Iraq records strong growth in the Iraq economy ranking 2026 as it secures fifth place among Arab economies. Moreover, the country reached a total of $739.1 billion based on purchasing power parity. This achievement highlights steady progress in the Iraqi economy, ranking in 2026.
According to the International Monetary Fund, Iraq now stands among the region’s largest economies. In addition, this ranking reflects improved economic activity and continued reliance on energy exports.
Meanwhile, Saudi Arabia leads the Arab region with more than $2.85 trillion. At the same time, Egypt follows with about $2.53 trillion. Furthermore, the United Arab Emirates secures third place with nearly $1 trillion.
In contrast, Algeria ranks fourth with $915.79 billion, just ahead of Iraq. Therefore, Iraq’s position reflects strong competition among resource-rich economies.
After Iraq, Morocco ranks sixth with $457.52 billion. Then, Qatar follows with $410.58 billion. Similarly, Kuwait reports $285.90 billion, while Oman reaches $245.87 billion.
Further down the list, Tunisia records $193.6 billion. In addition, Jordan posts $137.97 billion. Close behind, Sudanshows $135.91 billion. Meanwhile, Libya achieves $132.84 billion, and Bahrain reaches $118.06 billion. Finally, Yemen ranks last with $71.17 billion.
On a global scale, China leads with $43.49 trillion. At the same time, the United States follows with $31.82 trillion. Additionally, India holds third place with $19.14 trillion.
Looking ahead, forecasts suggest further improvement for Iraq. The IMF expects Iraq to rise to fourth place among Arab economies by 2030. Moreover, projections show a GDP of $345.9 billion in nominal terms. This outlook strengthens confidence in the Iraq economy ranking in 2026.
Iraq continues to depend on the oil and energy sectors for growth. However, reconstruction and development projects also drive expansion. As a result, economic diversification efforts gain importance.
In conclusion, Iraq strengthens its regional economic position. It builds on energy resources while expanding development plans. Therefore, the country moves steadily toward higher rankings in the coming years.