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Iraq: Economic Situation

Volume 467: debated on Thursday 22 November 2007

To ask the Secretary of State for International Development what his estimate is of (a) economic growth, (b) employment levels and (c) average wages in Iraq; what such figures were in each of the last five years; and if he will make a statement. (166057)

The most recent statistics that we have seen on the Iraqi economy are as follows:

Economic growth (Percentage)

Employment levels (Percentage)

Hourly wages (Iraqi Dinar)

2003

-41.5

28

n/a

2004

46.5

18.4

833

2005

3.7

n/a

n/a

2006

3

n/a

n/a

n/a = Not available.

Sources:

World Bank.

UNDP.

World Food Programme (WFP).

Central Office of Statistics and Information Technology (Government of Iraq).