Afghanistan vs Iraq: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Afghanistan ranked 116th with $19.4B. By GDP 5-years average growth and GDP per capita, Iraq and Afghanistan ranked 85th vs 125th and 103rd vs 191st, respectively.

Gross Domestic Product & Income

StatAfghanistanIraq
GDP$19.4B$224.2B
GDP growth, 1 year2.3%0.6%
GDP growth, 5-years average2.2%3.1%
Population34.9M38.3M
GDP per capita$521$5.8k
GDP per capita growth-1.35%-2.84%
Purchasing Power Parity conversion factor19.27395.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.270.33
GDP per capita, PPP adjusted$2k$18k
GNI, Atlas method$20.3B$193.6B
GNI per capita$550$5k
GNI, PPP adjusted$73.1B$661.5B
GNI per capita, PPP adjusted$2k$17k

Financial system and Human development

StatAfghanistanIraq
Income Tax Rate20%15%
Corporate Tax Rate20%15%
Inflation, consumer prices0.6%0.4%
Inflation, GDP deflator0.8%15.4%
Unemployment1.5%7.9%
Economic Freedom Index54.721
Personal Freedom Index43.21
Human Freedom Index44.28
Property Rights Index48.343.9
Judical Effectiveness Index3011.2
Business Freedom Index54.752.6
Fiscal Health Index99.976.6
Labor Freedom Index61.644.8
Investment Freedom Index10N/A
Financial Freedom Index10N/A
Trade Freedom Index66N/A
Monetary Freedom Index8176.4
Government Spending Index79.259.5
Tax Burden Index91.4N/A
Government Integrity Index24.820.8
Corruption Perceptions Index1618
Life expectancy at birth, years64.170.3
Suicide mortality rate, per 100,000 people4.73
Mortality caused by road traffic injury, per 100,000 people15.120.7
Intentional homicides, per 100,000 people7.19.9
International tourism, number of arrivalsN/A892k

Government debt & reserves

StatAfghanistanIraq
Central government debt, % of GDP7.1%48.4%
External debt stocks, % of GNI13.4%N/A
External debt stocks$2.6BN/A
Short-term debt, % of total reserves4.4%N/A
Total debt service, % of exports and primary income4.9%N/A
Adjusted net savings including particulate emission damage, % of GNI2.7%-7%
Gross savings, % of GDP18.7%20.1%
Gross capital formation, % of GDP19.2%12.9%
Total reserves including gold$8.2B$64.7B
Foreign direct investment net inflows$119.4M-$4.9B

Exports, imports and economic structure

StatAfghanistanIraq
Exports of goods and services, % of GDP5.9%44%
Imports of goods and services, % of GDP45.3%35.9%
Current account balance (balance of payments)-$3.7B$34.4B
Revenue excluding grants, % of GDP12.2%26.3%
Grants excluding technical cooperation, BoP$3.3B$1.7B
Personal remittances received$803.5M$741.7M
Industry including construction value added, % of GDP22.1%56.1%
Agriculture, forestry and fishing value added, % of GDP20.5%2%
Charges for the use of intellectual property, payments BoP$2.4M$7.8M
Charges for the use of intellectual property, receipts BoP$13k$100k
Expense, % of GDP36.7%25.3%
Government Expenditure, % of GDP26.3%36.7%

Compare with countries close by GDP per capita

Afghanistan vs

CountryGDP
per capita
Population
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Somalia
$315
11M

Iraq vs

CountryGDP
per capita
Population
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M