The Congo vs Iraq: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while the Congo ranked 141st with $11.3B. By GDP 5-years average growth and GDP per capita, Iraq and the Congo ranked 85th vs 157th and 103rd vs 143rd, respectively.

Gross Domestic Product & Income

StatCongoIraq
GDP$11.3B$224.2B
GDP growth, 1 year0.8%0.6%
GDP growth, 5-years average0.9%3.1%
Population5.3M38.3M
GDP per capita$2.1k$5.8k
GDP per capita growth-1.55%-2.84%
Purchasing Power Parity conversion factor210.64395.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.33
GDP per capita, PPP adjusted$6.8k$18k
GNI, Atlas method$8.6B$193.6B
GNI per capita$1.6k$5k
GNI, PPP adjusted$26.5B$661.5B
GNI per capita, PPP adjusted$5.1k$17k

Financial system and Human development

StatCongoIraq
Income Tax Rate45%15%
Corporate Tax Rate34%15%
Inflation, consumer prices1.2%0.4%
Inflation, GDP deflator22.2%15.4%
Unemployment10.4%7.9%
Economic Freedom Index41.821
Personal Freedom Index6.413.21
Human Freedom Index5.554.28
Property Rights Index40.743.9
Judical Effectiveness Index3011.2
Business Freedom Index37.552.6
Fiscal Health Index0.676.6
Labor Freedom Index35.344.8
Investment Freedom Index45N/A
Financial Freedom Index30N/A
Trade Freedom Index56.8N/A
Monetary Freedom Index83.276.4
Government Spending Index56.259.5
Tax Burden Index63.3N/A
Government Integrity Index23.120.8
Corruption Perceptions Index1918
Life expectancy at birth, years6470.3
Suicide mortality rate, per 100,000 people5.93
Mortality caused by road traffic injury, per 100,000 people27.420.7
Intentional homicides, per 100,000 people9.39.9
International tourism, number of arrivals156k892k

Government debt & reserves

StatCongoIraq
Central government debt, % of GDP98.5%48.4%
External debt stocks, % of GNI51.1%N/A
External debt stocks$5.1BN/A
Short-term debt, % of total reserves71.9%N/A
Total debt service, % of exports and primary income3.2%N/A
Adjusted net savings including particulate emission damage, % of GNI-40.4%-7%
Gross savings, % of GDP-4.4%20.1%
Gross capital formation, % of GDP18.2%12.9%
Total reserves including gold$423.6M$64.7B
Foreign direct investment net inflows$4.3B-$4.9B

Exports, imports and economic structure

StatCongoIraq
Exports of goods and services, % of GDP98.9%44%
Imports of goods and services, % of GDP56%35.9%
Current account balance (balance of payments)-$3.6B$34.4B
Revenue excluding grants, % of GDP23.3%26.3%
Grants excluding technical cooperation, BoP$81.4M$1.7B
Personal remittances received$7.7M$741.7M
Industry including construction value added, % of GDP52.9%56.1%
Agriculture, forestry and fishing value added, % of GDP7.1%2%
Charges for the use of intellectual property, payments BoP$3.8M$7.8M
Charges for the use of intellectual property, receipts BoP$1.6M$100k
Expense, % of GDP20.1%25.3%
Government Expenditure, % of GDP38.2%36.7%

Compare with countries close by GDP per capita

Congo vs

CountryGDP
per capita
Population
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M

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