP Constant Prices 10452400.00 2013-02-15 15956200.00 15956200.00 1105299.00 18153074.54 2014-06-30 IQD Million [+]
Gross National Product 191417039.50 2011-06-30 144649845.50 191417039.50 20594975.00 308689751.93 2014-06-30 IQD Million [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Iraq Consumer Price Index (CPI) at 145.50 Index Points  
Consumer Price Index (CPI) in Iraq decreased to 145.50 Index Points in March of 2014 from 145.70 Index Points in February of 2014. Consumer Price Index (CPI) in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Crude Oil Production at 2925.00 Thousands Barrels per Day  
Crude Oil Production in Iraq decreased to 2925 Thousands Barrels per Day in December of 2013 from 2975 Thousands Barrels per Day in November of 2013. Crude Oil Production in Iraq is reported by the U.S. Energy Information Administration.
Iraq Employed Persons at 924397.00  
The number of employed persons in Iraq increased to 924397 in 2001 from 880756 in 2000. Employed Persons in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Gross National Product at 191417039.50 IQD Million  
Gross National Product in Iraq increased to 191417039.50 IQD Million in 2011 from 144649845.50 IQD Million in 2010. Gross National Product in Iraq is reported by the Central Statistical Organization Iraq (COSIT).
Iraq Money Supply M0 at 68259.00 IQD Billion  
Money Supply M0 in Iraq decreased to 68259 IQD Billion in March of 2014 from 71061 IQD Billion in February of 2014. Money Supply M0 in Iraq is reported by the Central Bank of Iraq.
Iraq Money Supply M1 at 71165.00 IQD Billion  
Money Supply M1 in Iraq decreased to 71165 IQD Billion in February of 2014 from 72857 IQD Billion in January of 2014. Money Supply M1 in Iraq is reported by the Central Bank Of Iraq.
Iraq Money Supply M2 at 78220.00 IQD Billion  
Money Supply M2 in Iraq decreased to 78220 IQD Billion in February of 2014 from 86474 IQD Billion in January of 2014. Money Supply M2 in Iraq is reported by the Central Bank of Iraq.
Iraq Core Consumer Prices at 145.00 Index Points  
Core Consumer Prices in Iraq increased to 145 Index Points in March of 2014 from 144.80 Index Points in February of 2014. Core Consumer Prices in Iraq is reported by the Central Statistical Organization.
Iraq Core Inflation Rate at 1.40 Percent  
Core Inflation Rate in Iraq increased 1.40 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Iraq is reported by the Central Statistical Organization.
Iraq Inflation Rate at 2.00 Percent  
The inflation rate in Iraq was recorded at 2 percent in March of 2014. Inflation Rate in Iraq is reported by the Central Bank of Iraq.
MORE RELATED NEWS

LATEST NEWS

US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News