Page 18 - investment-map-En-2021

Iraq Investment Map2020-2021
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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.

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