Iraq 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$166.74 billion
↓ 0.02% vs 2015GDP per Capita
$4,334.42
↓ 2.38% vs 2015GDP Growth (Annual %)
13.79%
↑ 11.18pp vs 2015Inflation Rate (CPI %)
0.56%
↓ 0.84pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $166.77 billion | $166.74 billion | -0.02% |
| GDP per Capita | $4,440.14 | $4,334.42 | -2.38% |
| GDP Growth (Annual %) | 2.61% | 13.79% | +11.18pp |
| Inflation (CPI %) | 1.39% | 0.56% | -0.84pp |
| Unemployment Rate (%) | 10.84% | 10.82% | -0.02pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $166.74 billion
- GDP per Capita
- $4,334.42
- GDP Growth (Annual %)
- 13.79%
- Gross National Income
- $165.18 billion
Prices & Employment
- Inflation (CPI %)
- 0.56%
- Inflation (GDP Deflator %)
- -11.10%
- Unemployment Rate (%)
- 10.82%
- Interest Rate (Real %)
- 26.40%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 1.29%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Iraq's Gross Domestic Product (GDP) is $166.74 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iraq for 2016 is $4,334.42. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iraq for 2016 is 0.56%. This measures the annual percentage change in the cost of consumer goods and services.
Iraq's annual GDP growth rate for 2016 is 13.79%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iraq for 2016 is 10.82%. This represents the percentage of the labor force that is unemployed and actively seeking employment.