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Iraq

Iraq · IRQ · Middle East

73

Risk Score

High Stable

Risk Factors

Active conflict (structural)
No recent events in pipeline

Overview

Iraq is an oil-rich nation in the Middle East, undergoing a complex process of post-conflict reconstruction and political stabilization. Its economy is overwhelmingly dependent on oil exports, making it vulnerable to global price fluctuations. The country continues to grapple with security challenges and regional geopolitical tensions.

Leadership

Abdul Latif Rashid

President

Government: Federal parliamentary republic

Economy

GDP

$280.0B

GDP per Capita

$6.0K

GDP Growth

+4.5%

Inflation

3.5%

Unemployment

15.0%

Oil and GasAgricultureServicesConstruction

Trade

Key Exports

Crude oilDatesPetroleum products

Key Imports

Machinery and equipmentFoodstuffsVehiclesConsumer goods

Top Partners

IndiaChinaUnited StatesSouth KoreaTurkey

Headlines (8)

Middle East Monitor22h ago

Iraq prepares to reopen Syrian land route for oil exports to bypass Gulf

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Middle East Monitor23h ago

Iraq seizes $20 million hidden in water bottles in corruption probe

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Middle East Monitor1d ago

Iraq seeks strongest strategic ties with Saudi Arabia, says president

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India Today1d ago

US-Iran Conflict Live: Lebanese President to discuss 'not ideal' Israel deal with Trump

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The Atlanta Journal-Constitution1d ago

7 OPEC+ countries agree to expand monthly oil production modestly as prices slide

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PerthNow1d ago

Three of slain Iran leader's four sons attend funeral

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The Indian Express2d ago

Funeral prayers unite Iran’s leadership, but where is Mojtaba Khamenei?

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Devdiscourse2d ago

OPEC+ Raises Oil Output Amid Geopolitical Shifts

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