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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 a Middle Eastern nation with the world's fifth-largest proven crude oil reserves, making its economy heavily dependent on oil exports. The country continues to navigate complex political and security challenges following years of conflict and instability. Efforts are ongoing to rebuild infrastructure and diversify its economy.

Leadership

Abdul Latif Rashid

President

GOVERNMENT: Federal Parliamentary Republic

Economy

GDP

$280.0B

GDP per Capita

$6.0K

GDP Growth

+4.0%

Inflation

4.5%

Unemployment

15.0%

PetroleumNatural gasAgricultureConstructionServices

Trade

Key Exports

Crude oilRefined petroleumDatesCementSulfur

Key Imports

Machinery and equipmentFoodstuffsVehiclesMedicinesConsumer goods

Top Partners

ChinaIndiaUnited StatesTurkeySouth Korea

Headlines (8)

The NationalAug 9

Iraq arrests former governor and businessman over alleged graft

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EUROPE SAYSAug 9

Why did jihadism destroy historical monuments and images in Syria, Iraq, and Afghanistan?

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Times of IndiaAug 9

'Missile for missile, fire for fire': Iraq militia vows retaliation against US, Saudi Arabia

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The TribuneAug 9

"Missiles can only be countered with missiles": Iraqi militia vows revenge over US

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Al-MonitorAug 9

How Turkey is deepening energy and economic ties with Iraq as Iran weakens

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EUROPE SAYSAug 8

Qatar news agency

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Middle East MonitorAug 8

Iraq’s premier says country rejects use of territory to threaten neighbours

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EUROPE SAYSAug 8

Iraq’s Kurdish region wants to stay out of regional conflicts: PM Barzani

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