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Moreover, oil prices are at historically low levels as Covid-19 hits demand. Der Ghbar - Hay Al Diyar - Al Shakereen St. Building No.2 P.O. Compared to Jordan, where the literacy rate rose from 75 percent in 1985 to 88.6 percent in 1998, Iraq’s had dropped from 89 percent to 73.5 percent. Moreover, oil prices are at historically low levels as Covid-19 hits demand.

World Bank national accounts data, and OECD National Accounts data files. Oil production was down sharply year-on-year in Q1 and, as part of April’s OPEC+ deal, Iraq has committed to reducing output substantially going forward. It's ranking among other countries is 163. In some instances, these figures are estimates. During US occupation of Iraq (2003-2011) Following the removal of Saddam Hussein's administration and the subsequent violence, the three provinces fully under the Kurdistan Regional Government's control were the only three in Iraq to be ranked "secure" by the US government. Leadership, organization, and history. The latest comprehensive information for - Iraq Inflation Rate - including latest news, historical data table, charts and more. Iraq Economic Outlook. Global Economic Prospects examines trends for the world economy and how they affect developing countries. Box 35296 Amman 11180, Jordan. Download Historical Data Save as Image. No claims are made regarding the accuracy of Iraq Economy 2020 information contained here. Inflation Rate in Iraq averaged 9.48 percent from 2005 until 2020, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009.

The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.

This statistic shows the average inflation rate in Iraq from 2005 to 2019, with projections up until 2021.

The peg was then switched to the US Dollar at a rate of 1 IQD to 2.8 USD. Facts and statistics about the Inflation rate (consumer prices) of Iraq.

During British occupation in World War I, the Indian Rupee was introduced as the first official currency of Iraq. Iraq - Inflation The economy is in dire straits. Resident Representative for Iraq Kareem K. Ismail Resident Representative . Inflation rate in Iraq 2021; The most important statistics .

Iraq's core inflation rate rose to 5.2 percent year-on-year in September, up from 5 percent year-on-year in August. Find Out. Office Information.

Data Source: World Bank MLA Citation: Similar Country …

License: CC BY-4.0 Line Bar Map. Iraq unemployment rate for 2017 was 13.02%, a 2.2% increase from 2016. Global Economic Prospects. For 2018, an inflation rate of 0.4% was calculated.

Iraq. Latest news and information from the World Bank and its development work in Iraq. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out Toggle navigation. Iraq unemployment rate for 2018 was 12.86%, a 0.16% decline from 2017.

Glyn Davies spoke of War as a major factor in creating inflation in his book “A History of Money: From Ancient Times to the Present Day” . The inflation rate for consumer prices in Iraq moved over the past 27 years between -16.1% and 448.5%. Iraq unemployment rate for 2016 was 10.82%, a 0.11% increase from 2015.

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