The 2018 Idex

Co

un

try

Pro

file

IRAQ

-2020-

www.fdiattractiveness.com

© Copyright 2020 · A Global Foreign Direct Investment Country Attractiveness Index – Ben Jelili Riadh

IraqEconomic Indicators 2020

Gross domestic product, current prices U.S. dollars (Billions) 232.7

Gross domestic product, constant prices Percent change 4.7

General government total expenditure Percent of GDP 43.0

General government net lending/borrowing Percent of GDP -1.8

Inflation, average consumer prices Percent change 1.0

Population Persons (Millions) 40.1

Current account balance U.S. dollars (Billions) -8.6

Current account balance Percent of GDP -3.7

Total investment Percent of GDP 0.0

Unemployment rate Percent of total labor force 0.0

FDI Country Attractiveness Index Rank 2019 Rank 2020 Value 2020Quartile

2020

GDP Growth Volatility 101 103 55.9 Q4

Average Inflation Rate 1 86 100.0 Q4

Average Current Account Balance Ratio 43 30 71.6 Q2

Average Fiscal Balance to GDP Ratio 62 11 81.0 Q1

Average General government gross debt to GDP 65 58 77.8 Q3

RER Volatility 65 53 87.3 Q2

Number of Exchange Rate Crisis 16 16 47.8 Q1

Macroeconomic Stability 59 45 74.5 Q2

Average Financila Institutions Depth and Financial Markets Depth 68 68 16.2 Q3

Average Financila Institutions Access and Financial Markets Access 67 68 25.5 Q3

Average Financila Institutions Efficiency and Financial Markets Efficiency 63 65 31.4 Q3

Financial Structure and Development 68 68 24.4 Q3

Voice and Accountability 90 87 24.0 Q4

Political Stability and Absence of Violence 107 108 12.6 Q4

Government Effectiveness 104 104 17.7 Q4

Regulatory Quality 103 103 22.2 Q4

Rule of Law 107 106 14.9 Q4

Control of Corruption 105 105 7.3 Q4

Institutional Environment 105 105 16.4 Q4

Starting a Business: Average(Nbr of Procedures, Time) 91 91 70.0 Q4

Dealing with Construction Permits: Average(Nbr of Procedures, Time) 65 69 72.7 Q3

Registering Property: Average(Nbr of Procedures, Time) 76 80 43.1 Q3

Getting Electricity: Average(Nbr of Procedures, Time) 84 85 62.3 Q4

Getting Credit: Average(Strength Legal Rights, Depth ceridt info) 108 108 1.0 Q4

Protecting Investors 76 78 44.5 Q3

Enforcing Contracts: Average(Nbr of Procedures, Time) 85 89 35.9 Q4

Business Environment 94 94 47.1 Q4

Prerequisites 100 100 44.5 Q4

Real Domestic Demand per capita 73 73 6.6 Q3

Volatility Real Domestic Demand per capita 54 54 1.9 Q2

Trade performance Index 108 108 6.0 Q4

Trade to GDP ratio 64 67 13.2 Q3

Applied Tariff 43 44 76.8 Q2

Trading Across Borders 103 104 26.1 Q4

Market Access and Market Potential 97 97 21.8 Q4

Total Natural Resources Rents to GDP 2 2 97.4 Q1

Labor Productivity Average Growth 32 34 42.2 Q2

Mean years of schooling 80 80 44.6 Q3

Expected Years of Schooling (of children) 94 92 23.0 Q4

Human Development Index (HDI) value 79 79 53.4 Q3

Human and Natural Resources 46 42 52.1 Q2

Labor tax and contributions 73 73 27.7 Q3

Total tax rate 83 82 21.3 Q3

Time to prepare and pay taxes 75 77 59.3 Q3

Score of Trading Across Borders, Average Distance to Frontier (DTF) 103 104 26.1 Q4

Cost Components 105 105 33.6 Q4

Customs efficiency and border clearance 107 107 11.5 Q4

Trade and transport infrastructure 107 107 7.9 Q4

International shipments 102 102 12.8 Q4

Logistics quality and competence 109 109 1.0 Q4

Tracking and tracing 101 101 9.0 Q4

Timeliness 95 95 19.4 Q4

Logistics Performance 106 106 10.3 Q4

Fixed (wired)-broadband subscriptions 57 59 25.9 Q3

Fixed-telephone subscriptions per 100 inhabitants 68 68 12.7 Q3

Percentage of Individuals using the Internet 76 45 74.4 Q2

Mobile-cellular telephone subscriptions per 100 inhabitants 86 86 28.6 Q4

Telecommunication and ICT 73 65 35.4 Q3

Underlying Factors 85 83 30.6 Q4

Number of FDI Greenfield Projects from OECD Countries 92 93 1.1 Q4

Inward FDI stock share to World Inward FDI stock 109 109 1.0 Q4

Number of BITs Accumulated 103 103 5.6 Q4

Agglomeration Economies 105 106 2.6 Q4

Market Sophistication Index 104 104 5.3 Q4

Business Sophistication Index 102 103 1.8 Q4

Knowledge and technology outputs 106 103 5.5 Q4

Share Total patent applications (direct and PCT national phase entries) to World

Total Patent Applications58 55 1.0 Q2

E-Government Index 97 97 27.6 Q4

Technological environment and Differentiation 106 106 8.2 Q4

Agglomeration & Differentiation 107 107 6.5 Q4

GFCA Index 105 105 23.7 Q4

Key Driver Performance GFCA (Index Value) Historical Evolution

Peer Group Performance Comparison

GFCA Index

Rank 2019

GFCA Index

Rank 2020

GFCA Index

Value 2020

Quartile

2020

United Arab Emirates 23 24 59.1 Q1

Qatar 42 42 49.9 Q2

Saudi Arabia 46 44 48.8 Q2

Kuwait 47 46 48.1 Q2

Bahrain 52 54 45.4 Q2

Oman 56 57 44.9 Q3

Tunisia 68 68 40.5 Q3

Morocco 69 69 39.8 Q3

Jordan 71 70 38.8 Q3

Egypt 74 73 37.4 Q3

Lebanon 75 75 36.2 Q3

Algeria 83 84 32.5 Q4

Mauritania 104 103 24.7 Q4

Iraq 105 105 23.7 Q4

Sudan 106 106 19.0 Q4

Yemen 107 107 17.7 Q4

0

15

30

45

60

75

90

MacroeconomicStability

FinancialStructure andDevelopment

Institutionalenvironment

BusinessEnvironment

Prerequisites

Market Accessand Market

Potential

Human andNatural

ResourcesCost

ComponentsLogistics

Performance

Telecommunications and IT

UnderlyingFactors

AgglomerationEconomies

Tech.Environment &Differentiation

PositiveExternalities

GFCA Index

Iraq Arab Region World Average

42.4

28.9

6.3

22.6

44.5

30.6

6.5

23.7

Prerequisites Underlying Factors Positive Externalities GFCA Index

2019 2020