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Analysis by Region - MENA - Iraq

Publisher Oxford Economics
Published Sep 23, 2025
Length 6 Pages
SKU # OFE20535985

Description

We've upgraded our 2025 GDP growth forecast for Iraq by 0.6ppts to 0.9%. The revision primarily reflects steadily increasing oil production given OPEC+ has continued to unwind production cuts. While we expect political risks to rise significantly ahead of the November parliamentary elections, the impact on economic output should remain limited.

Table of Contents

6 Pages
Iraq: Higher GDP growth in 2025 reflects oil production increase
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Medium-term prospects
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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