Iraq vs Monaco: Economic Indicators Comparison

Iraq with a GDP of $224.2B ranked the 50th largest economy in the world, while Monaco ranked 149th with $7.2B. By GDP per capita, Iraq and Monaco ranked 103rd vs 1st, respectively.

Gross Domestic Product & Income

Stat	Iraq	Monaco
GDP	$224.2B	$7.2B
GDP growth, 1 year	0.6%	6.1%
GDP growth, 5-years average	3.1%	N/A
Population	38.3M	39k
GDP per capita	$5.8k	$186k
GDP per capita growth	-2.84%	5.3%
Purchasing Power Parity conversion factor	395.51	N/A
Price level ratio of PPP conversion factor GDP to market exchange rate	0.33	N/A
GDP per capita, PPP adjusted	$18k	$98k
GNI, Atlas method	$193.6B	N/A
GNI per capita	$5k	N/A
GNI, PPP adjusted	$661.5B	N/A
GNI per capita, PPP adjusted	$17k	N/A

Financial system and Human development

Stat	Iraq	Monaco
Income Tax Rate	15%	N/A
Corporate Tax Rate	15%	N/A
Inflation, consumer prices	0.4%	N/A
Inflation, GDP deflator	15.4%	0.8%
Unemployment	7.9%	6.3%
Economic Freedom Index	21	83
Personal Freedom Index	3.21	8.7
Human Freedom Index	4.28	8.7
Property Rights Index	43.9	N/A
Judical Effectiveness Index	11.2	N/A
Business Freedom Index	52.6	N/A
Fiscal Health Index	76.6	N/A
Labor Freedom Index	44.8	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	76.4	N/A
Government Spending Index	59.5	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	20.8	N/A
Corruption Perceptions Index	18	82
Life expectancy at birth, years	70.3	89.7
Suicide mortality rate, per 100,000 people	3	0.2
Mortality caused by road traffic injury, per 100,000 people	20.7	0
Intentional homicides, per 100,000 people	9.9	0
International tourism, number of arrivals	892k	347k

Government debt & reserves

Stat	Iraq	Monaco
Central government debt, % of GDP	48.4%	N/A
External debt stocks, % of GNI	N/A	N/A
External debt stocks	N/A	N/A
Short-term debt, % of total reserves	N/A	N/A
Total debt service, % of exports and primary income	N/A	N/A
Adjusted net savings including particulate emission damage, % of GNI	-7%	N/A
Gross savings, % of GDP	20.1%	N/A
Gross capital formation, % of GDP	12.9%	N/A
Total reserves including gold	$64.7B	N/A
Foreign direct investment net inflows	-$4.9B	N/A

Exports, imports and economic structure

Stat	Iraq	Monaco
Exports of goods and services, % of GDP	44%	N/A
Imports of goods and services, % of GDP	35.9%	N/A
Current account balance (balance of payments)	$34.4B	N/A
Revenue excluding grants, % of GDP	26.3%	N/A
Grants excluding technical cooperation, BoP	$1.7B	N/A
Personal remittances received	$741.7M	N/A
Industry including construction value added, % of GDP	56.1%	13.1%
Agriculture, forestry and fishing value added, % of GDP	2%	N/A
Charges for the use of intellectual property, payments BoP	$7.8M	N/A
Charges for the use of intellectual property, receipts BoP	$100k	N/A
Expense, % of GDP	25.3%	N/A
Government Expenditure, % of GDP	36.7%	N/A