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Macro - Country Economic Forecasts - Iraq

Best Price Guarantee Length Publisher Published Date SKU
from $185 6 Pages Oxford Economics March, 2022 OFE17050043
Best Price Guarantee
Price from $185
Length 6 Pages
Publisher Oxford Economics
Published Date March, 2022
SKU OFE17050043

Macro - Country Economic Forecasts - Iraq

We have lowered our 2022 GDP growth forecast to 4.4% from 4.8% previously, owing to higher inflation and a rise in social unrest, domestic political fragmentation, and violence after US withdrawal from the country. This recovery, led by higher oil prices and rising investment, follows a decline of about 6% in 2020. Growth in 2023 is forecast at 3.8%.


Iraq: High inflation and social unrest to pull down growth
Forecast overview
GDP seen rising 4.4% in 2022
Short-term outlook
Key drivers of our short-term forecast
Medium-term prospects still driven by oil:
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

$185
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