Iraq: economy and key statistics
Iraq is number 54 in the 311 Nations Index, with a GDP of $254.4 billion in 2025. GDP per person is $5,410. The economy shrank by 2.2% in 2025. Unemployment is 15.5%. The economy is 52% services, 45% industry, 3% agriculture.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Iraq is number 52 in the 311 National Power Index, scoring 42.3 out of 100: economic 68, technology 14, military 36 and human capital 57.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $254.4 billion | 2025 |
| GDP (purchasing power) | $670.8 billion | 2025 |
| GDP per person | $5,410 | 2025 |
| Economic growth | -2.2% | 2025 |
| Inflation | 0.3% | 2025 |
| Unemployment | 15.5% | 2025 |
| Population | 47.0 million | 2025 |
| Labour force | 12.5 million | 2025 |
| Services share of GDP | 52% | 2025 |
| Industry share of GDP | 45% | 2025 |
| Manufacturing share of GDP | 4% | 2025 |
| Agriculture share of GDP | 3% | 2025 |
| Exports share of GDP | 40% | 2024 |
| Foreign direct investment | -2.7% of GDP | 2024 |
| Internet users | 81% of people | 2024 |
Main export industries
Iraq exported goods worth about $105.1bn in 2024. Its biggest export industries:
- Mineral fuels, mineral oils and products of their distillation: $104.1bn (99.0% of goods exports)
- Animal, vegetable or microbial fats and oils and their cleavage products: $0.4bn (0.4% of goods exports)
- Tanning or dyeing extracts: $0.3bn (0.3% of goods exports)
- Chemical products n.e.c.: $0.1bn (0.1% of goods exports)
- Fruit and nuts, edible: $0.1bn (0.0% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Middle East
- Saudi Arabia (#19)
- Israel (#26)
- United Arab Emirates (#30)
- Egypt (#43)
- Iran (#44)
- Algeria (#51)
- Qatar (#56)
- Morocco (#58)
- Kuwait (#59)
- Oman (#71)
- Jordan (#90)
- Tunisia (#93)
- Bahrain (#99)
- Libya (#101)
- Malta (#118)
Questions and answers
How big is the economy of Iraq?
Iraq had a GDP of $254.4 billion in 2025, ranking number 54 in the 311 Nations Index.
What is GDP per person in Iraq?
GDP per person in Iraq was $5,410 in 2025.
How fast is the economy of Iraq growing?
The economy of Iraq shrank by 2.2% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
© 311 Institute 2026. Facts from Wikidata (CC0) and the sources linked on this page. The selection, classification and links are the proprietary work of the 311 Institute, protected by copyright and database rights.