Iraq
- Capital
- Baghdad
- Region
- Middle East, North Africa, Afghanistan & Pakistan
- Income group
- Upper middle income
- Population
- 47.0 million (2025)
At a glance
- Prices in Iraq rose 0.3% in 2025, slower than in most countries.
- Iraq's economy shrank 2.2% in 2025, slower than most economies.
- Output per person in Iraq was US$5,410 in 2025, lower than in most countries.
- 15.5% of Iraq's labour force had no job in 2025, a higher share than in most countries.
- Iraq had 47.0 million people in 2025: about 0.6% of everyone on Earth, the 34th largest population of 217 countries and territories.
- Iraq had a current account surplus of 1.9% of GDP in 2025, higher than in most countries.
Inflation
2025Consumer prices, change over the year (yearly average)
Since 2000
Show the numbers
| Year | Iraq | World median |
|---|---|---|
| 2025 | 0.3% | 3.0% |
| 2024 | 2.6% | 3.0% |
| 2023 | 4.4% | 5.7% |
| 2022 | 5.0% | 8.0% |
| 2021 | 6.0% | 3.5% |
| 2020 | 0.6% | 1.9% |
| 2019 | −0.2% | 2.2% |
| 2018 | 0.4% | 2.5% |
| 2017 | 0.2% | 2.3% |
| 2016 | 0.6% | 1.6% |
Economic growth
2025Real GDP, change over the year
Since 2000
Show the numbers
| Year | Iraq | World median |
|---|---|---|
| 2025 | −2.2% | 3.4% |
| 2024 | −1.6% | 3.4% |
| 2023 | 0.5% | 3.2% |
| 2022 | 8.0% | 4.3% |
| 2021 | 1.5% | 5.1% |
| 2020 | −12.0% | −3.8% |
| 2019 | 5.5% | 2.8% |
| 2018 | 2.6% | 3.2% |
| 2017 | −1.8% | 3.3% |
| 2016 | 13.8% | 3.1% |
GDP per person
2025GDP divided by population, in US dollars at current prices
Since 2000
Show the numbers
| Year | Iraq | World median |
|---|---|---|
| 2025 | US$5,410 | US$7,882 |
| 2024 | US$6,074 | US$7,853 |
| 2023 | US$5,965 | US$7,862 |
| 2022 | US$6,521 | US$7,656 |
| 2021 | US$4,868 | US$7,269 |
| 2020 | US$4,295 | US$6,433 |
| 2019 | US$5,672 | US$7,037 |
| 2018 | US$5,647 | US$6,978 |
| 2017 | US$4,759 | US$6,548 |
| 2016 | US$4,334 | US$5,982 |
Unemployment
2025Share of the labour force without a job (ILO modelled estimate)
Since 2000
Show the numbers
| Year | Iraq | World median |
|---|---|---|
| 2025 | 15.5% | 5.1% |
| 2024 | 15.3% | 5.1% |
| 2023 | 15.2% | 5.2% |
| 2022 | 15.4% | 5.3% |
| 2021 | 16.2% | 6.0% |
| 2020 | 15.8% | 6.4% |
| 2019 | 14.1% | 5.4% |
| 2018 | 13.5% | 5.4% |
| 2017 | 13.0% | 5.6% |
| 2016 | 10.8% | 5.9% |
Population
2025Everyone living in the country, mid-year
Since 2000
Show the numbers
| Year | Iraq |
|---|---|
| 2025 | 47.0 million |
| 2024 | 46.0 million |
| 2023 | 45.1 million |
| 2022 | 44.1 million |
| 2021 | 43.1 million |
| 2020 | 42.1 million |
| 2019 | 41.2 million |
| 2018 | 40.3 million |
| 2017 | 39.3 million |
| 2016 | 38.5 million |
Current account balance, % of GDP
Since 2005
Show the numbers
| Year | Iraq | World median |
|---|---|---|
| 2025 | 1.9% | −0.8% |
| 2024 | 3.0% | −1.3% |
| 2023 | 10.6% | −1.2% |
| 2022 | 20.2% | −3.0% |
| 2021 | 11.7% | −2.4% |
| 2020 | −3.5% | −1.7% |
| 2019 | 6.8% | −2.1% |
| 2018 | 15.1% | −2.9% |
| 2017 | 8.0% | −2.1% |
| 2016 | 1.3% | −2.8% |
No recent World Bank figure for Iraq: government debt.
About these figures
All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Iraq since 2000 or since its first figure.
Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.