Economy status in Iraq – By figures

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Economy status in Iraq – By figures
Researched and Prepared by: Hala Al Salam

IFPMC – LONDON

Unemployment:

Data from 1991 to 2019

The average value for Iraq during that period was 9.45 percent, with a minimum of 7.97 percent in 2012, and a maximum of 13.02 percent in 2017.

The latest value from 2019 is 12.82 percent.

For comparison, the world average in 2019 based on 182 countries is 7.04 percent.

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Female labour force participation rate:

Data from 1990 to 2019

The average value for Iraq during that period was 10.74 percent, with a minimum of 8.03 percent in 1990, and a maximum of 14.58 percent in 2016.

The latest value from 2019 is 11.62 percent.

For comparison, the world average in 2019 based on 182 countries is 51.98 percent.

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Economic growth – the rate of change of real GDP:

Data from 1969 to 2018

The average value for Iraq during that period was 7.51 percent, with a minimum of -64.05 percent in 1991, and a maximum of 57.82 percent in 1990.

The latest value on 2018 is -0.56 percent.

For comparison, the world average in 2018 based on 185 countries is 3.26 percent.

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Inflation – percent change in the Consumer Price Index:

Data for Iraq from 1960 to 2018.

The average value for Iraq during that period was 35.1 percent, with a minimum of -16.1 percent in 1996, and a maximum of 448.5 percent in 1994.

The latest value from 2018 is 0.4 percent.

For comparison, the world average in 2018 based on 154 countries is 3.4 percent.

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Domestic credit to the private sector – percent of GDP:

Data for Iraq from 1960 to 2017.

The average value for Iraq during that period was 8.25 percent, with a minimum of 1.27 percent in 2004, and a maximum of 14.07 percent in 1970.

The latest value from 2017 is 9.26 percent.

For comparison, the world average in 2017 based on 163 countries is 57.62 percent.

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International tourism revenue, percent of GDP:

Data for Iraq from 2005 to 2018.

The average value for Iraq during that period was 0.95 percent, with a minimum of 0.26 percent in 2006, and a maximum of 1.78 percent in 2016.

The latest value from 2018 is 0.89 percent.

For comparison, the world average in 2018 based on 157 countries is 7.92 percent.

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Share of industry – Value added by industry as percent of GDP:

Data for Iraq from 1968 to 2018.

The average value for Iraq during that period was 58.33 percent, with a minimum of 37.75 percent in 1986, and a maximum of 84.8 percent in 2000.

The latest value from 2018 is 56.1 percent.

For comparison, the world average in 2018 based on 164 countries is 26.20 percent.

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Trade balance as percent of GDP:

Data from 1970 to 2018.

The average value for Iraq during that period was 6.6 percent, with a minimum of -40.09 percent in 1982, and a maximum of 31.93 percent in 1980.

The latest value from 2018 is 8.02 percent.

For comparison, the world average in 2018 based on 162 countries is -4.70 percent.

Data source: TheGlobalEconomy.com

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