Iraq’s economic system is projected to be the 51st biggest in the global in 2025, in line with CEOWORLD mag, the world’s leading enterprise magazine for excessive-net-well worth human beings and enterprise executives international.
Iraq’s GDP of $270.87 billion also positioned it fourth in the Arab world, after Saudi Arabia, the UAE, and Egypt, and ahead of Algeria, Qatar, Morocco, and Kuwait, in keeping with the guide, which is audited by using BPA worldwide, a non-income media auditing enterprise primarily based within the US.
The magazine said that the united states, China, Germany, Japan, and India are the five fundamental international locations with the intention to effect the worldwide economy in 2025.
the United Kingdom, France, Italy, Canada, and Brazil are probably to observe intently at the back of, completing the pinnacle 10 and exhibiting a dynamic combo of each developed and emerging economies, in line with CEOWORLD magazine.
In October, the worldwide economic Fund (IMF) predicted that the Iraqi financial system will expand via over 4 percent in 2025.
A world financial institution studies document released in June anticipated that Iraq’s GDP will develop with the aid of more than 5 percentage by means of 2026.
Iraq’s GDP is anticipated to grow by using 3.eight percentage in 2025 and 5.3 percent in 2026, consistent with the arena financial institution.
The IMF stated in advance that the general public debt-to-GDP percentage in Iraq is expected to be forty eight.2 percent in 2024 and fifty four.6 percent in 2025.
