Page 10 - of Khadrun’, and that Mark said about the lineage of Jesus son of ‎Mary that he was 'The word of God which He placed in the human ‎body, so it became human’, and that Luke said, 'Jesus son of Mary ‎and his mother were humans of flesh and blood, so the Ho

Investor Guide to Iraq 2021

GDP
The value of goods and final services produced in a country with a certain period of time. It consists of public and private
expenditures, capital structure and changes in exports and imports. GDP is an important indication that reflects the economic
stability.
Economic Growth

The National Development Plan 2022-2018 aims to achieve an appropriate economic growth rate consistent with the rates
achieved by the Iraqi economy during the past periods based on the material and human resources it enjoys, especially with the
maintenance of oil production and the ability to achieve oil exports guaranteeing the sustainability of financial revenues that can
be employed in the productive and other services sectors. The target growth rate has been specified for the years 2018-2022 to be
7%, 7.5% of which for the growth of oil sector and 6.1% growth rate for all other non-oil activities (commodity, distribution and
service). Although the conviction is available to the ability of the Iraqi economy to achieve higher growth rates, but taking into
consideration the global instability of oil prices on one hand and the terrorist threats and security instability on the other hand and
other factors that undermine the development process in the coming years.

First: Gross domestic production

Below we present the table of GDP growth rates at the fixed prices estimated for the years 2018 - 2022 which were calculated
according to the model adopted for the plan.

www.investpromo.gov.iq 8