Iraq

Asia · Iraqi dinar (IQD) · 47.0 million people

Inflation

3.1%

▲ 0.1 pt since May · Jun 2026

GDP per person

US$5,410

2025

Inflation and the interest rate

Inflation was 3.1% in Jun 2026, up from 3.0% in May. The interest rate has been 4.00% since Mar 2016.

Monthly, consumer prices year on year.

Exchange rates

Closing rates on 6 Oct 2026. Changes are over 30 days.

Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates

Cost of living

Minimum wage

Monthly, full time · 2024

IQD 350,000 a month

about US$267

Minimum wage from ILOSTAT.

Economy at a glance

GDP per person at PPP

2025 · international dollars

US$14,300

Population

2025

47.0 million

▲ 2.1% vs 2024

Sources and method

Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer

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