CCBLA - Arab-Belgium-Luxemburg Chamber of Commerce - ABLCC

Country name : Republic of Iraq

Capital : Baghdad

Area : 437,072 km²

Population : 27,499,638 (July 2007)

Density : 62.9 inhabitants/km²

Population growth rate : 2.618% (2007)

Age structure : 0-14 years : 39.4% - 15-64 years : 57.6% - 65 years and over : 3%

Life expectancy at birth : 69.31 years

Labour force : 7.4 million

Gross Domestic Product : US$100 billion (2007)

GDP – real growth rate : 5% (2007)

GDP – composition by sector : agriculture : 5% - industry : 68% - services : 27%

GDP – per capita : US$3,600 (2007)

Budget : revenues : US$42.3 billion - expenditures : US$48.4 billion (2007)

Industries : petroleum, chemicals, textiles, leather, construction materials, food processing, fertilisers, metal fabrication/processing

Industrial production growth rate : 4% (2007)

Land use : arable land : 13.12% - permanent crops : 0.61% - other : 86.27%

Agricultural products : wheat, barley, rice, vegetables, dates, cotton, cattle, sheep

Exports :  US$34.04 billion (2007)

Exports – commodities : crude oil (84%), crude materials excluding fuels (8%), food and live animals (5%)

Exports – partners : US (46.7%), Italy (10.7%), Spain (6.2%), Canada (6.2%) (2006)

Imports : US$23.09 billion (2007)

Imports – commodities : food, medicine, manufactures

Imports – partners : Syria (26.5%), Turkey (20.5%), US (11.8%), Jordan (7.2%) (2006)

Current account balance : US$7.802 billion (2007)

Reserves of foreign exchange & gold : US$21.26 billion (31 December 2007)

External debt : US$56.31 billion (31 December 2007)