42 C
Iraq
Wednesday, July 15, 2026

Iraq Reports $63 Billion Economy in Final Quarter of 2025

Baghdad — Iraq’s economy reached 82.1 trillion dinars during the final quarter of 2025. The Iraq Q4 GDP figures equal about $63 billion at...
HomeEconomyIraq Reports $63 Billion Economy in Final Quarter of 2025

Iraq Reports $63 Billion Economy in Final Quarter of 2025

Baghdad — Iraq’s economy reached 82.1 trillion dinars during the final quarter of 2025. The Iraq Q4 GDP figures equal about $63 billion at the official exchange rate. The Ministry of Planning released the estimates through its Central Statistical Organization.

The figures use current prices and serve as early indicators. They offer a snapshot of activity between October and December. Officials may revise the estimates as additional data becomes available.

Non-oil economic output reached 53.9 trillion dinars during the quarter. That amount equals roughly $41.5 billion. The result highlights the scale of sectors outside Iraq’s dominant oil industry.

Oil exports still provide most public revenue for the Iraqi state. However, non-oil activity remains important for employment and domestic demand. The Iraq Q4 GDP figures place fresh attention on the country’s broader economic base.

The government recorded a budget deficit of 8.9 trillion dinars. That shortfall equals about $6.8 billion for the same period. The official exchange rate remained at 1,300 dinars per US dollar.

Bank lending across Iraq totaled 75.6 trillion dinars. The figure represents approximately $58.2 billion in credit. Lending levels remain a key measure of financial activity and business confidence.

Meanwhile, trading on the Iraq Stock Exchange remained limited. Regular market transactions totaled about 0.1 trillion dinars. That volume equals roughly $77 million during the reported period.

The official report also showed weaker conditions in some monetary indicators. Cash assets declined across the banking sector. Both narrow and broad money supply measures also contracted.

Trade data showed that lower merchandise exports reduced Iraq’s net trade balance. The country still recorded a quarterly trade surplus of $4 billion. Export performance remains closely tied to oil sales and external demand.

Electricity generation reached 35,529,823 megawatt hours during the quarter. Iraq also imported 295,609 megawatt hours to support the national grid. The imports helped address continuing shortages in domestic power supply.

The Iraq Q4 GDP figures underline Iraq’s reliance on oil and public spending. They also show the importance of banking, trade, and electricity in economic planning. Policymakers now face pressure to strengthen non-oil growth and financial stability.