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Economy - overview:
Iraq's economy is dominated by the oil sector, which has traditionally provided about 95% of foreign exchange earnings. In the 1980s, financial problems caused by massive expenditures in the eight-year war with Iran and damage to oil export facilities by Iran led the government to implement austerity measures, borrow heavily, and later reschedule foreign debt payments; Iraq suffered economic losses of at least $100 billion from the war. After the end of hostilities in 1988, oil exports gradually increased with the construction of new pipelines and restoration of damaged facilities. Iraq's seizure of Kuwait in August 1990, subsequent international economic sanctions, and damage from military action by an international coalition beginning in January 1991 drastically reduced economic activity. The government's policies of supporting large military and internal security forces and of allocating resources to key supporters of the regime have exacerbated shortages. The implementation of the UN's oil-for-food program in December 1996 has helped improve economic conditions. For the first six six-month phases of the program, Iraq was allowed to export limited amounts of oil in exchange for food, medicine, and other humanitarian goods. In December 1999, the UN Security Council authorized Iraq to export under the oil-for-food program as much oil as required to meet humanitarian needs. Oil exports are now about three-quarters their prewar level. Per capita food imports have increased significantly, while medical supplies and health care services are steadily improving. Per capita output and living standards are still well below the prewar level, but any estimates have a wide range of error.

GDP:
purchasing power parity - $59.9 billion (1999 est.)

GDP - real growth rate:
13% (1999 est.)

GDP - per capita:
purchasing power parity - $2,700 (1999 est.)

GDP - composition by sector:

agriculture:
6%

industry:
13%

services:
81% (1993 est.)

Population below poverty line:
NA%

Household income or consumption by percentage share:

lowest 10%:
NA%

highest 10%:
NA%

Inflation rate (consumer prices):
135% (1999 est.)

Labor force:
4.4 million (1989)

Labor force - by occupation:
agriculture NA%, industry NA%, services NA%

Unemployment rate:
NA%

Budget:

revenues:
$NA

expenditures:
$NA, including capital expenditures of $NA

Industries:
petroleum, chemicals, textiles, construction materials, food processing

Industrial production growth rate:
NA%

Electricity - production:
28.4 billion kWh (1998)

Electricity - production by source:

fossil fuel:
97.89%

hydro:
2.11%

nuclear:
0%

other:
0% (1998)

Electricity - consumption:
26.412 billion kWh (1998)

Electricity - exports:
0 kWh (1998)

Electricity - imports:
0 kWh (1998)

Agriculture - products:
wheat, barley, rice, vegetables, dates, cotton; cattle, sheep

Exports:
$12.7 billion (1999 est.)

Exports - commodities:
crude oil

Exports - partners:
Russia, France, China (1999)

Imports:
$8.9 billion (1999 est.)

Imports - commodities:
food, medicine, manufactures

Imports - partners:
Russia, France, Egypt, Vietnam (1999)

Debt - external:
$130 billion (1999 est.)

Economic aid - recipient:
$327.5 million (1995)

Currency:
1 Iraqi dinar (ID) = 1,000 fils

Exchange rates:
Iraqi dinars (ID) per US$1 - 0.3109 (fixed official rate since 1982); black market rate - Iraqi dinars (ID) per US$1 - 1,900 (December 1999), 1,815 (December 1998), 1,530 (December 1997), 3,000 (December 1995); subject to wide fluctuations

Fiscal year:
calendar year

Country name:

conventional long form:
Republic of Iraq

conventional short form:
Iraq

local long form:
Al Jumhuriyah al Iraqiyah

local short form:
Al Iraq

Data code:
IZ

Government type:
republic

Capital:
Baghdad

Administrative divisions:
18 provinces (muhafazat, singular - muhafazah); Al Anbar, Al Basrah, Al Muthanna, Al Qadisiyah, An Najaf, Arbil, As Sulaymaniyah, At Ta'mim, Babil, Baghdad, Dahuk, Dhi Qar, Diyala, Karbala', Maysan, Ninawa, Salah ad Din, Wasit

Independence:
3 October 1932 (from League of Nations mandate under British administration)

National holiday:
Anniversary of the Revolution, 17 July (1968)

Constitution:
22 September 1968, effective 16 July 1970 (provisional constitution); new constitution drafted in 1990 but not adopted

Legal system:
based on Islamic law in special religious courts, civil law system elsewhere; has not accepted compulsory ICJ jurisdiction

Suffrage:
18 years of age; universal

Executive branch:

chief of state:
President SADDAM Husayn (since 16 July 1979); Vice President Taha Muhyi al-Din MARUF (since 21 April 1974); Vice President Taha Yasin RAMADAN (since 23 March 1991)

head of government:
Prime Minister SADDAM Husayn (since 29 May 1994); Deputy Prime Minister Tariq Mikhail AZIZ (since NA 1979); Deputy Prime Minister Taha Yasin RAMADAN (since NA May 1994); Deputy Prime Minister Muhammad Hamza al-ZUBAYDI (since NA May 1994)

cabinet:
Council of Ministers

note:
there is also a Revolutionary Command Council or RCC (Chairman SADDAM Husayn, Vice Chairman Izzat IBRAHIM al-Duri) which controls the ruling Ba'th Party, and is the most powerful political entity in the country

elections:
president and vice presidents elected by a two-thirds majority of the Revolutionary Command Council; election last held 17 October 1995 (next to be held NA 2002)

election results:
SADDAM Husayn reelected president; percent of vote - 99%; Taha Muhyi al-Din MARUF and Taha Yasin RAMADAN elected vice presidents; percent of vote - NA

Legislative branch:
unicameral National Assembly or Majlis al-Watani (250 seats; 30 appointed by the president to represent the three northern provinces of Dahuk, Arbil, and As Sulaymaniyah; 220 elected by popular vote; members serve four-year terms)

elections:
last held 24 March 1996 (next to be held NA March 2000)

election results:
percent of vote by party - NA; seats by party - NA

Judicial branch:
Court of Cassation

Political parties and leaders:
Ba'th Party [SADDAM Husayn, central party leader]

Political pressure groups and leaders:
any formal political activity must be sanctioned by the government; opposition to regime from Kurdish groups and southern Shi'a dissidents

International organization participation:
ABEDA, ACC, AFESD, AL, AMF, CAEU, CCC, ESCWA, FAO, G-19, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, NAM, OAPEC, OIC, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO?

Diplomatic representation in the US:
none; note - Iraq has an Interest Section in the Algerian Embassy headed by Mr. Akram AL DOURI; address: Iraqi Interests Section, Algerian Embassy, 2118 Kalorama Road NW, Washington, DC 20008; telephone: [1] (202) 265-2800; FAX: [1] (202) 667-2174

Diplomatic representation from the US:
none; note - the US has an Interests Section in the Polish Embassy in Baghdad; address: P. O. Box 2051 Hay Babel, Baghdad; telephone: [964] (1) 718-9267; FAX: [964] (1) 718-9297

Flag description:
three equal horizontal bands of red (top), white, and black with three green five-pointed stars in a horizontal line centered in the white band; the phrase ALLAHU AKBAR (God is Great) in green Arabic script - Allahu to the right of the middle star and Akbar to the left of the middle star - was added in January 1991 during the Persian Gulf crisis; similar to the flag of Syria which has two stars but no script and the flag of Yemen which has a plain white band; also similar to the flag of Egypt which has a symbolic eagle centered in the white band.


Country name:
conventional long form: Republic of Iraq
conventional short form: Iraq
local long form: Al Jumhuriyah al Iraqiyah
local short form: Al Iraq

Data code: IZ

Government type: republic

Capital: Baghdad

Administrative divisions: 18 provinces (muhafazat, singular - muhafazah); Al Anbar, Al Basrah, Al Muthanna, Al Qadisiyah, An Najaf, Arbil, As Sulaymaniyah, At Ta'mim, Babil, Baghdad, Dahuk, Dhi Qar, Diyala, Karbala', Maysan, Ninawa, Salah ad Din, Wasit

Independence: 3 October 1932 (from League of Nations mandate under British administration)

National holiday: Anniversary of the Revolution, 17 July (1968)

Constitution: 22 September 1968, effective 16 July 1970 (provisional constitution); new constitution drafted in 1990 but not adopted

Legal system: based on Islamic law in special religious courts, civil law system elsewhere; has not accepted compulsory ICJ jurisdiction

Suffrage: 18 years of age; universal

Executive branch:
chief of state: President SADDAM Husayn (since 16 July 1979); Vice President Taha Muhyi al-Din MARUF (since 21 April 1974); Vice President Taha Yasin RAMADAN (since 23 March 1991)
head of government: Prime Minister SADDAM Husayn (since 29 May 1994); Deputy Prime Minister Tariq Mikhail AZIZ (since NA 1979); Deputy Prime Minister Taha Yasin RAMADAN (since NA May 1994); Deputy Prime Minister Muhammad Hamza al-ZUBAYDI (since NA May 1994)
cabinet: Council of Ministers
note: there is also a Revolutionary Command Council or RCC (Chairman SADDAM Husayn, Vice Chairman Izzat IBRAHIM al-Duri) which controls the ruling Ba'th Party, and is the most powerful political entity in the country
elections: president and vice presidents elected by a two-thirds majority of the Revolutionary Command Council; election last held 17 October 1995 (next to be held NA 2002)
election results: SADDAM Husayn reelected president; percent of vote - 99%; Taha Muhyi al-Din MARUF and Taha Yasin RAMADAN elected vice presidents; percent of vote - NA

Legislative branch: unicameral National Assembly or Majlis al-Watani (250 seats; 30 appointed by the president to represent the three northern provinces of Dahuk, Arbil, and As Sulaymaniyah; 220 elected by popular vote; members serve four-year terms)
elections: last held 24 March 1996 (next to be held NA March 2000)
election results: percent of vote by party - NA; seats by party - NA

Judicial branch: Court of Cassation

Political parties and leaders: Ba'th Party [SADDAM Husayn, central party leader]

Political pressure groups and leaders: any formal political activity must be sanctioned by the government; opposition to regime from Kurdish groups and southern Shi'a dissidents

International organization participation: ABEDA, ACC, AFESD, AL, AMF, CAEU, CCC, ESCWA, FAO, G-19, G-77, IAEA, IBRD, ICAO, ICRM, IDA, IDB, IFAD, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, ITU, NAM, OAPEC, OIC, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WMO, WToO?

Diplomatic representation in the US: none; note - Iraq has an Interest Section in the Algerian Embassy headed by Mr. Akram AL DOURI; address: Iraqi Interests Section, Algerian Embassy, 2118 Kalorama Road NW, Washington, DC 20008; telephone: [1] (202) 265-2800; FAX: [1] (202) 667-2174

Diplomatic representation from the US: none; note - the US has an Interests Section in the Polish Embassy in Baghdad; address: P. O. Box 2051 Hay Babel, Baghdad; telephone: [964] (1) 718-9267; FAX: [964] (1) 718-9297

Flag description: three equal horizontal bands of red (top), white, and black with three green five-pointed stars in a horizontal line centered in the white band; the phrase ALLAHU AKBAR (God is Great) in green Arabic script - Allahu to the right of the middle star and Akbar to the left of the middle star - was added in January 1991 during the Persian Gulf crisis; similar to the flag of Syria which has two stars but no script and the flag of Yemen which has a plain white band; also similar to the flag of Egypt which has a symbolic eagle centered in the white band.


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