Lewes, DE -- (SBWIRE) -- 12/14/2017 -- As per International Monetary Fund (IMF) Iraq's nominal gross domestic product is expected to grow at a CAGR of 4.97% from it's 2015 level of IQD 209685.162 billion and reach IQD 294423.334 billion by 2022.

Iraq, officially the Republic of Iraq, is a country in Western Asia encompassing the Mesopotamian alluvial plain, the northwestern end of the Zagros mountain range, and the eastern part of the Syrian Desert. Iraq borders Turkey to the north, Iran to the east, Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest, and Syria to the west.

Iraq had estimated population of 36.067 million in the year 2016 and expected to reach 42.014 million by 2022, which is expected to increase at a CAGR of 2.58%.
Iraqs real gross domestic product (GDP) was around IQD 203474.6 billions in 2016 whereas the nominal GDP was IQD 197118.525 billions. This resulted in GDP deflator 96.876. Per capita GDP was estimated at USD 4630.96whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 17943.71.

In 2016, Iraq governments revenue was IQD 66480.18 billions whereas the expenditure was IQD 82763.40 billions. This resulted Iraq governments net lending / borrowing negative at IQD 16283.219 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Iraq was estimated to be at USD 12.198 billions for the year 2016 and is expected to decline at a CAGR of 20.26% and reach USD 2.385 by 2022. This negative current account balance indicates the Iraq is net a borrower to the whole world.

Scope of the Iraq PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Iraq.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Iraq.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Iraq.
- These reports provide risk analysis for Iraq.

For more information and to purchase Iraq PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-pestel-analysis-market-research-report

For more information and to purchase Iraq SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-swot-analysis-market-research-report

For more information and to purchase Iraq Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/iraq-risk-analysis-market-research-report

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