IMF Forecasts Bigger Contraction for Iraqi Economy

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:

"Bahrain, Iraq, Kuwait, and Qatar - commodity producers most affected by disruptions to energy output and transport - are projected to experience double-digit contractions of their economies in 2026, followed by double-digit expansions in 2027 as production, exports, and logistics normalize."

The full report is available here.

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

See also:

IMF sees Short-Term Iraq GDP Slump, then Recovery

(Source: IMF)

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