Iraq 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$180.90 billion
↓ 22.57% vs 2019GDP per Capita
$4,295.19
↓ 24.27% vs 2019GDP Growth (Annual %)
-12.04%
↓ 17.55pp vs 2019Inflation Rate (CPI %)
0.57%
↑ 0.77pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $233.64 billion | $180.90 billion | -22.57% |
| GDP per Capita | $5,671.86 | $4,295.19 | -24.27% |
| GDP Growth (Annual %) | 5.51% | -12.04% | -17.55pp |
| Inflation (CPI %) | -0.20% | 0.57% | +0.77pp |
| Unemployment Rate (%) | 14.11% | 15.78% | +1.67pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $180.90 billion
- GDP per Capita
- $4,295.19
- GDP Growth (Annual %)
- -12.04%
- Gross National Income
- $179.09 billion
Prices & Employment
- Inflation (CPI %)
- 0.57%
- Inflation (GDP Deflator %)
- -11.22%
- Unemployment Rate (%)
- 15.78%
- Interest Rate (Real %)
- N/A
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)
- -3.49%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Iraq's Gross Domestic Product (GDP) is $180.90 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Iraq for 2020 is $4,295.19. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Iraq for 2020 is 0.57%. This measures the annual percentage change in the cost of consumer goods and services.
Iraq's annual GDP growth rate for 2020 is -12.04%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Iraq for 2020 is 15.78%. This represents the percentage of the labor force that is unemployed and actively seeking employment.