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A specialized website expects an increase in the Iraqi GDP per capita
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Economy News _ Baghdad
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Added 09/11/2023 - 11:22 AM
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Economy News _ Baghdad
The German website "Statista", which specializes in market and consumer data, predicted on Monday that Iraq's per capita GDP will rise to more than six thousand dollars in the year 2028.
The website said in a table seen by Al-Iqtisad News, “It is expected that the per capita GDP in Iraq will rise continuously to reach $6,678 in the year 2028, instead of $6,180 in 2023, an increase of 8.05%.”
He stated that "the largest per capita share of gross product in Iraq during the past 15 years was in 2013, when it reached 7,021 dollars, and the lowest share was in 2009, when it reached 3,701 dollars."
This indicator describes GDP per capita at current prices, so GDP was first converted from the national currency to the US dollar at current exchange rates and then divided by the total population.
GDP is a measure of a country's productivity, and refers to the total value of goods and services produced during a certain period of time (here a year).
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Added 09/11/2023 - 11:22 AM
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