The International Monetary Agency expects an increase in the value of non-oil revenues in Iraq for the year 2023
The International Monetary Agency expects an increase in the value of non-oil revenues in Iraq for the year 2023
2023-05-14
Today, Sunday, the International Monetary Fund announced that Iraqi non-oil government revenues amounted to 4.7% of GDP in 2022.
And the fund stated in a table received by the insider, that: “Iraqi government non-oil revenues amounted to 4.7% of GDP in 2022,” noting that “these revenues increased from 2020, which was 4.4%, and decreased from 2021, which was 8%.” %, while these revenues were between 1990 and 2000 at a rate of 5.5%.
The fund expected that “the value of non-oil revenues from the gross domestic product in Iraq will increase for the year 2023 to reach 5.2%, but it will decline again for the year 2024 to reach 5.1%.”
He pointed out that “Iraq was the least oil-producing Arab country with non-oil government revenues, while the highest Arab oil-producing country with non-oil government revenues was Kuwait, as non-oil revenues of its GDP amounted to 39.3% for the year 2022, followed by the UAE with revenues amounting to 21.9%. of its GDP for the year 2022.
almutalee.com
