As per International Monetary Fund (IMF)
Iraq’s nominal gross domestic product is expected to grow at a CAGR of 4.97%
from it’s 2015 level of IQD 209685.162 billion and reach IQD 294423.334 billion
by 2022.
Iraq, officially the Republic of Iraq, is a
country in Western Asia encompassing the Mesopotamian alluvial plain, the
northwestern end of the Zagros mountain range, and the eastern part of the Syrian
Desert. Iraq borders Turkey to the north, Iran to the east, Kuwait to the
southeast, Saudi Arabia to the south, Jordan to the southwest, and Syria to the
west.
Iraq had estimated population of 36.067
million in the year 2016 and expected to reach 42.014 million by 2022, which is
expected to increase at a CAGR of 2.58%.
Iraqs real gross domestic product (GDP) was
around IQD 203474.6 billions in 2016 whereas the nominal GDP was IQD 197118.525
billions. This resulted in GDP deflator 96.876. Per capita GDP was estimated at
USD 4630.96whereas purchasing power parity (PPP) based per capita GDP was
estimated to be at USD 17943.71.
In 2016, Iraq governments revenue was IQD
66480.18 billions whereas the expenditure was IQD 82763.40 billions. This
resulted Iraq governments net lending / borrowing negative at IQD 16283.219
billion in 2016 indicating that enough financial resources were not made
available by the government to boost economic growth.
The current account balance for Iraq was
estimated to be at USD 12.198 billions for the year 2016 and is expected to
decline at a CAGR of 20.26% and reach USD 2.385 by 2022. This negative current
account balance indicates the Iraq is net a borrower to the whole world.
Scope of the Iraq PESTEL
Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Iraq.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Iraq.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Iraq.
- These reports provide risk analysis for Iraq.
For more information and to purchase Iraq PESTEL Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-pestel-analysis-market-research-report
For more information and to purchase Iraq SWOT Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-swot-analysis-market-research-report
For more information and to purchase Iraq Risk Analysis Market Research Report
please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-risk-analysis-market-research-report
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