IMF expects Iraq’s GDP growth of Iraq over the next 5 years

Economy

19-09-2022, 12:55

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Baghdad-INA

The International Monetary Fund-IMF expected Today, Monday, the real GDP growth for Iraq over the next five years.

IMF revealed, in a chart published on its website, followed by the Iraqi News Agency (INA), that "the real gross domestic product of Iraq will rise during the next five years," noting that "the annual rate for the current year will reach 9.5 percent."

IMF added, " GDP ratio will decline to 5.7 next year, while 2024 will witness achieving a growth rate of 2.7 percent in gross domestic product, to decline in the year 2025 to 2.6 percent on an annual basis, and will be stable at the same rate in the year 2027."