Page 17 - 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

Money Circulation Speed: Iraqi economy witnessed a big deceleration in the speed of money circulation. Speed of money
circulation is considered as an analytical indicator for the average of inflation rate and in many occasions can unravel the reality
of this average, as the speed of circulation had decreased from 3.2 times in 2014 to 2.7 times in 2015, decrease again to 2.6 in
2016 to raise in 2017 to reach 3.1 times which means that the number Iraqi dinar spent within a year had rebounded again as a
result to the policies followed by the government and the central bank to avoid falling in economic crisis.

Table (12)
Money Circulation Speed and factors affecting it for the years (2012-2017)

National Income in
Money supply Money circulation
Year current prices (billion
(Billion Dinar) speed (times) (1/2)
Dinars) 1

2012 227222 637336 3.6

2013 243517 73831 3.3

2014 236708 72692 3.2

2015 185551 65435 2.7

2016 186397 70733 2.6

2017 220906 71162 3.1

Source: Central Organization for Statistics, National accounts directorate

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