Precipitation in Iraq increased to 24.20 mm in December from 16.28 mm in November of 2015. Precipitation in Iraq averaged 16.30 mm from 1901 until 2015, reaching an all time high of 82.94 mm in March of 1974 and a record low of 0.01 mm in September of 1936. This page includes a chart with historical data for Iraq Average Precipitation.

Iraq recorded a Current Account surplus of 13954.50 USD Million in 2017. Current Account in Iraq averaged 4753.50 USD Million from 1988 until 2017, reaching an all time high of 32344 USD Million in 2008 and a record low of -15410 USD Million in 2001. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a Government Budget surplus equal to 6.20 percent of the country's Gross Domestic Product in 2018. Government Budget in Iraq averaged -3.70 percent of GDP from 2004 until 2018, reaching an all time high of 10.70 percent of GDP in 2006 and a record low of -34.90 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Iraq Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Iraq averaged 94.55 percent from 2004 until 2018, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a Current Account surplus of 4.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Iraq averaged -0.60 percent from 2001 until 2018, reaching an all time high of 12.70 percent in 2008 and a record low of -24 percent in 2004. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iraq Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Iraq decreased to 6200 USD Million in 2018 from 7416 USD Million in 2017. Military Expenditure in Iraq averaged 5051.20 USD Million from 2004 until 2018, reaching an all time high of 9536 USD Million in 2015 and a record low of 2037 USD Million in 2006.

Industrial Production in Iraq increased 0.80 percent in the fourth quarter of 2018 over the same quarter in the previous year. Industrial Production in Iraq averaged 4.39 percent from 1999 until 2018, reaching an all time high of 49.37 percent in the second quarter of 2009 and a record low of -28.60 percent in the fourth quarter of 2003. In Iraq, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Iraq Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Iraq decreased to 28.20 percent in 2018 from 43.20 percent in 2016. Employment Rate in Iraq averaged 44.06 percent from 2003 until 2018, reaching an all time high of 49.72 percent in 2006 and a record low of 28.20 percent in 2018. In Iraq, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Iraq Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Iraq decreased to 4.78 percent in 2016 from 4.86 percent in 2015. Deposit Interest Rate in Iraq averaged 6.80 percent from 2004 until 2016, reaching an all time high of 10.54 percent in 2008 and a record low of 4.78 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Iraq.

The Gross Domestic Product (GDP) in Iraq contracted 1 percent in 2018 from the previous year. GDP Annual Growth Rate in Iraq averaged 7.04 percent from 1991 until 2018, reaching an all time high of 54.16 percent in 2004 and a record low of -56.40 percent in 1991. In Iraq, oil extraction is the most important sector of the economy and accounts for 55 percent of GDP. The services sector constitutes 33 percent of the output. Within services the largest segments are: community, social and personal services (13 percent of GDP); finance, insurance and real estate services (9 percent) and wholesale and retail trade and restaurants and hotels (7 percent). Manufacturing, construction and water and electricity production and distribution account for 8 percent of the wealth and agriculture, forestry, hunting and fishing for the remaining 4 percent. This page provides - Iraq GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Iraq was last recorded at 5510.80 US dollars in 2018. The GDP per Capita in Iraq is equivalent to 44 percent of the world's average. GDP per capita in Iraq averaged 3266.35 USD from 1968 until 2018, reaching an all time high of 5846.50 USD in 2016 and a record low of 1432.20 USD in 1991. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Iraq GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Iraq was last recorded at 15564.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iraq, when adjusted by Purchasing Power Parity is equivalent to 88 percent of the world's average. GDP per capita PPP in Iraq averaged 11296.98 USD from 1990 until 2018, reaching an all time high of 16512.90 USD in 2016 and a record low of 4045 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Iraq GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Iraq increased to 87260 USD Million in 2018 from 57559 USD Million in 2017. Exports in Iraq averaged 38475.53 USD Million from 1988 until 2018, reaching an all time high of 94209 USD Million in 2012 and a record low of 1720.40 USD Million in 1994. Iraq is the world´s seventh biggest producer and exporter of oil. Shipments of crude oil account for 99 percent of total exports. Main export partners are: United States (25 percent of total exports), India (14 percent), China (12 percent) and South Korea (9 percent). Others include: Italy, Japan, France and Syria. This page provides - Iraq Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Iraq increased to 45736 USD Million in 2018 from 38766 USD Million in 2017. Imports in Iraq averaged 27498.58 USD Million from 1988 until 2018, reaching an all time high of 59349 USD Million in 2013 and a record low of 2681.90 USD Million in 1994. Iraq main imports are: machinery and transport equipment (38 percent of total imports), manufactured articles (27 percent), mineral fuels (10 percent), and chemicals and related products (7 percent). Main import partners are: Syria (18 percent of total imports), China (14 percent) and United States (6 percent). Others include: South Korea, Jordan, Germany and India. This page provides - Iraq Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a trade surplus of 41524 USD Million in 2018. Balance of Trade in Iraq averaged 10976.96 USD Million from 1988 until 2018, reaching an all time high of 47550 USD Million in 2008 and a record low of -3492 USD Million in 2004. Iraq has been recording trade surpluses since 2005 due to a rise in the shipments of oil (99 percent of total exports). Main imports are: machinery and transport equipment; manufactured articles and mineral fuels. Main trading partners are: United States (25 percent of total exports and 6 percent of imports) and China (12 percent of exports and 14 percent of imports). Others include: Syria, India and South Korea. This page provides - Iraq Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Iraq decreased to 9.24 in 2018 from 9.75 in 2017. Terrorism Index in Iraq averaged 8.86 from 2002 until 2018, reaching an all time high of 10 in 2014 and a record low of 4.09 in 2002. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

GDP Constant Prices in Iraq increased to 67955292.60 IQD Million in the third quarter of 2019 from 67242399.80 IQD Million in the second quarter of 2019. GDP Constant Prices in Iraq averaged 27363911.28 IQD Million from 1998 until 2019, reaching an all time high of 70537503.50 IQD Million in the third quarter of 2018 and a record low of 1105299 IQD Million in the third quarter of 2001. This page provides - Iraq GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Iraq remained unchanged at 7.90 percent in 2019 from 7.90 percent in 2018. Unemployment Rate in Iraq averaged 8.92 percent from 1991 until 2019, reaching an all time high of 10.30 percent in 1991 and a record low of 7.90 percent in 2014. In Iraq, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Iraq Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Iraq was estimated at 39.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Iraq had a population of 7.3 million people. The population of Iraq represents 0.48 percent of the world´s total population which arguably means that one person in every 212 people on the planet is a resident of Iraq. This page provides - Iraq Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Iraq increased to 97.50 points in January of 2020 from 96.70 points in December of 2019. CPI Transportation in Iraq averaged 96.53 points from 2015 until 2020, reaching an all time high of 102 points in May of 2018 and a record low of 94.50 points in April of 2016. This page provides - Iraq Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Iraq increased to 116.30 points in January from 114.20 points in December of 2019. CPI Housing Utilities in Iraq averaged 114.53 points from 2015 until 2020, reaching an all time high of 120.20 points in September of 2017 and a record low of 109.50 points in May of 2015. This page provides - Iraq Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Iraq was recorded at 0.90 percent in January of 2020. Inflation Rate in Iraq averaged 9.53 percent from 2005 until 2020, 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. In Iraq, the most important components of the Consumer Price Index (CPI) basket are: housing, water, electricity and LPG (31.3 percent of total weight) and food and non-alcoholic beverages (30.1 percent). Transportation accounts for 11.1 percent, clothes and footwear for 7.3 percent, house supplies, appliances and maintenance for 6.4 percent. The index also includes: miscellaneous services and goods (3.9 percent), communications (2.9 percent), health (2.3 percent), recreation and culture (1.6 percent), restaurants (1.4 percent), education (1 percent) and alcoholic, beverages and tobacco (0.7 percent). The index has a base of 100 as of 2007. This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Iraq decreased 2.80 percent in January of 2020 over the same month in the previous year. Food Inflation in Iraq averaged 0.79 percent from 2011 until 2020, reaching an all time high of 13.27 percent in April of 2012 and a record low of -7.19 percent in January of 2015. This page provides the latest reported value for - Iraq Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Iraq was last recorded at 4 percent. Interest Rate in Iraq averaged 6.67 percent from 2004 until 2020, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Rigs in Iraq decreased to 58 in April from 61 in March of 2020. Crude Oil Rigs in Iraq averaged 45.70 from 2009 until 2020, reaching an all time high of 96 in June of 2014 and a record low of 0 in June of 2009. This page provides - Iraq Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded 2603 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Iraq reported 104 Coronavirus Deaths. This page includes a chart with historical data for Iraq Coronavirus Cases.

Iraq recorded 104 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Iraq reported 2603 Coronavirus Cases. This page includes a chart with historical data for Iraq Coronavirus Deaths.

Iraq recorded 1661 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Iraq reported 104 Coronavirus Deaths. This page includes a chart with historical data for Iraq Coronavirus Recovered.

Iraq recorded a government budget deficit of 853060 IQD Million in October of 2019. Government Budget Value in Iraq averaged 9635610.35 IQD Million from 2004 until 2019, reaching an all time high of 61244368 IQD Million in August of 2015 and a record low of -13581445 IQD Million in September of 2012. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Iraq Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Iraq increased to 924397 in 2001 from 880756 in 2000. Employed Persons in Iraq averaged 864016.38 from 1994 until 2001, reaching an all time high of 924397 in 2001 and a record low of 831523 in 1994. In Iraq, employed persons are individuals with a minimum required age who work during a certain time for a business. This page provides - Iraq Employed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Iraq stands at B- with stable outlook. Moody's credit rating for Iraq was last set at Caa1 with stable outlook. Fitch's credit rating for Iraq was last reported at B- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Iraq thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Iraq as reported by major credit rating agencies.

Exports to United Arab Emirates in Turkey decreased to 213.54 USD Million in March from 264.20 USD Million in February of 2020. Exports to United Arab Emirates in Turkey averaged 415.80 USD Million from 2014 until 2020, reaching an all time high of 1097.41 USD Million in July of 2017 and a record low of 153.45 USD Million in January of 2018. This page includes a chart with historical data for Turkey Exports to Uae.

Exports to Iran in Turkey decreased to 36.27 USD Million in March from 160.01 USD Million in February of 2020. Exports to Iran in Turkey averaged 334.57 USD Million from 2014 until 2020, reaching an all time high of 4088 USD Million in April of 2014 and a record low of 36.27 USD Million in March of 2020. This page includes a chart with historical data for Turkey Exports to Iran.

Exports to Iraq in Turkey decreased to 453.31 USD Million in March from 806.45 USD Million in February of 2020. Exports to Iraq in Turkey averaged 724.61 USD Million from 2014 until 2020, reaching an all time high of 1110.04 USD Million in December of 2014 and a record low of 443.48 USD Million in July of 2016. This page includes a chart with historical data for Turkey Exports to Iraq.

Imports from United Arab Emirates in Turkey decreased to 260204.98 USD THO in March from 316146.31 USD THO in February of 2020. Imports from United Arab Emirates in Turkey averaged 320589 USD THO from 2014 until 2020, reaching an all time high of 742528.18 USD THO in March of 2017 and a record low of 119014 USD THO in October of 2015. This page includes a chart with historical data for Turkey Imports from the United Arab Emirates.

Imports from Iraq in Turkey decreased to 283.42 USD Million in March from 737.35 USD Million in February of 2020. Imports from Iraq in Turkey averaged 120.68 USD Million from 2014 until 2020, reaching an all time high of 778.23 USD Million in January of 2020 and a record low of 12.86 USD Million in August of 2015. This page includes a chart with historical data for Turkey Imports from Iraq.

Imports from Iran in Turkey decreased to 51.05 USD Million in March from 112.63 USD Million in February of 2020. Imports from Iran in Turkey averaged 495.72 USD Million from 2014 until 2020, reaching an all time high of 929.67 USD Million in July of 2014 and a record low of 51.05 USD Million in March of 2020. This page includes a chart with historical data for Turkey Imports from Iran.

Global trade imbalances narrowed in the aftermath of the global financial crisis. They have remained at a lower level but are still of concern to policy makers because of the risks they pose to individual economies, as well as globally.

Core consumer prices in Iraq increased 1.30 percent in February of 2020 over the same month in the previous year. Core Inflation Rate in Iraq averaged 7.82 percent from 2000 until 2020, reaching an all time high of 107.04 percent in July of 2004 and a record low of -2.10 percent in January of 2016. In Iraq, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items. This page provides the latest reported value for - Iraq Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iraq scored 20 points out of 100 on the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Index in Iraq averaged 17.59 Points from 2003 until 2019, reaching an all time high of 22 Points in 2003 and a record low of 13 Points in 2008. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory’s score indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). This page provides the latest reported value for - Iraq Corruption Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M2 in Iraq increased to 103441 IQD Billion in December from 12871.20 IQD Billion in November of 2019. Money Supply M2 in Iraq averaged 56212.70 IQD Billion from 2003 until 2019, reaching an all time high of 103441 IQD Billion in December of 2019 and a record low of 6953 IQD Billion in December of 2003. Iraq Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Iraq Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq is the 162 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Iraq averaged 162.18 from 2003 until 2019, reaching an all time high of 178 in 2007 and a record low of 113 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Iraq Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Crude Oil Production in Iraq remained unchanged at 4500 BBL/D/1K in March from 4500 BBL/D/1K in February of 2020. Crude Oil Production in Iraq averaged 2182.65 BBL/D/1K from 1973 until 2020, reaching an all time high of 4830 BBL/D/1K in December of 2016 and a record low of 0 BBL/D/1K in February of 1991. This page provides the latest reported value for - Iraq Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Corporate Tax Rate in Iraq stands at 15 percent. In Iraq, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Iraq. This page provides - Iraq Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Iraq increased to 106.50 points in February from 106.30 points in January of 2020. Core Consumer Prices in Iraq averaged 105.02 points from 2016 until 2020, reaching an all time high of 106.50 points in July of 2018 and a record low of 103.70 points in November of 2016. This page provides the latest reported value for - Iraq Core Consumer Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Iraq increased to 86771 IQD Billion in December from 86533.40 IQD Billion in November of 2019. Money Supply M1 in Iraq averaged 46448.60 IQD Billion from 2003 until 2019, reaching an all time high of 86771 IQD Billion in December of 2019 and a record low of 5774 IQD Billion in December of 2003. This page provides - Iraq Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M0 in Iraq decreased to 74431 IQD Billion in February from 74774 IQD Billion in January of 2020. Money Supply M0 in Iraq averaged 46579.87 IQD Billion from 2003 until 2020, reaching an all time high of 78253 IQD Billion in December of 2019 and a record low of 6708 IQD Billion in December of 2003. Iraq Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Iraq Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

IP Addresses in Iran decreased to 6878918 IP in the first quarter of 2017 from 7179821 IP in the fourth quarter of 2016. IP Addresses in Iran averaged 2925365.46 IP from 2007 until 2017, reaching an all time high of 7634376 IP in the first quarter of 2016 and a record low of 175430 IP in the third quarter of 2007. This page includes a chart with historical data for IranIP Addresses.

Temperature in Iran decreased to 6.54 celsius in December from 11.87 celsius in November of 2015. Temperature in Iran averaged 17.61 celsius from 1837 until 2015, reaching an all time high of 31.65 celsius in July of 2010 and a record low of -0.02 celsius in January of 1964. This page includes a chart with historical data for Iran Average Temperature.

Precipitation in Iran increased to 32.77 mm in December from 16.97 mm in November of 2015. Precipitation in Iran averaged 18.72 mm from 1901 until 2015, reaching an all time high of 81.40 mm in March of 1996 and a record low of 0.15 mm in August of 1995. This page includes a chart with historical data for Iran Average Precipitation.