International Reserves in Iraq

Iraq International Reserves | Economic News & Forecasts

Iraq - International Reserves

The economy grew 5.5% in the second quarter according to recent statistical institute data. The oil sector expanded solidly, underpinned by stronger crude production. Moreover, the non-oil sector surged, likely supported by loose fiscal policy in the form of a higher wage bill and subsidies, stronger electricity generation and supportive weather conditions. Turning to the third quarter, the oil sector likely lost steam; annual crude production growth ebbed notably from Q2, partly as Iraq reined in output in September following months of under-compliance with OPEC+ restrictions. However, the expansionary fiscal stance should have continued to benefit the non-oil sector. In other news, widespread protests have erupted in past weeks, highlighting continued social and economic fragility despite the recent improved macroeconomic performance.

Iraq - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)76.1  62.8  50.9  42.0  45.6  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Iraq International Reserves Chart


Iraq International Reserves
Note: International reserves in months of imports.
Source: World Bank and FocusEconomics calculations.

Iraq Facts

ValueChangeDate
Exchange Rate1,1930.0 %Sep 04

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form