Iraq recorded a Current Account surplus of 13954.50 USD Million in 2017. Current Account in Iraq averaged 4753.50 USD Million from 1988 until 2017, reaching an all time high of 32344 USD Million in 2008 and a record low of -15410 USD Million in 2001. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Iraq Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a Government Budget surplus equal to 6.20 percent of the country's Gross Domestic Product in 2018. Government Budget in Iraq averaged -3.70 percent of GDP from 2004 until 2018, reaching an all time high of 10.70 percent of GDP in 2006 and a record low of -34.90 percent of GDP in 2004. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Iraq Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a government debt equivalent to 48.40 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Iraq averaged 94.55 percent from 2004 until 2018, reaching an all time high of 344.30 percent in 2004 and a record low of 32 percent in 2013. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Iraq Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a Current Account surplus of 4.90 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Iraq averaged -0.60 percent from 2001 until 2018, reaching an all time high of 12.70 percent in 2008 and a record low of -24 percent in 2004. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Iraq Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Iraq decreased to 6200 USD Million in 2018 from 7416 USD Million in 2017. Military Expenditure in Iraq averaged 5051.20 USD Million from 2004 until 2018, reaching an all time high of 9536 USD Million in 2015 and a record low of 2037 USD Million in 2006.

Industrial Production in Iraq increased 0.80 percent in the fourth quarter of 2018 over the same quarter in the previous year. Industrial Production in Iraq averaged 4.39 percent from 1999 until 2018, reaching an all time high of 49.37 percent in the second quarter of 2009 and a record low of -28.60 percent in the fourth quarter of 2003. In Iraq, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Iraq Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment Rate in Iraq decreased to 28.20 percent in 2018 from 43.20 percent in 2016. Employment Rate in Iraq averaged 44.06 percent from 2003 until 2018, reaching an all time high of 49.72 percent in 2006 and a record low of 28.20 percent in 2018. In Iraq, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Iraq Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Iraq decreased to 4.78 percent in 2016 from 4.86 percent in 2015. Deposit Interest Rate in Iraq averaged 6.80 percent from 2004 until 2016, reaching an all time high of 10.54 percent in 2008 and a record low of 4.78 percent in 2016. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Iraq.

The Gross Domestic Product (GDP) in Iraq contracted 1 percent in 2018 from the previous year. GDP Annual Growth Rate in Iraq averaged 7.04 percent from 1991 until 2018, reaching an all time high of 54.16 percent in 2004 and a record low of -56.40 percent in 1991. In Iraq, oil extraction is the most important sector of the economy and accounts for 55 percent of GDP. The services sector constitutes 33 percent of the output. Within services the largest segments are: community, social and personal services (13 percent of GDP); finance, insurance and real estate services (9 percent) and wholesale and retail trade and restaurants and hotels (7 percent). Manufacturing, construction and water and electricity production and distribution account for 8 percent of the wealth and agriculture, forestry, hunting and fishing for the remaining 4 percent. This page provides - Iraq GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Iraq was last recorded at 5510.80 US dollars in 2018. The GDP per Capita in Iraq is equivalent to 44 percent of the world's average. GDP per capita in Iraq averaged 3266.35 USD from 1968 until 2018, reaching an all time high of 5846.50 USD in 2016 and a record low of 1432.20 USD in 1991. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Iraq GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Iraq was last recorded at 15564.60 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iraq, when adjusted by Purchasing Power Parity is equivalent to 88 percent of the world's average. GDP per capita PPP in Iraq averaged 11296.98 USD from 1990 until 2018, reaching an all time high of 16512.90 USD in 2016 and a record low of 4045 USD in 1991. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Iraq GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Iraq increased to 87260 USD Million in 2018 from 57559 USD Million in 2017. Exports in Iraq averaged 38475.53 USD Million from 1988 until 2018, reaching an all time high of 94209 USD Million in 2012 and a record low of 1720.40 USD Million in 1994. Iraq is the world´s seventh biggest producer and exporter of oil. Shipments of crude oil account for 99 percent of total exports. Main export partners are: United States (25 percent of total exports), India (14 percent), China (12 percent) and South Korea (9 percent). Others include: Italy, Japan, France and Syria. This page provides - Iraq Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Iraq increased to 45736 USD Million in 2018 from 38766 USD Million in 2017. Imports in Iraq averaged 27498.58 USD Million from 1988 until 2018, reaching an all time high of 59349 USD Million in 2013 and a record low of 2681.90 USD Million in 1994. Iraq main imports are: machinery and transport equipment (38 percent of total imports), manufactured articles (27 percent), mineral fuels (10 percent), and chemicals and related products (7 percent). Main import partners are: Syria (18 percent of total imports), China (14 percent) and United States (6 percent). Others include: South Korea, Jordan, Germany and India. This page provides - Iraq Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Iraq recorded a trade surplus of 41524 USD Million in 2018. Balance of Trade in Iraq averaged 10976.96 USD Million from 1988 until 2018, reaching an all time high of 47550 USD Million in 2008 and a record low of -3492 USD Million in 2004. Iraq has been recording trade surpluses since 2005 due to a rise in the shipments of oil (99 percent of total exports). Main imports are: machinery and transport equipment; manufactured articles and mineral fuels. Main trading partners are: United States (25 percent of total exports and 6 percent of imports) and China (12 percent of exports and 14 percent of imports). Others include: Syria, India and South Korea. This page provides - Iraq Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Iraq decreased to 9.24 in 2018 from 9.75 in 2017. Terrorism Index in Iraq averaged 8.86 from 2002 until 2018, reaching an all time high of 10 in 2014 and a record low of 4.09 in 2002. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

GDP Constant Prices in Iraq increased to 67955292.60 IQD Million in the third quarter of 2019 from 67242399.80 IQD Million in the second quarter of 2019. GDP Constant Prices in Iraq averaged 27363911.28 IQD Million from 1998 until 2019, reaching an all time high of 70537503.50 IQD Million in the third quarter of 2018 and a record low of 1105299 IQD Million in the third quarter of 2001. This page provides - Iraq GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Iraq remained unchanged at 7.90 percent in 2019 from 7.90 percent in 2018. Unemployment Rate in Iraq averaged 8.92 percent from 1991 until 2019, reaching an all time high of 10.30 percent in 1991 and a record low of 7.90 percent in 2014. In Iraq, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Iraq Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Iraq was estimated at 39.4 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Iraq had a population of 7.3 million people. The population of Iraq represents 0.48 percent of the world´s total population which arguably means that one person in every 212 people on the planet is a resident of Iraq. This page provides - Iraq Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Iraq increased to 97.50 points in January of 2020 from 96.70 points in December of 2019. CPI Transportation in Iraq averaged 96.53 points from 2015 until 2020, reaching an all time high of 102 points in May of 2018 and a record low of 94.50 points in April of 2016. This page provides - Iraq Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

CPI Housing Utilities in Iraq increased to 116.30 points in January from 114.20 points in December of 2019. CPI Housing Utilities in Iraq averaged 114.53 points from 2015 until 2020, reaching an all time high of 120.20 points in September of 2017 and a record low of 109.50 points in May of 2015. This page provides - Iraq Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Iraq was recorded at 0.90 percent in January of 2020. Inflation Rate in Iraq averaged 9.53 percent from 2005 until 2020, reaching an all time high of 76.55 percent in August of 2006 and a record low of -6.37 percent in October of 2009. In Iraq, the most important components of the Consumer Price Index (CPI) basket are: housing, water, electricity and LPG (31.3 percent of total weight) and food and non-alcoholic beverages (30.1 percent). Transportation accounts for 11.1 percent, clothes and footwear for 7.3 percent, house supplies, appliances and maintenance for 6.4 percent. The index also includes: miscellaneous services and goods (3.9 percent), communications (2.9 percent), health (2.3 percent), recreation and culture (1.6 percent), restaurants (1.4 percent), education (1 percent) and alcoholic, beverages and tobacco (0.7 percent). The index has a base of 100 as of 2007. This page provides the latest reported value for - Iraq Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cost of food in Iraq decreased 2.80 percent in January of 2020 over the same month in the previous year. Food Inflation in Iraq averaged 0.79 percent from 2011 until 2020, reaching an all time high of 13.27 percent in April of 2012 and a record low of -7.19 percent in January of 2015. This page provides the latest reported value for - Iraq Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Iraq was last recorded at 4 percent. Interest Rate in Iraq averaged 6.67 percent from 2004 until 2020, reaching an all time high of 20 percent in December of 2007 and a record low of 4 percent in March of 2016. In Iraq, interest rates decisions are taken by the Central Bank of Iraq. The official interest rate is the Policy Rate. This page provides the latest reported value for - Iraq Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Iraq recorded 104 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Iraq reported 2603 Coronavirus Cases. This page includes a chart with historical data for Iraq Coronavirus Deaths.

Temperature in Gambia decreased to 26.95 celsius in August from 28.92 celsius in July of 2013. Temperature in Gambia averaged 27.54 celsius from 1849 until 2013, reaching an all time high of 31.66 celsius in May of 2005 and a record low of 21.63 celsius in January of 1889. This page includes a chart with historical data for Gambia Temperature.

Military Expenditure in Gambia decreased to 11.30 USD Million in 2018 from 14.90 USD Million in 2015. Military Expenditure in Gambia averaged 4.45 USD Million from 1983 until 2018, reaching an all time high of 16.40 USD Million in 2014 and a record low of 0.70 USD Million in 1983.

GDP From Manufacturing in Gambia increased to 2526253675 GMD Thousand in 2018 from 2519157817 GMD Thousand in 2017. GDP From Manufacturing in Gambia averaged 1661687601.67 GMD Thousand from 1995 until 2018, reaching an all time high of 2941519749 GMD Thousand in 2015 and a record low of 795430 GMD Thousand in 1995. This page provides - Gambia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gambia recorded a capital and financial account surplus of 2.58 USD Million in the first quarter of 2019. Capital Flows in Gambia averaged 17.80 USD Million from 2011 until 2019, reaching an all time high of 63.30 USD Million in the second quarter of 2017 and a record low of -103.94 USD Million in the third quarter of 2017. This page provides - Gambia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Gambia increased to 57777815975 GMD Thousand in 2018 from 54227525507 GMD Thousand in 2017. GDP Constant Prices in Gambia averaged 29616336491.58 GMD Thousand from 1995 until 2018, reaching an all time high of 57777815975 GMD Thousand in 2018 and a record low of 11741275 GMD Thousand in 1995. This page provides - Gambia Gdp Constant Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Gambia increased to 5469794833 GMD Thousand in 2018 from 5372347563 GMD Thousand in 2017. GDP From Construction in Gambia averaged 1681296140.63 GMD Thousand from 1995 until 2018, reaching an all time high of 5469794833 GMD Thousand in 2018 and a record low of 723080 GMD Thousand in 1995. This page provides - Gambia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gambia recorded a Current Account deficit of 19 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Gambia averaged -7.25 percent from 1978 until 2018, reaching an all time high of 12.10 percent in 1988 and a record low of -37.57 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Gambia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Gambia stands at 31 percent. In the Gambia, the corporate income tax rate is paid by companies or partnerships on their turnover or profit. Corporate income tax rate is currently the higher of 31 percent of the taxable profit and 1.5 percent of turnover for the year. However, if for any reason the company accounts are not audited, the corporate tax on turnover should be 2.5 percent and not 1.5 percent. This page provides - Gambia Corporate Tax Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Gambia remained unchanged at 8.90 percent in 2019 from 8.90 percent in 2018. Unemployment Rate in Gambia averaged 9.79 percent from 1991 until 2019, reaching an all time high of 10.60 percent in 1999 and a record low of 8.90 percent in 2017. In Gambia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Gambia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gambia recorded a Current Account surplus of 4.07 USD Million in the first quarter of 2019. Current Account in Gambia averaged -20.78 USD Million from 2001 until 2019, reaching an all time high of 43 USD Million in the first quarter of 2010 and a record low of -89.11 USD Million in the fourth quarter of 2005. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Gambia Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Gambia was last recorded at 12 percent. Interest Rate in Gambia averaged 18.64 percent from 2002 until 2020, reaching an all time high of 34 percent in September of 2003 and a record low of 12 percent in July of 2012. In Gambia, interest rates decisions are taken by the Central Bank of Gambia’s Monetary Policy Committee in its Monetary Policy Meetings. The CBG’s official interest rate is the policy rate. This page provides the latest reported value for - Gambia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Gambia expanded 5.40 percent in 2019 from the previous year. GDP Annual Growth Rate in Gambia averaged 3.77 percent from 1968 until 2019, reaching an all time high of 12.39 percent in 1975 and a record low of -8.10 percent in 2011. Gambia, the smallest country in continental Africa, is one of the poorest nations in the world. Over 60 percent of population live below poverty line and the country depends on regular foreign aid to balance its budget. The main sector of the economy is agriculture, 75 percent of population depend on crops and livestock. In recent years, Gambia’s economy has been steadily growing due to development of tourism, inflow of remittances and re-exports. And the government is trying to keep the pace of expansion by undertaking reforms focusing on the modernization of the agriculture. This page provides - Gambia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Gambia increased 0.63 percent in December of 2019 over the previous month. Inflation Rate Mom in Gambia averaged 0.53 percent from 2011 until 2019, reaching an all time high of 1.29 percent in April of 2019 and a record low of 0.14 percent in April of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Gambia Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Gambia increased 7.64 percent in December of 2019 over the same month in the previous year. Food Inflation in Gambia averaged 7.14 percent from 2012 until 2019, reaching an all time high of 10 percent in January of 2017 and a record low of 4.57 percent in April of 2012. This page provides the latest reported value for - Gambia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Cpi Housing Utilities in Gambia remained unchanged at 100.24 points in March from 100.24 points in February of 2020. Cpi Housing Utilities in Gambia averaged 172.88 points from 2011 until 2020, reaching an all time high of 216.06 points in December of 2019 and a record low of 100 points in January of 2020. This page provides - Gambia Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Gambia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Gambia as reported by major credit rating agencies.

Gambia recorded 1 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Gambia reported 20 Coronavirus Cases. This page includes a chart with historical data for Gambia Coronavirus Deaths.

Mr. Angel Gurría, Secretary-General of the OECD, will be in Santiago, Chile, on 14-15 October 2019 to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers meeting.

This country note explains how Chile taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

This country note explains how Colombia taxes energy use. The note shows the distribution of effective energy tax rates across all domestic energy use. It also details the country-specific assumptions made when calculating effective energy tax rates and matching tax rates to the corresponding energy base.

Government at a Glance provides a dashboard of key indicators to help you analyse international comparisons of public sector performance.

The tax-to-GDP ratio in Chile increased by 1.0 percentage points from 20.1% in 2017 to 21.1% in 2018. The corresponding figure for the OECD average was a slight increase of 0.1 percentage point from 34.2% to 34.3% over the same period.

The tax wedge for the average single worker in Chile remained the same at 7.0 percentage points between 2018 and 2019. The OECD average tax wedge in 2019 was 36.0 (2018, 36.1). In 2019 Chile had the lowest tax wedge among the 36 OECD member countries, occupying the same position in 2018.

Chile's tax-to-GDP ratio in 2018 (21.1%) was below the LAC average (23.1%)¹ in this year's Revenue Statistics in Latin America and the Caribbean publication by 2.0 percentage points and below the OECD average (34.3%).

La recaudación tributaria sobre PIB de Chile en 2018 (21.1%) estuvo por debajo del promedio de ALC (23.1%)¹ en la publicación de este año de las Estadísticas tributarias en América Latina y el Caribe en 2.0 puntos porcentuales y por debajo del promedio de la OCDE (34.3%).

Temperature in Burundi increased to 21.08 celsius in December from 20.68 celsius in November of 2015. Temperature in Burundi averaged 20.09 celsius from 1850 until 2015, reaching an all time high of 22.86 celsius in September of 2013 and a record low of 17.62 celsius in December of 1860. This page includes a chart with historical data for Burundi Average Temperature.