GDP per Capita: Iraq

Analysis# Iraq GDP per Capita Iraq's GDP per capita reached $5,872.91 in 2026, reflecting substantial recovery from its 2003 low of $608.66 but remaining 16% below its 2013 peak of $7,021.41. Over two decades, the metric has grown 864.9%, demonstrating Iraq's economic expansion despite regional instability. The country's per capita income remains volatile, influenced by oil price fluctuations and geopolitical pressures. The 2013 peak coincided with pre-conflict economic strength before Iraq's struggle against ISIS. A severe 2020 contraction to $4,547.30 followed the pandemic and oil market collapse, yet recovery accelerated through 2022, when per capita income climbed to $6,818.15. Recent years show renewed volatility, with 2026 projections suggesting stabilization around current levels rather than sustained growth toward previous highs.