Showing posts with label #OilPrices #IraqEconomy #DinarUpdate. Show all posts
Showing posts with label #OilPrices #IraqEconomy #DinarUpdate. Show all posts

Friday, April 10, 2026

Iraq 2026: Digital Dinar, Global Trade & the Future of the IQD #iqdrate #iqd #iqdupdate



IN A DETAILED REPORT, THE INTERNATIONAL MONETARY FUND RANKS IRAQ’S ECONOMY BOTH REGIONALLY AND GLOBALLY.

IN A DETAILED REPORT, THE INTERNATIONAL MONETARY FUND RANKS IRAQ’S ECONOMY BOTH REGIONALLY AND GLOBALLY

The International Monetary Fund announced on Monday that Iraq will be the fifth largest Arab economy in 2026, while predicting continued growth in the Iraqi economy by 2030.

The report stated that “data showed Iraq ranking fifth among Arab economies in 2026, based on purchasing power parity (PPP) GDP, with a value of $739.13 billion, placing it 44th globally.”


According to the report, the top five Arab economies were ranked as follows: Saudi Arabia led the Arab world (16th globally), followed by Egypt in second place (18th globally), the United Arab Emirates in third, Algeria in fourth, and Iraq in fifth.
The report also noted that “globally, three superpowers maintained their leading positions; China ranked first with $43.5 trillion, followed by the United States in second place with $31.8 trillion, and India in third place with $19.1 trillion.”

According to detailed official indicators for Iraq, nominal GDP at current prices reached $273.91 billion, with a real growth rate of 3.6%.

Per capita GDP (PPP) stood at $15,850, while the population reached 46.64 million.
Regarding monetary and fiscal stability, the report noted that “the annual inflation rate remained stable at 2.5%, net public lending/borrowing was -7.1%, and the current account deficit was 1.1%.”

The IMF concluded its report with projections indicating that “the Iraqi economy will continue to grow by 2030.”

Iraq 2026: Digital Dinar, Global Trade & the Future of the IQD #iqdrate #iqd #iqdupdate

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