Iraq has the world's fifth largest petroleum reserves and it is also its most valuable mineral. Oil contributes the largest portion of GDP and constitutes most of Iraq's foreign exchange. It has traditionally provided about 95% of foreign exchange earnings.
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Iraq
Country in the Middle East
Iraq, officially the Republic of Iraq, is a country in West Asia and in the geopolitical region known as the Middle East. With a population of over 46 million, it is the 33rd-most populous country. It is a federal parliamentary republic that... Wikipedia
GDP growth rate: 7.0% annual change (2022)
Gross domestic product: 264.2 billion USD (2022)
GDP per capita: 5,937.20 USD (2022)
Gross national income: 481.7 billion PPP dollars (2022)
GNI per capita: 10,830 PPP dollars (2022)
Internet users: 78.7% of the population (2022)
Currency: Iraqi Dinar
Source: World Bank
Feb 16, 2024 · ... Iraq (55%) to believe the economy is getting better. Iraqi Kurdistan is also significantly less positive about the local job market (23 ...