Greece vs Iraq: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Greece ranked 52nd with $218B. By GDP 5-years average growth and GDP per capita, Iraq and Greece ranked 85th vs 158th and 103rd vs 45th, respectively.

Gross Domestic Product & Income

StatGreeceIraq
GDP$218B$224.2B
GDP growth, 1 year2.1%0.6%
GDP growth, 5-years average0.7%3.1%
Population10.8M38.3M
GDP per capita$20k$5.8k
GDP per capita growth2.19%-2.84%
Purchasing Power Parity conversion factor0.58395.51
Price level ratio of PPP conversion factor GDP to market exchange rate0.690.33
GDP per capita, PPP adjusted$29k$18k
GNI, Atlas method$212B$193.6B
GNI per capita$20k$5k
GNI, PPP adjusted$318.3B$661.5B
GNI per capita, PPP adjusted$30k$17k

Financial system and Human development

StatGreeceIraq
Income Tax Rate42%15%
Corporate Tax Rate28%15%
Inflation, consumer prices0.8%0.4%
Inflation, GDP deflator0.5%15.4%
Unemployment19.2%7.9%
Economic Freedom Index59.921
Personal Freedom Index8.523.21
Human Freedom Index7.774.28
Property Rights Index5743.9
Judical Effectiveness Index48.611.2
Business Freedom Index73.752.6
Fiscal Health Index8076.6
Labor Freedom Index5244.8
Investment Freedom Index55N/A
Financial Freedom Index50N/A
Trade Freedom Index81.4N/A
Monetary Freedom Index79.476.4
Government Spending Index31.559.5
Tax Burden Index59N/A
Government Integrity Index51.220.8
Corruption Perceptions Index4518
Life expectancy at birth, years81.470.3
Suicide mortality rate, per 100,000 people53
Mortality caused by road traffic injury, per 100,000 people9.220.7
Intentional homicides, per 100,000 people0.79.9
International tourism, number of arrivals30.1M892k

Government debt & reserves

StatGreeceIraq
Central government debt, % of GDP183.3%48.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI-3.1%-7%
Gross savings, % of GDP12.9%20.1%
Gross capital formation, % of GDP13.1%12.9%
Total reserves including gold$7.6B$64.7B
Foreign direct investment net inflows$4B-$4.9B

Exports, imports and economic structure

StatGreeceIraq
Exports of goods and services, % of GDP36.1%44%
Imports of goods and services, % of GDP36.4%35.9%
Current account balance (balance of payments)-$6.2B$34.4B
Revenue excluding grants, % of GDP46%26.3%
Grants excluding technical cooperation, BoPN/A$1.7B
Personal remittances received$489.7M$741.7M
Industry including construction value added, % of GDP15.3%56.1%
Agriculture, forestry and fishing value added, % of GDP3.7%2%
Charges for the use of intellectual property, payments BoP$383M$7.8M
Charges for the use of intellectual property, receipts BoP$95.8M$100k
Expense, % of GDP46.6%25.3%
Government Expenditure, % of GDP47.8%36.7%

Compare with countries close by GDP per capita

Greece vs

CountryGDP
per capita
Population
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k

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