Economy of Iraq
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Iraq has a developing, upper-middle income economy, dominated by the oil sector. The IFAD has classified Iraq as an oil-rich upper middle income country. In 2025, the economy is estimated to be at $69
Capital city Baghdad is the economic centre of Iraq
Historical GDP per capita development
Khawr Al Amaya Oil Platform in Basra Governorate
Power plant and oil refinery in Dora neighborhood in Baghdad
Iraq
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Iraq, officially the Republic of Iraq, historically known in the west as Mesopotamia, is a country in West Asia. Located within the Middle East, it is bordered by Saudi Arabia to the south, Turkey to
Economy of Iraq
…Iraq has a developing, upper-middle income economy, dominated by the oil sector. The IFAD has classified Iraq as an oil-rich upper middle income country…
The Shanidar Cave, where the remains of eight adult and two infant Neanderthals, dating from around 65,000–35,000 years ago were found
Nuri Pasha al-Said (1888–1958) served eight terms as prime minister during Mandatory Iraq and the Hashemite Kingdom
Saddam Hussein in 1980
The Asiatic lion has remained a prominent symbol since ancient times