answersLogoWhite

0

What is the GDP in Iraq?

Updated: 9/16/2023
User Avatar

Wiki User

9y ago

Best Answer

The Gross Domestic Product in Iraq is 210.3 Billion USD and they represent 0.34 percent of the world economy.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the GDP in Iraq?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Hi you wish to know the percentage of telecom GDP to total GDP for 2006 or latest information available for the following countries - Algeria Tunisia Egypt Iraq Pakistan Bangladesh?

Telecom does not have a GDP.


What is the GDP of Iraq?

The gross domestic product of Iraq is oil because oil is a gross domestic (sometimes used at home) and its a product that is sold in Iraq! Duuh.... you guyz didn't kno that!


How do you calculate nominal GDP at market price?

Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.


What is the top ten poorest countries in Southeast Asia GDP?

TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)


How do you calculate deflation rate?

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%

Related questions

Hi you wish to know the percentage of telecom GDP to total GDP for 2006 or latest information available for the following countries - Algeria Tunisia Egypt Iraq Pakistan Bangladesh?

Telecom does not have a GDP.


What is the GDP of Iraq?

The gross domestic product of Iraq is oil because oil is a gross domestic (sometimes used at home) and its a product that is sold in Iraq! Duuh.... you guyz didn't kno that!


What is the country in southwest Asia with the lowest per capita GDP?

I'm guessing Palestine, or Iraq. Being invaded really messes up the economy.


Is Iraq listed as a poor country?

Not really. Iraq exports alot of oil but due to the military action, Iraq suffered many terrorist attacks. Apart from the people being angry at the Americans for their intervention, Iraq's economy is quite good.


How do you calculate nominal GDP at market price?

Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.


What is the top ten poorest countries in Southeast Asia GDP?

TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)


How do you calculate deflation rate?

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%


Explain real GDP vs potential GDP?

Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation


How do you calculate percent change in normal GDP?

It is 100*(New GDP - Old GDP)/Old GDP


If intermediate goods are included in GDP what would happen to the GDP?

the GDP would be overstated


How to calculate the percentage change in real GDP?

[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----


How do you calculate GDP deflater?

GDP Deflator = Nominal GDP/Real GDP x 100.