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 US: none; note - Iraq has an Interest
Section in the Algerian Embassy; address: Iraqi Interests Section,
Algerian Embassy, 1801 P Street NW, Washington, DC 20036; telephone:
[1] (202) 483-7500; FAX: [1] (202) 462-5066
US diplomatic representation: none; note - the US has an Interests Section in the Polish Embassy in Baghdad, which is in the Masbah Quarter (opposite the Foreign Ministry Club); address: P. O. Box 2447 Alwiyah, Baghdad; telephone: [964] (1) 719-6138, 719-6139, 718-1840, 719-3791; Telex 212287
Flag: 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 that has two stars but no script and the flag of Yemen that has a plain white band; also similar to the flag of Egypt that has a symbolic eagle centered in the white band
Economy ———-
Economic overview: The Ba'thist regime engages in extensive central planning and management of industrial production and foreign trade while leaving some small-scale industry and services and most agriculture to private enterprise. The economy has been 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 and to 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. Agricultural development remained hampered by labor shortages, salinization, and dislocations caused by previous land reform and collectivization programs. The industrial sector, although accorded high priority by the government, also was under financial constraints. Iraq's seizure of Kuwait in August 1990, subsequent international economic embargoes, and military action by an international coalition beginning in January 1991 drastically changed the economic picture. Industrial and transportation facilities, which suffered severe damage, have been partially restored. Oil exports remain at less than 5% of the previous level. Shortages of spare parts continue. Living standards deteriorated even further in 1994 and 1995; consumer prices have more than doubled in both 1994 and 1995. The UN-sponsored economic embargo has reduced exports and imports and has contributed to the sharp rise in prices. The Iraqi Government has been unwilling to abide by UN resolutions so that the economic embargo can be removed. 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. In brief, per capita output for 1994-95 is well below the 1989-90 level, but any estimate has a wide range of error.
GDP: purchasing power parity - $41.1 billion (1995 est.)
GDP real growth rate: NA%
GDP per capita: $2,000 (1995 est.)
GDP composition by sector: agriculture: NA% industry: NA% services: NA%