## IRAQ AND THE IMF

## Source details

**Canonical URL:** [IRAQ AND THE IMF](https://www.imf.org/-/media/files/news/press-release/pr16321.pdf)

## Other formats

- [Markdown version](/-/media/files/news/press-release/pr16321.pdf.md)
- [Structured JSON version](/-/media/files/news/press-release/pr16321.pdf.json)

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### Country overview
- Joined IMF: December 27, 1945
- Currency: Dinar
- Quota (SDR): 1663.80 million
- Population (2015 est.): 35.2 million
- Inflation (2015): 2.3%
- GDP per capita (2015 est.): US $4,514

### Current relations with the IMF
- Annual economic review (Article IV Consultation)
- Capacity development
- Lending: two-year Stand-by Arrangement for US $5.4 billion, approved July 2016

### IMF economic projections (selected indicators)
- Fiscal balance (Amount of government revenue, minus any government spending):
  - 2015: -14.3 (% GDP)
  - 2016: -14.7 (% GDP)
  - 2017: -11.1 (% GDP)
- Growth (%) projections (chart axis present for 2015–2017; numeric growth values not listed in source text)
- Current account (Sum of the balance of trade goods and services exports minus imports):
  - 2015: -6.4 (% GDP)
  - 2016: -11.0 (% GDP)
  - 2017: -9.2 (% GDP)
- Additional current-account related chart values (axis range shown): -12, -9, -6, -3, 0

*International Monetary Fund — July 2016*

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_Source: https://www.imf.org/-/media/files/news/press-release/pr16321.pdf_