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Iraq

Iraq ยท IRQ ยท Middle East

73

Risk Score

Highโ†’ Stable

Risk Factors

Active conflict (structural)
No recent events in pipeline

Overview

Iraq is a country in the Middle East with vast oil reserves, working to rebuild its infrastructure and institutions after decades of conflict and instability. It faces ongoing challenges related to security, governance, and sectarian divisions, while striving to leverage its oil wealth for economic development. Iraq's strategic location makes it a focal point for regional and international powers.

Leadership

Abdul Latif Rashid

President

GOVERNMENT: Federal parliamentary republic

Economy

GDP

$280.0B

GDP per Capita

$6.0K

GDP Growth

+4.0%

Inflation

3.5%

Unemployment

14.0%

PetroleumServicesAgricultureLight Manufacturing

Trade

Key Exports

Crude oilRefined petroleumDates

Key Imports

Machinery and transport equipmentManufactured goodsFoodstuffsChemicals

Top Partners

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