At current prices, oil
exports are about one-third of their prewar level because of the
implementation of UN Security Council Resolution 986-the UN's
oil-for-goods program-in December 1996. Shortages of spare parts
continue. In accord with the oil-for-goods deal, Iraq is allowed to
export $2 billion worth of oil in exchange for badly needed food and
medicine. The first oil was pumped in December 1996, and the first
supplies of food and medicine arrived in April 1997. Per capita output
for 1995-97 and living standards are well below the 1989-90 level, but
any estimates have a wide range of error.

GDP: purchasing power parity-$42.8 billion (1997 est.)

GDP-real growth rate: 0% (1997 est.)

GDP-per capita: purchasing power parity-$2,000 (1997 est.)

GDP-composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Inflation rate-consumer price index: NA%

Labor force:
total: 4.4 million (1989)
by occupation: services 48%, agriculture 30%, industry 22%
note: severe labor shortage; expatriate labor force was about
1,600,000 (July 1990); since then, it has declined substantially

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-capacity: 6.83 million kW (1996)

Electricity-production: 31.8 billion kWh (1996)

Electricity-consumption per capita: 1,362 kWh (1996 est.)

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

Exports: $NA
commodities: crude oil
partners: Jordan, Turkey (1996)

Imports: $NA
commodities: manufactures, food
partners: France, Turkey, Jordan, Vietnam, Australia (1996)

Debt-external: very heavy relative to GDP but amount unknown (1996)

Economic aid:
recipient: ODA, $NA

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$1-1,530
(December 1997), 3,000 (December 1995); subject to wide fluctuations

Fiscal year: calendar year

Communications

Telephones: 632,000 (1987 est.)

Telephone system: reconstitution of damaged telecommunication
facilities began after the Gulf war; most damaged facilities have been
rebuilt
domestic: the network consists of coaxial cables and microwave radio
relay links
international: