Home
Iraq’s economy predicted to rank 51st worldwide in 2025
Iraq Amr Salem December 1, 2024 602 2 min
An aerial view of a part of the Iraqi capital, Baghdad. Photo: AFP
Baghdad (IraqiNews.com) – Iraq’s economy is projected to be the 51st largest in the world in 2025, according to CEOWORLD magazine, the world’s leading business magazine for high-net-worth people and business executives worldwide.
Iraq’s GDP of $270.87 billion also placed it fourth in the Arab world, after Saudi Arabia, the UAE, and Egypt, and ahead of Algeria, Qatar, Morocco, and Kuwait, according to the publication, which is audited by BPA Worldwide, a non-profit media auditing agency based in the US.
The magazine said that the US, China, Germany, Japan, and India are the five major countries that will impact the global economy in 2025.
The UK, France, Italy, Canada, and Brazil are likely to follow closely behind, completing the top 10 and exhibiting a dynamic blend of both developed and emerging economies, according to CEOWORLD magazine.
In October, the International Monetary Fund (IMF) predicted that the Iraqi economy will expand by over four percent in 2025.
A World Bank research report released in June predicted that Iraq’s GDP will grow by more than five percent by 2026.
Iraq’s GDP is expected to grow by 3.8 percent in 2025 and 5.3 percent in 2026, according to the World Bank.
The IMF mentioned earlier that the public debt-to-GDP percentage in Iraq is predicted to be 48.2 percent in 2024 and 54.6 percent in 2025.
https://www.iraqinews.com/iraq/iraqs-economy-predicted-to-rank-51st-worldwide-in-2025/
Iraq Amr Salem December 1, 2024 602 2 min
An aerial view of a part of the Iraqi capital, Baghdad. Photo: AFP
Baghdad (IraqiNews.com) – Iraq’s economy is projected to be the 51st largest in the world in 2025, according to CEOWORLD magazine, the world’s leading business magazine for high-net-worth people and business executives worldwide.
Iraq’s GDP of $270.87 billion also placed it fourth in the Arab world, after Saudi Arabia, the UAE, and Egypt, and ahead of Algeria, Qatar, Morocco, and Kuwait, according to the publication, which is audited by BPA Worldwide, a non-profit media auditing agency based in the US.
The magazine said that the US, China, Germany, Japan, and India are the five major countries that will impact the global economy in 2025.
The UK, France, Italy, Canada, and Brazil are likely to follow closely behind, completing the top 10 and exhibiting a dynamic blend of both developed and emerging economies, according to CEOWORLD magazine.
In October, the International Monetary Fund (IMF) predicted that the Iraqi economy will expand by over four percent in 2025.
A World Bank research report released in June predicted that Iraq’s GDP will grow by more than five percent by 2026.
Iraq’s GDP is expected to grow by 3.8 percent in 2025 and 5.3 percent in 2026, according to the World Bank.
The IMF mentioned earlier that the public debt-to-GDP percentage in Iraq is predicted to be 48.2 percent in 2024 and 54.6 percent in 2025.
https://www.iraqinews.com/iraq/iraqs-economy-predicted-to-rank-51st-worldwide-in-2025/
