IMF sees Short-Term Iraq GDP Slump, then Recovery

By John Lee.

The International Monetary Fund (IMF) has revised its forecasts, considering the ongoing conflict in the Middle East.

According to its latest World Economic Outlook, it forecasts a 6.8-percent contraction in Iraq's GDP this year due to regional conflict, oil export disruptions, and potential infrastructure damage.

For 2027, it expects a dramatic recovery of 11.3 percent.

The full report is not yet released, but summaries and data can be accessed here.

To browse our comprehensive library of reports on Iraq, click here.

See also:

IMF Upgrades Iraq Forecasts

(Source: IMF)

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