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OFID Member Countries

Official country name: Republic of Iraq
National capital: Baghdad
Location: In the Middle East, with a narrow outlet to the sea on the Gulf. Its neighbors are Iran to the east, Turkey to the north, Syria and Jordan to the west, and Saudi Arabia and Kuwait to the south.
Area: 438,000 million km2


Natural resources: petroleum, natural gas, phosphates, sulfur
National currency: Iraqi dinar (ID)
Principal exports: crude petroleum, crude materials (inedible) except fuels, food and live animals
Principal imports: manufactures, food, medicine
   
Year: 2009
Population: 29.49 million (2008)
Average annual population growth rate 2007-15(%): 2.4%
Adult literacy rate: 74.1% (2007)
Life expectancy at birth (total years, 2007): 67.8
GDP growth (annual %): 4.8% (2009)
GDP current: US$102.14 billion (2008)
GDP per capita: US$3,646 (2008)
   
Structure of Output
(in % total GDP) 2008
 
Agriculture, value added
(% of GDP):
9%
Industry, value added
(% of GDP):
75%
Manufacturing: 1%
Services, value added
(% of GDP):
16%
Exports of goods & services: US$31.99 billion (2009)
Imports of goods & services (annual % growth): 22.55% (2009)
Current account balance
(% of GDP):
-26.4% (2009)
Inflation (annual %): -2.3%
Exchange rate (Dinars per US$) 2009 1,170.00
   
OFID Ministerial Council Member: HE Dr. Rafe Al-Eissawi, Minister of Finance, Ministry of Finance
OFID Governing Board Representative: HE Dr. Fadhil Nabee Othman, Undersecretary, Ministry of Finance
OFID Governing Board Alternate: Mr. Dhiyaa Hassan Jameel, General Inspector, Alternate Governor, Ministry of Finance