Iraq Forecast

Markets	Actual	Q4	Q1	Q2	Q3	2023
Currency	1458.53	1459	1459	1459	1459	1459

Overview	Actual	Q4	Q1	Q2	Q3	2023
GDP Annual Growth Rate (%)	5.90	9	7	7	7	7
Unemployment Rate (%)	14.20	12	12	12	12	12
Inflation Rate (%)	5.40	5	4.6	4	3.6	1.6
Interest Rate (%)	4.00	4	4	4	4	4
Balance of Trade (USD Million)	14432.60	30259	30259	30259	30259	30259
Current Account to GDP (% of GDP)	5.90	15	9	9	9	9
Government Debt to GDP (% of GDP)	59.30	40	40	40	40	40
Government Budget (% of GDP)	1.90	10	8	8	8	8
Corporate Tax Rate (%)	35.00	15	15	15	15	15
Personal Income Tax Rate (%)	15.00	15	15	15	15	15

GDP	Actual	Q4	Q1	Q2	Q3	2023
GDP Annual Growth Rate (%)	5.90	9	7	7	7	7
GDP (USD Billion)	207.89	245	245	245	245	245
GDP Constant Prices (IQD Million)	72468542.50	78990711	78990711	78990711	77541340	84520061
GDP per Capita (USD)	4465.76	5900	5900	5900	5900	5900
GDP per Capita PPP (USD)	9474.78	10500	10500	10500	10500	10500

Labour	Actual	Q4	Q1	Q2	Q3	2023
Unemployment Rate (%)	14.20	12	12	12	12	12
Population (Million)	41.20	38.8	38.8	38.8	38.8	38.8

Prices	Actual	Q4	Q1	Q2	Q3	2023
Inflation Rate (%)	5.40	5	4.6	4	3.6	1.6
Consumer Price Index CPI (points)	117.80	119	119	121	122	121
Core Consumer Prices (points)	120.00	123	125	127	129	136
Core Inflation Rate (%)	5.40	8	8	8	8	9
Food Inflation (%)	6.45	6.6	6.6	6.6	6.6	7
CPI Housing Utilities (points)	124.60	123	123	126	127	124
CPI Transportation (points)	114.30	103	107	111	113	109

Money	Actual	Q4	Q1	Q2	Q3	2023
Interest Rate (%)	4.00	4	4	4	4	4

Trade	Actual	Q4	Q1	Q2	Q3	2023
Balance of Trade (USD Million)	14432.60	30259	30259	30259	30259	30259
Current Account to GDP (% of GDP)	5.90	15	9	9	9	9
Imports (USD Million)	12257.50	35841	35841	35841	35841	35841
Exports (USD Million)	26690.10	66100	66100	66100	66100	66100
Crude Oil Production (BBL/D/1K)	4651.00	4200	4200	4200	4200	4250

Government	Actual	Q4	Q1	Q2	Q3	2023
Government Debt to GDP (% of GDP)	59.30	40	40	40	40	40
Government Budget (% of GDP)	1.90	10	8	8	8	8
Government Budget Value (IQD Million)	33714610.00	2634213	2634213	2634213	2634213	2634213

Taxes	Actual	Q4	Q1	Q2	Q3	2023
Corporate Tax Rate (%)	35.00	15	15	15	15	15
Personal Income Tax Rate (%)	15.00	15	15	15	15	15
Social Security Rate (%)	17.00	17	17	17	17	17
Social Security Rate For Companies (%)	12.00	12	12	12	12	12
Social Security Rate For Employees (%)	5.00	5	5	5	5	5

Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Iraq Forecast - was last updated on Sunday, October 2, 2022.