Iraq

Country Summary

Introduction

Background

Formerly part of the Ottoman Empire, Iraq was declared a League of Nations mandate under UK administration in 1920. Iraq attained its independence as a kingdom in 1932 and was proclaimed a "republic" in 1958. The invasion of Kuwait in 1990 led to a period of instability as the country strove to install a representative government. In December 2017, then-Prime Minister Haydar al-ABADI publicly declared victory against ISIS.

Geography

Area

total: 438,317 sq km
land: 437,367 sq km
water: 950 sq km

Climate

mostly desert; mild to cool winters with dry, hot, cloudless summers; northern mountainous regions along Iranian and Turkish borders experience cold winters with occasionally heavy snows that melt in early spring, sometimes causing extensive flooding in central and southern Iraq

Natural resources

petroleum, natural gas, phosphates, sulfur

People and Society

Population

41,266,109 (2023 est.)

Ethnic groups

Arab 75-80%, Kurdish 15-20%, other 5% (includes Turkmen, Yezidi, Shabak, Kaka'i, Bedouin, Romani, Assyrian, Circassian, Sabaean-Mandaean, Persian)

Languages

Arabic (official), Kurdish (official); Turkmen (a Turkish dialect) and Syriac (Neo-Aramaic) are recognized as official languages where native speakers of these languages are present; Iraqis have the right to be educated in their native language

Religions

Muslim (official) 95-98% (Shia 61-64%, Sunni 29-34%), Christian 1% (includes Catholic, Orthodox, Protestant, Assyrian Church of the East), other 1-4% (2015 est.)

Population growth rate

1.94% (2023 est.)

Government

Government type

federal parliamentary republic

Capital

name: Baghdad

Executive branch

chief of state: President Latif RASHID (since 13 October 2022); vice presidents (vacant)
head of government: Prime Minister Mohammed Shia al-SUDANI (since 27 October 2022)

Legislative branch

description: unicameral Council of Representatives of Iraq (COR) or Majlis an-Nuwwab al-Iraqiyy (329 seats; 320 members directly elected in 83 multi-seat constituencies by single nontransferable vote, 9 seats elected by religious minorities - 5 by Christians, 1 each by Sabaean-Mandaeans, Yazidis, Shabaks andFayli Kurds, and 25% of seats allocated to women; members serve 4-year terms)

Economy

Economic overview

oil-dependent Middle Eastern economy; COVID-19 disruption and domestic economy fragility post-US presence; poverty increases; currency devaluation leading to inflation; import-dependent for most sectors; evaluating fiscal and monetary restructuring

Real GDP (purchasing power parity)

$409.321 billion (2022 est.)
$382.511 billion (2021 est.)
$376.549 billion (2020 est.)

Real GDP per capita

$9,200 (2022 est.)
$8,800 (2021 est.)
$8,800 (2020 est.)

Agricultural products

wheat, barley, dates, tomatoes, rice, maize, grapes, potatoes, watermelons

Industries

petroleum, chemicals, textiles, leather, construction materials, food processing, fertilizer, metal fabrication/processing

Exports

$127.079 billion (2022 est.)
$78.261 billion (2021 est.)
$50.666 billion (2020 est.)

Exports - partners

China 26%, India 24%, South Korea 9%, United States 8%, Italy 6%, Greece 6% (2019)

Exports - commodities

crude petroleum, refined petroleum, gold, petroleum coke, natural gas (2021)

Imports

$69.162 billion (2022 est.)
$50.707 billion (2021 est.)
$54.865 billion (2020 est.)

Imports - partners

United Arab Emirates 28%, Turkey 21%, China 19% (2019)

Imports - commodities

refined petroleum, broadcasting equipment, cars, jewelry, cigarettes (2019)

Exchange rates

Iraqi dinars (IQD) per US dollar -
Exchange rates:
1,450 (2022 est.)
1,450 (2021 est.)
1,192 (2020 est.)
1,182 (2019 est.)
1,182.75 (2018 est.)


Page last updated: Tuesday, April 16, 2024