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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
Recent Events (1)
Headlines (8)
EUROPE SAYSAug 9
Why did jihadism destroy historical monuments and images in Syria, Iraq, and Afghanistan?
Read moreTimes of IndiaAug 9
'Missile for missile, fire for fire': Iraq militia vows retaliation against US, Saudi Arabia
Read moreThe TribuneAug 9
"Missiles can only be countered with missiles": Iraqi militia vows revenge over US
Read moreMiddle East MonitorAug 8