Indicators of economy in Iraq
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Iraq reached 5.955 US Dollar per capita. The gross national product has been at 5.740 US Dollar per capita. Iraq is therefore currently ranked 49 of the major economies.
Inflation in Iraq was in 2018 at around 0.37%. For the the EU, the average of the same was year at 1.63%.
Compared to Germany, the prices for convenience goods are approximately 40.20% lower.
The Corruption Perceptions Index for the public sector counts 20 and is compared to other countries very bad.Back to overview: Iraq