The inflation rate in Iraq was recorded at -0.90 percent in September of 2019. Inflation Rate in Iraq averaged 9.74 percent from 2005 until 2019, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009.
Inflation Rate in Iraq is expected to be 0.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Iraq to stand at 1.50 in 12 months time. In the long-term, the Iraq Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.