Iraq
Asia · Iraqi dinar (IQD) · 47.0 million people
Inflation
1.5%
▼ 1.6 pt since June · Jul 2026
GDP per person
US$5,410
2025
Inflation and the interest rate
Inflation was 1.5% in Jul 2026, down from 3.1% in June. The interest rate has been 4.00% since Mar 2016.
Monthly, consumer prices year on year.
Exchange rates
Closing rates on 16 Oct 2026. Changes are over 30 days.
US$1 in IQD
1,514
▲ +15.3%
€1 in IQD
1,700
▲ +12.4%
£1 in IQD
2,012
▲ +14.0%
¥1 in IQD
9.580
▲ +13.4%
CN¥1 in IQD
226.6
▲ +15.7%
₹1 in IQD
15.95
▲ +16.8%
Moves are neutral, so they're shown in ink with ▲/▼. All exchange rates
Cost of living
Minimum wage
Monthly, full time · 2024
IQD 350,000 a month
about US$231
Minimum wage from ILOSTAT.
Economy at a glance
GDP per person at PPP
2025 · international dollars
US$14,300
Population
2025
47.0 million
▲ 2.1% vs 2024
Prices in Iraq
Subscription prices here, with tax, compared with other countries.
Subscriptions
Sources and method
Figures from the IMF, the World Bank and ILOSTAT. Exchange rates are daily rates from the European Central Bank and other central banks, via Frankfurter. For guidance only. Read the disclaimer
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