2026-07-14T13:54:15+00:00
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Shafaq News-
Baghdad
Iraq’s gross
domestic product (GDP) at current prices reached 82.1 trillion dinars (about $63B) in
the fourth quarter of 2025, according to early warning indicators by the
National Accounts Department of the Central Statistical Organization (CSO) at
the Ministry of Planning.
Excluding oil,
GDP stood at 53.9 trillion dinars ($41.5B), a measure of activity in the
non-oil sectors of an economy that derives the bulk of its state revenue from
crude exports.
Read more: Iraq needs ≈25M solar panels to ease power crisis
The state
budget ran a deficit of 8.9 trillion dinars ($6.8B) over the same period. The
official exchange rate held at 1,300 dinars to the US dollar.
Banking And
Markets
Total bank
credit extended reached 75.6 trillion dinars (about $58.2B). Trading volume on
the regular market of the Iraq Stock Exchange came to roughly 0.1 trillion
dinars, or about 77 million dollars.
Read more: Iraq’s economy to hit $346B GDP by 2030
The banking
sector recorded a decline in cash assets and a contraction in the money supply,
in both its narrow and broad measures, according to the report.
Trade And
Energy
Falling
merchandise exports pulled down the net trade balance, leaving a trade surplus
of four billion dollars for the quarter.
Domestic
electricity generation totaled 35,529,823 megawatt hours. Iraq imported a
further 295,609 megawatt hours to cover shortfalls in the national grid over
the same period.
Read more: 2026 budget: Iraq confronts unprecedented fiscal strain