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The Iraqi per capita income has increased to about $6 thousand
Shafaq News/ A source in the Iraqi government revealed, on Wednesday, that the average per capita income of Iraq indicated an increase to about 6 thousand dollars during the index for the year 2021.
An individual's share or income, is an economic indicator that measures the degree of economic development in a country and its social impact, and this is done by dividing the value of the gross domestic product by the population.
The government source said in an interview with Shafaq News Agency, "The average per capita GDP at current prices at the dollar price is approximately 6 thousand dollars during 2021, up from 4.2 thousand dollars in 2020, indicating that" the average per capita share will be close to what Register in 2019".
He added that "the rise in oil prices contributed to the rise in the average per capita GDP," noting that "the average per capita income is calculated by dividing the gross national product over the country's population."
Iraq went through difficult economic conditions as a result of the drop in oil prices, which constitute most of Iraq's financial revenues, forcing the government to reduce the value of the Iraqi dinar against the dollar in order to provide the salaries of employees, while oil prices gradually rose to reach nearly $90.
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An individual's share or income, is an economic indicator that measures the degree of economic development in a country and its social impact, and this is done by dividing the value of the gross domestic product by the population.
The government source said in an interview with Shafaq News Agency, "The average per capita GDP at current prices at the dollar price is approximately 6 thousand dollars during 2021, up from 4.2 thousand dollars in 2020, indicating that" the average per capita share will be close to what Register in 2019".
He added that "the rise in oil prices contributed to the rise in the average per capita GDP," noting that "the average per capita income is calculated by dividing the gross national product over the country's population."
Iraq went through difficult economic conditions as a result of the drop in oil prices, which constitute most of Iraq's financial revenues, forcing the government to reduce the value of the Iraqi dinar against the dollar in order to provide the salaries of employees, while oil prices gradually rose to reach nearly $90.
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