iq Iraq 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$209.69 billion

↑ 15.92% vs 2020
GDP per Capita

$4,868.49

↑ 13.35% vs 2020
GDP Growth (Annual %)

1.50%

↑ 13.54pp vs 2020
Inflation Rate (CPI %)

6.04%

↑ 5.47pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $180.90 billion $209.69 billion +15.92%
GDP per Capita $4,295.19 $4,868.49 +13.35%
GDP Growth (Annual %) -12.04% 1.50% +13.54pp
Inflation (CPI %) 0.57% 6.04% +5.47pp
Unemployment Rate (%) 15.78% 16.17% +0.39pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$209.69 billion
GDP per Capita
$4,868.49
GDP Growth (Annual %)
1.50%
Gross National Income
$207.63 billion
Prices & Employment
Inflation (CPI %)
6.04%
Inflation (GDP Deflator %)
38.90%
Unemployment Rate (%)
16.17%
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)
11.71%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Iraq's Gross Domestic Product (GDP) is $209.69 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Iraq for 2021 is $4,868.49. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Iraq for 2021 is 6.04%. This measures the annual percentage change in the cost of consumer goods and services.

Iraq's annual GDP growth rate for 2021 is 1.50%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Iraq for 2021 is 16.17%. This represents the percentage of the labor force that is unemployed and actively seeking employment.