The unemployment rate, which was falling before the ISIS and oil crises hit, has increased beyond the 2012 level to 9.9 percent in 2017/18. According to the World Bank, the overall unemployment rate in Iraq stands at 11.2 percent and is nearly twice that, 21.6 percent, in areas that once were under Islamic State control and endured heavy destruction from military operations that officially ended late last year. Source: World Bank > Iraq > Iraq Unemployment Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. Oil production was down sharply year-on-year in Q1 and, as part of April’s OPEC+ deal, Iraq has committed to reducing output substantially going forward. Poverty rates Poverty among Iraqi citizens may have increased the feeling of disloyalty to the country and the desire to stay away of it. Iraq has the fourth-largest reserves of oil, but 22.5% of its population of 40 million were living on less than $1.90 (£1.53) a day in 2014, according to the World Bank. Iraq unemployment rate, percentage of total Iraqi labor force. Youth unemployment refers to the share of the labor force ages 15-24 without work but available for and seeking employment.
The rank of Iraq deteriorated to 172 in 2019 from 171 in 2018. The latest value from 2019 is 12.82 percent. The average value for Iraq during that period was 9.45 percent with a minimum of 7.97 percent in 2012 and a maximum of 13.02 percent in 2017. Labor force participation rate, total (% of total population ages 15+) (modeled ILO estimate) Iraq: Unemployment rate: For that indicator, we provide data for Iraq from 1991 to 2019. Iraq has the fourth-largest reserves of oil, but 22.5% of its population of 40 million were living on less than $1.90 (£1.53) a day in 2014, according to the World Bank. According to the World Bank, the unemployment rate is doubled in provinces most affected by the IS war and displacement (21.1 percent) in comparison to the rest of the governorates (11.2 percent).
In 2019, the unemployment rate in Iraq was at approximately 7.91 percent. More-over, almost 17 percent of the economical-ly …
In … Employment Rate in Iraq decreased to 28.20 percent in 2018 from 43.20 percent in 2016.
May 12, 2020.
tion rates in the world, and in the region especially for women (12 percent) and youth (26 percent). Iraq Economic Outlook. Iraq The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. The World Bank In Iraq . Iraq youth unemployment rate for 2018 was 25.27%, a 0.23% decline from 2017.; Iraq youth unemployment rate for 2017 was 25.50%, a 2.8% increase from 2016.; Iraq youth unemployment rate for 2016 was 22.70%, a 1.26% increase from 2015. For comparison, the world average in 2019 based on 182 countries is 7.04 percent. The WBG also works closely with partners to … Ease of Doing Business in Iraq averaged 161.17 from 2008 until 2019, reaching an all time high of 172 in 2019 and a record low of 150 in 2008. This page provides - Iraq Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Graph and download economic data for Youth Unemployment Rate for Iraq (SLUEM1524ZSIRQ) from 1991 to 2019 about Iraq, 15 to 24 years, unemployment, and rate. Unemployment rate in Iraq 2019 Published by H. Plecher, Feb 12, 2020 This statistic shows the unemployment rate in Iraq from 1999 to 2019. This statistic shows the unemployment rate in Iraq from 1999 to 2019. The World Bank Group mobilizes financial and technical assistance to support Iraq’s reconstruction efforts in order to reinstate the trust of Iraqi citizens by stabilizing the economy and rebuilding livelihoods. The economy is in dire straits. Moreover, oil prices are at historically low levels as Covid-19 hits demand.
Among youth, 17 percent of men and a whopping 27 percent of women are unemployed, the World Bank says. Employment Rate in Iraq averaged 44.06 percent from 2003 until 2018, reaching an all time high of 49.72 percent in 2006 and a record low of 28.20 percent in 2018. Iraq is ranked 172 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings.
The International Labor Organization’s World Employment and Social Outlook: Trends 2019 reported that the world’s unemployment rate dropped below 5% in 2018, the lowest since the 2008 financial crisis. Find Out Unemployment refers to the share of the labor force that is without work but available for …
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