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World Bank: Iraq's GDP growth declined by 1.1%
economy breaking The World Bank Iraqi economy local production
2023-06-07T05:55:04.000000Z
Shafaq News/ The World Bank expected, on Wednesday, that
Iraq's real GDP growth will decline by 1.1% during the current year 2023.
Shafaq News agency viewed a schedule issued by the bank, during which it expected the real GDP growth of Iraq to decline by 1.1% during the year "2023", indicating that
"Iraq's gross domestic product increased in 2021 and 2022, by 1.6% and 7%, respectively, after it It was down 12% in 2020."
The World Bank schedule also showed an expectation that Iraq's gross domestic product would rise again in the next year 2024 and 2025 by 6% and 3.7%, respectively.
The bank suggested that the decline in the gross domestic product of three Arab countries in 2023, namely Iraq and Syria, would be by 5.5%, Yemen by 0.5%, and Lebanon by 0.5%, while the highest growth rate of GDP among the Arab countries would go to Egypt by 4%, followed by Qatar by 4%. 3.3%.
Gross domestic product is measured by the economic performance card, as
it is the total value of all final goods and services produced by any country as a comprehensive tool for measuring the production of this country.
It is calculated as follows: Gross Domestic Product = Consumer Expenditure + Government Expenditure + Total Investment + Net Exports.
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economy breaking The World Bank Iraqi economy local production
2023-06-07T05:55:04.000000Z
Shafaq News/ The World Bank expected, on Wednesday, that
Iraq's real GDP growth will decline by 1.1% during the current year 2023.
Shafaq News agency viewed a schedule issued by the bank, during which it expected the real GDP growth of Iraq to decline by 1.1% during the year "2023", indicating that
"Iraq's gross domestic product increased in 2021 and 2022, by 1.6% and 7%, respectively, after it It was down 12% in 2020."
The World Bank schedule also showed an expectation that Iraq's gross domestic product would rise again in the next year 2024 and 2025 by 6% and 3.7%, respectively.
The bank suggested that the decline in the gross domestic product of three Arab countries in 2023, namely Iraq and Syria, would be by 5.5%, Yemen by 0.5%, and Lebanon by 0.5%, while the highest growth rate of GDP among the Arab countries would go to Egypt by 4%, followed by Qatar by 4%. 3.3%.
Gross domestic product is measured by the economic performance card, as
it is the total value of all final goods and services produced by any country as a comprehensive tool for measuring the production of this country.
It is calculated as follows: Gross Domestic Product = Consumer Expenditure + Government Expenditure + Total Investment + Net Exports.
[You must be registered and logged in to see this link.]
