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Iraq Business Forecast Report Q4 2012

765.34

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Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£765.34

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Market

All Sectors

Report Type

Country Guide

Country

Iraq

Published

24 October 2012

Number of Pages

35

Report Delivery

Download

Delivery Lead Time

Immediate

Publisher

Business Monitor International

File Format

PDF

Political progress in Iraq will remain slow. A broken power-sharing agreement, withdrawal of US troops and foreign intervention into northern Iraq all present risks to underlying stability, and the country risks falling back into a civil war. The Iraqi economy will be among the fastest growing in the world over the coming five years, driven by an aggressive increase in oil production and the start of large-scale infrastructure projects.

Major Forecast Changes

We have revised down our forecasts for real GDP growth, and now project the economy expanding 10.5% in 2012, down from our previous forecast of 12.0%. As a result of faster-than-expected decrease in food prices, we revised down our forecast for inflation, which we see averaging 6.5% in 2012, down from 6.8% previously.

Key Risks To Outlook

Attacks on oil infrastructure due to terrorism or acts of political protest present downside risks to our growth forecasts. A breakdown of the coalition government could lead to a period of pronounced instability and slower growth.

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

£765.34

Change Currency

GBP EURO USD

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USD

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