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Macro

Iraq

Middle East, North Africa, Afghanistan & Pakistan · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▼ 7.8%
Current prices2025
264USD bn
GDP per capita▼ 10.0%
Current prices2025
5,803USD
Real GDP growth▼ 0.5 pp
Annual change2025
-0.4%
Inflation▼ 2.3 pp
Average consumer prices2025
0.3%
Government debt▲ 8.7 pp
General government, gross2025
53.9% of GDP
Current account▲ 0.4 pp
Balance2025
-1.7% of GDP
Population▲ 2.5%
Total2025
45.52million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-36.70.053.42001: 1.8%2002: -8.2%2003: -36.7%2004: 53.4%2005: 1.7%2006: 5.6%2007: 1.9%2008: 8.2%2009: 3.4%2010: 6.4%2011: 7.5%2012: 13.9%2013: 7.6%2014: 0.7%2015: 2.5%2016: 16.2%2017: -1.5%2018: 2.6%2019: 5.6%2020: -12.4%2021: 1.4%2022: 7.7%2023: 0.9%2024: 0.1%2025: -0.4%2026: -6.8% (IMF projection)2027: 11.3% (IMF projection)2028: 3.5% (IMF projection)2029: 3.3% (IMF projection)2030: 3.4% (IMF projection)2031: 3.5% (IMF projection)IMF projection200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-2.80.053.22005: 37.0%2006: 53.2%2007: 30.8%2008: 2.7%2009: -2.8%2010: 2.4%2011: 5.6%2012: 6.1%2013: 1.9%2014: 2.2%2015: 1.4%2016: 0.5%2017: 0.2%2018: 0.4%2019: -0.2%2020: 0.6%2021: 6.0%2022: 5.0%2023: 4.4%2024: 2.6%2025: 0.3%2026: 3.0% (IMF projection)2027: 3.3% (IMF projection)2028: 3.3% (IMF projection)2029: 3.6% (IMF projection)2030: 4.2% (IMF projection)2031: 4.8% (IMF projection)IMF projection200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %1.47.70.90.1-0.4-6.811.33.53.33.4
Inflation, average consumer prices %6.05.04.42.60.33.03.33.33.64.2
GDP, current prices USD bn211288271287264265293306321340
GDP per capita, current prices USD5,1176,8186,2516,4515,8035,6776,1296,2466,4206,636
GDP per capita, PPP Int. USD13,38015,05115,36015,37115,36014,37615,96516,39816,85117,345
General government gross debt % of GDP54.739.042.145.253.961.758.760.963.866.9
General government net lending/borrowing % of GDP-0.48.1-1.1-3.5-6.4-7.9-2.7-4.4-5.7-6.3
Current account balance % of GDP3.113.45.8-2.1-1.7-5.30.2-1.8-3.1-4.2
Population million41.1942.2543.3244.4145.5246.6447.7748.9150.0651.21

Government debt, % of GDP

General government gross debt
0.03442004: 344%2005: 227%2006: 143%2007: 117%2008: 74%2009: 87%2010: 54%2011: 41%2012: 35%2013: 32%2014: 28%2015: 48%2016: 60%2017: 56%2018: 44%2019: 42%2020: 72%2021: 55%2022: 39%2023: 42%2024: 45%2025: 54%2026: 62% (IMF projection)2027: 59% (IMF projection)2028: 61% (IMF projection)2029: 64% (IMF projection)2030: 67% (IMF projection)2031: 71% (IMF projection)IMF projection200520102015202020252030

Current account, % of GDP

Balance of payments
-10.70.015.22001: 2.0%2002: -1.8%2003: -10.7%2004: -8.3%2005: 13.5%2006: 3.4%2007: -0.3%2008: 15.2%2009: -7.1%2010: 2.8%2011: 11.4%2012: 6.4%2013: 6.9%2014: 6.8%2015: -5.2%2016: -6.9%2017: -2.1%2018: 8.1%2019: 5.9%2020: -6.8%2021: 3.1%2022: 13.4%2023: 5.8%2024: -2.1%2025: -1.7%2026: -5.3% (IMF projection)2027: 0.2% (IMF projection)2028: -1.8% (IMF projection)2029: -3.1% (IMF projection)2030: -4.2% (IMF projection)2031: -5.6% (IMF projection)IMF projection200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199520.664.91.415.1
20056.963.61.330.0
20154.245.32.251.2
20253.445.44.052.3

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method5,690USD2025+4.2%
GNI, Atlas method267USD bn2025+30.5%
Exports of goods and services39.8% of GDP2024+0.8 pp
Imports of goods and services37.4% of GDP2024+7.3 pp
Life expectancy at birth72.4years2024+3.9%
Urban population69.9% of total2025+0.0 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)