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 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 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.

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.

Gross National Product in Iraq decreased to 224153528.60 IQD Million in 2014 from 240917008.90 IQD Million in 2013. Gross National Product in Iraq averaged 116414599.04 IQD Million from 2001 until 2014, reaching an all time high of 240917008.90 IQD Million in 2013 and a record low of 20594974.80 IQD Million in 2003. This page provides - Iraq Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Iraq stands at 5 percent. In Iraq, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iraq because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Iraq Social Security Rate For Employees- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Iraq increased to 105.50 points in February from 105.40 points in January of 2020. Consumer Price Index CPI in Iraq averaged 100.49 points from 2009 until 2020, reaching an all time high of 107.40 points in November of 2014 and a record low of 86.50 points in March of 2009. In Iraq, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides the latest reported value for - Iraq Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Iraq remained unchanged at 96.27 Tonnes in the fourth quarter of 2019 from 96.27 Tonnes in the third quarter of 2019. Gold Reserves in Iraq averaged 31.82 Tonnes from 2000 until 2019, reaching an all time high of 96.30 Tonnes in the fourth quarter of 2018 and a record low of 0 Tonnes in the second quarter of 2000. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Iraq Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Iraq stands at 15 percent. In Iraq, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Iraq. This page provides - Iraq Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cash Reserve Ratio in Iraq remained unchanged at 15 percent in January from 15 percent in December of 2019. Cash Reserve Ratio in Iraq averaged 16.28 percent from 2009 until 2020, reaching an all time high of 25 percent in February of 2009 and a record low of 15 percent in August of 2010. This page provides - Iraq Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Companies in Iraq stands at 12 percent. In Iraq, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iraq because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Iraq Social Security Rate For Companies - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iraq is ranked 172 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Iraq deteriorated to 172 in 2019 from 171 in 2018. Ease of Doing Business in Iraq averaged 161.17 from 2008 until 2019, reaching an all time high of 172 in 2019 and a record low of 150 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Iraq.

The Gross Domestic Product (GDP) in Iraq was worth 225.50 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Iraq represents 0.19 percent of the world economy. GDP in Iraq averaged 65.89 USD Billion from 1960 until 2019, reaching an all time high of 234.65 USD Billion in 2013 and a record low of 1.70 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Iraq GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Social Security Rate in Iraq stands at 17 percent. In Iraq, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Iraq because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Iraq Social Security Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Iraq increased to 73603392 IQD Million in October from 73236129 IQD Million in September of 2019. Government Revenues in Iraq averaged 39327890.20 IQD Million from 2004 until 2019, reaching an all time high of 119466403 IQD Million in December of 2012 and a record low of 1119448 IQD Million in January of 2004. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Iraq Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Iraq increased to 74456452 IQD Million in October from 66448687 IQD Million in September of 2019. Fiscal Expenditure in Iraq averaged 29508035.34 IQD Million from 2004 until 2019, reaching an all time high of 106873027 IQD Million in December of 2013 and a record low of 468749 IQD Million in January of 2004. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Iraq Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Secretary of state Mike Pompeo says strategic dialogue to determine future role will begin in June

Prime minister designate says government could be unable to pay half of the salaries of 3m-strong workforce next month

Mustafa al-Kadhimi’s appointment gives country its first functioning government in 6 months

Footage circulated on social media this evening purports to show a helicopter raid by US special forces that took place in the border town of Turkish-controlled Jarablus.

The 2,700-year-old clay tablet is inscribed with ancient medical treatments and although uncovered decades ago in Modern-day Iraq , a re-examination of the artifact uncovered the demonic being.

The secretary of State talked to Iraq's prime minister and president separately by phone Tuesday on the heels of the American embassy in Baghdad being stormed by an angry mob.

'The Coalition did NOT conduct airstrikes near Camp Taji (north of Baghdad) in recent days,' said Colonel Myles B. Caggins III, spokesman for Operation Inherent Resolve.

Adel Abdul Mahdi (left), Iraq's caretaker prime minister, said he was due to meet with top Iranian general Qassem Soleimani (right) on the day he was killed in Baghdad on Friday.

Kataib Hezbollah, an Iran-backed militia in Iraq at the centre of current tensions between Washington and Tehran, has threatened to attack US air bases in the country in revenge for the killing of Soleimani.

The move to draw up potential sanctions against Iraq came after confusion over the presence of U.S. troops, with Iraqis being sent a 'draft' withdrawal notice by 'mistake.'

Joe Biden delivered a foreign policy speech Tuesday where he laid out why it was impossible to believe the Trump administration's claims that Qassem Soleimani was an imminent threat.

Thousands of people have lined the streets of Qassem Soleimani hometown before the head of the Islamic Revolutionary Guard's elite Quds Force was laid to rest.

Ayatollah Ali Khamenei said the strike which saw 22 ballistic missiles fired at two US bases in Iraq was 'not enough' to punish the US while vowing to kick all American forces out of the Middle East.

Iran on Wednesday launched more than a dozen missiles against two US-led military bases in response to the US assassination of an Iranian military chief.

Australia could potentially find itself embroiled in another conflict in the Middle East after Iran launched a revenge rocket attack on American air bases in Iraq .

Hundreds of Australian troops will stay in Iraq after Iranian rockets fired on US-led military bases in the country. Australia has several hundred troops deployed to Iraq along with a team of diplomatic staff.

The State Department warned that Iraq's access to its main account at the Federal Reserve Bank of New York could be shut off if the Iraqi government asks American troops to leave.

American soldiers were either flown out of the al-Asad base (left) by 11pm on Tuesday local time or were sheltering in bunkers - waiting until the missiles fell at around 1:30am on Wednesday.

Four Iraqi soldiers were wounded in the attack, two military sources told Reuters. The military sources said the mortar bombs fell on a runway inside the base.

Jerry Holliman, 69, says he was exposed to Agent Orange, has battled cancer and diabetes and that he's now stuck in a Mississippi veterans home feeling abandoned by his country.

No coalition troops were injured in the Soviet-made Katyusha rocket attack on Camp Taji north of Baghdad on Tuesday night.

US-based actor Waleed Zuaiter, 49, takes the lead role in Channel 4's upcoming detective drama Baghdad Central, which is based on a book by American author Elliot Cola.

A soldier stationed in Iraq spotted two men breaking into his Illinois garage. Soldier Richard Wharton was 6,500 miles away and using an app on his phone spotted the burglars walking out with tools.

Lance Shingler, pictured, died after being found collapsed at his Birmingham home. He went to memorial services for each of his fallen colleagues and bravely battled a mental condition.

The Ministry of Defence has named the British servicewoman killed in a missile attack on Camp Taji in Iraq as Lance Corporal Brodie Gillon, 26.

Britain has 'the right to defend itself', the defence secretary has warned, after a missile strike in Iraq killed British servicewoman Lance Corporal Brodie Gillon and two others on Wednesday.