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Iraq is ranked 80th among the first industrialized countries in the world
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2023-09-19 03:15
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2023-09-19 03:15
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Shafaq News/ Iraq ranked 80th out of 126 countries, first in the world in the industrial sector during the year 2022, according to data published by the Executive Council Statistics Department of CEOWORLD magazine.
The magazine said in a report seen by Shafaq News Agency, “China topped the world in manufacturing production, with more than $4.97 trillion, followed by Germany ($751 billion), India ($450 billion), and South Korea ($426 billion). ), and Russia ($287 billion).”
The data shows that "China's industrial output is much higher than the next three countries," noting that "unsurprisingly, the world's 10 largest industrial countries are also the largest economies."
According to the magazine’s report, “Iraq ranked 80th globally in the manufacturing industry, recording 4 billion and 725 million dollars in the year 2022, up from the year 2021, which amounted to 4 billion and 630 million dollars,” noting that “the largest production of manufacturing industries was witnessed by Iraq during "The last five years were in 2019, when it reached 4 billion and 994 million dollars."
The concept of manufacturing industry refers to the process of processing raw materials in order to transform them into finished goods, through the use of machines, labor, and chemical treatment processes. The manufacturing industry is one of the main types of industry.
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The magazine said in a report seen by Shafaq News Agency, “China topped the world in manufacturing production, with more than $4.97 trillion, followed by Germany ($751 billion), India ($450 billion), and South Korea ($426 billion). ), and Russia ($287 billion).”
The data shows that "China's industrial output is much higher than the next three countries," noting that "unsurprisingly, the world's 10 largest industrial countries are also the largest economies."
According to the magazine’s report, “Iraq ranked 80th globally in the manufacturing industry, recording 4 billion and 725 million dollars in the year 2022, up from the year 2021, which amounted to 4 billion and 630 million dollars,” noting that “the largest production of manufacturing industries was witnessed by Iraq during "The last five years were in 2019, when it reached 4 billion and 994 million dollars."
The concept of manufacturing industry refers to the process of processing raw materials in order to transform them into finished goods, through the use of machines, labor, and chemical treatment processes. The manufacturing industry is one of the main types of industry.
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