Key data points
Last release
—
Observation period
2024
Next release
—
Forecast
—
Highest
54.16 % on Dec 31, 2004
Lowest
−56.40 % on Dec 31, 1991
About Iraq GDP YoY
In Iraq, oil extraction is the most important sector of the economy and accounts for 55 percent of GDP. The services sector constitutes 33 percent of the output. Within services the largest segments are: community, social and personal services (13 percent of GDP); finance, insurance and real estate services (9 percent) and wholesale and retail trade and restaurants and hotels (7 percent). Manufacturing, construction and water and electricity production and distribution account for 8 percent of the wealth and agriculture, forestry, hunting and fishing for the remaining 4 percent.