GDP (Gross Domestic Product): Iraq

Analysis# Iraq GDP (Gross Domestic Product) Iraq's GDP reached $273.912 billion in 2026, remaining below its all-time peak of $288.059 billion in 2022. The country has experienced remarkable growth since 2000, when GDP stood at just $15.8 billion—a staggering 954.2% increase over the period. Despite recent fluctuations, Iraq's economy has recovered substantially from the turmoil of the early 2000s, demonstrating long-term resilience and development. The most striking turning point occurred between 2017 and 2022, when GDP surged from $190.048 billion to $288.059 billion, reflecting post-conflict reconstruction and rising oil revenues. However, the economy has faced headwinds since the 2022 peak, declining to $270.799 billion in 2023 before stabilizing around $273–278 billion through 2026. Current projections suggest Iraq's economy will stabilize in the mid-$260 billion range moving forward.