By 2025, the Iraqi citizen’s share of GDP will exceed $5,000.
By 2025, the Iraqi citizen’s share of GDP will exceed $5,000.
2025-05-25 04:01
Shafaq News/ Iraq ranked ninth in the Arab world in terms of per capita GDP in 2025, according to the Country Cassette website, which collects international data and statistics.
The website stated, in a report reviewed by Shafaq News Agency, that “per capita GDP, which measures the economic output of a country’s individual, is a key indicator of wealth distribution and quality of life.”
He added that “wealthy countries such as Luxembourg, Switzerland, and Ireland top the list, demonstrating the strength of their advanced economies and the efficiency of their systems,” noting that “Iraq ranked ninth in the Arab world in terms of per capita GDP, reaching $5,668.”
The website noted that “Qatar ranked first in the Arab world in terms of per capita GDP, with per capita GDP reaching $71,653, followed by the UAE in second place with $51,294, Saudi Arabia in third place with $30,099, Kuwait in fourth place with $29,951, Bahrain in fifth place with $28,857, Oman in sixth place with $20,546, Libya in seventh place with $6,801, and Algeria in eighth place with $5,691.”
This indicator describes the GDP per capita at current prices. Thus, the GDP was first converted from the national currency to the US dollar at current exchange rates and then divided by the total population.
Gross domestic product (GDP) is a measure of a country’s productivity and indicates the total value of goods and services produced during a specific period of time.
shafaq.com
