Iraq

In-depth country-focused analysis on Iraq's economic, political and operational risk environment, complemented by detailed sector insight

Our comprehensive assessment of Iraq's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Iraq, as well as the latest industry developments that could impact Iraq's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Iraq before your competitors.

Iraq Country Risk

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Core Views Risks of a return to full-blown civil war are elevated following the takeover of jihadist group Islamic state (IS) of the country's north and west. The Iraqi economy will grow at a...

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Iraq Industry Coverage (9)

Autos

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We expect a return to positive growth in 2014, despite the heightened security risks, and this is borne out in industry estimates of 10% year-on-year sales growth for 4M14. Growth will be supported...

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Defence & Security

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BMI expects Iraq's defence budget to reach USD22.3bn in 2014. We believe that the defence budget will increase to USD26.5bn in 2015, before reaching USD44.3bn in 2018.We have given Iraq an overall...

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Infrastructure

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BMI View : We have moved to substantially lower our construction industry real growth forecasts for Iraq's construction industry over our 10-year forecast period . Following v iolence in...

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Medical Devices

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Espicom Industry View:   The medical device market is expected to experience   moderate   growth over the forecast period, led by growth of consumables, dental products and patient aids . T...

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Mining

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We expect to see strong growth in the mining sector of the Middle East and North Africa over the coming years. With low base effects, governmental will to increase non-oil revenues and significant...

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Oil & Gas

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BMI View: T he ramp-up of major upstream projects over in the coming quarters will boost output in Iraq , though a challenging security situation and unresolved issues with the Kurdistan...

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Pharmaceuticals & Healthcare

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BMI View: Thanks to the government's expansionary fiscal policy, spending on education, health and public services will increase . The Iraqi government has reportedly pledged to invest USD12bnÂ...

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Telecommunications

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BMI View: The Iraqi mobile sector recorded double-digit growth over the 12 months to December 2013. This supports our outlook for continued subscriptions growth during our five-year forecast...

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Water

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BMI View: Isis now has control of a significant portion of the water supplies in Iraq, both desalination facilities and dams. This poses serious risks to domestic consumers and industrial users...

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