Iraq Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $27 billion (1984 est.)

Natural resources: oil, natural gas, phosphates, sulfur

Agriculture: dates, wheat, barley, rice, livestock

Major industry: crude petroleum 1.4 million b/d (1985 est.); petroleum revenues, $11.4 billion (1985 est.)

Electric power: 6,874,800 kW capacity (1985); 21.078 billion kWh produced (1985), 1,359 kWh per capita

Exports. $11.7 billion (f.o.b., 1985 est.); from nonoil receipts, $300 million est.

Imports: $11.5 billion (f.o.b., 1985 est.); 14% from Communist countries (1980)

Major trade partners: exports—France, Italy, Brazil, Japan, Turkey, UK, USSR, other Communist countries; imports—FRG, Japan, France, Italy, US, UK, USSR, other Communist countries (1985)

Budget: public revenues, $13.6 billion; current expenditures, $17.5 billion; development expenditures, $22.8 billion (1981 est.)

Monetary conversion rate: .3109 Iraqi dinar=US$l (October 1985)

Fiscal year: calendar year

NOTE: The information regarding Iraq on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Iraq 1986 information contained here. All suggestions for corrections of any errors about Iraq 1986 should be addressed to the CIA or the source cited on each page.