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As Iraq appears to be descending into all-out sectarian war, the implications for the oil-dependent economy are huge. Iraq is Opec’s second-largest crude exporter, so markets are already feeling ...
Growth in real GDP per capita in Iraq is projected to fall to -4.5 percent, markedly less than the 4.7 percent increase in 2022. By the end of 2023, real GDP per capita is expected to be 15.3 ...
ERBIL, Kurdistan Region - The International Monetary Fund (IMF) on Wednesday said Iraq’s GDP is projected to grow by 8 percent in 2022 and called on the country to take advantage of high oil ...
NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.
President Donald Trump took the stage at the World Economic Forum in Davos on Friday morning with an announcement: “After years of stagnation, the United States is once again experiencing strong ...
Joint-stock companies make up just two percent of Iraq’s gross domestic product (GDP), the lowest percentage in the Middle East and North Africa, Governor of the Central Bank of Iraq (CBI) Ali ...
The International Monetary Fund (IMF) said on Tuesday that Iraq's lower oil production will reduce the country's overall GDP growth in 2023 and 2024.
As the Iraqi government advances Vision 2030 and invests in reconstruction, Iraq’s real GDP growth is set to nearly triple to 8.1 percent in 2020, especially thanks to an increase in diversified ...
State government spending was also higher than average, by about 0.2 percentage points. If government spending had been at normal levels, GDP would have increased 1.5 percent instead of 2.1 percent.
DUBAI: The International Monetary Fund said Iraq faces lower GDP growth in 2023 and 2024 as a result of lower oil output, including from OPEC+ production cuts, while a large fiscal expansion in ...
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