Iraq economic climate
Iraq flag Iraq

Hormuz Squeeze, Syrian Fuel Arrives

With the Strait of Hormuz closure disrupting Iraqi oil exports, the EBRD forecasts a 12% economic contraction; Syrian gasoline shipments have begun after weeks of queues, easing shortages while import and transport costs keep businesses under pressure.

Business categories in motion

Use the country report to decide which businesses deserve upgrades, protection, or a new bid.

Travel and Transportation economic climate Travel and Transportation icon

Travel and Transportation

Syrian gasoline convoys bring relief, but weeks of shortages and costly fuel keep Iraqi transport under pressure.

Income ↓ -13% Expenses ↑ +13%
Business and Professional Services economic climate Business and Professional Services icon

Business and Professional Services

Hormuz export disruption and the EBRD’s 12% contraction forecast squeeze client demand and raise logistics costs.

Income ↓ -15% Expenses ↑ +8%
Retail economic climate Retail icon

Retail

A weaker outlook and a higher dollar in Baghdad and Erbil squeeze shoppers as imported stock costs more.

Income ↓ -10% Expenses ↑ +10%
Dining and Drinking economic climate Dining and Drinking icon

Dining and Drinking

Iraq’s contraction outlook and pricier imported supplies put dining margins under pressure.

Income ↓ -8% Expenses ↑ +8%

Iraq competition

Players build local empires one business at a time.

Sufy1987 profile image #1
Sufy1987 Baghdad Governorate, Iraq flag Baghdad Governorate, Iraq
Net Worth $1,425,899
Katar profile image #2
Katar Sulaymaniyah Governorate, Iraq flag Sulaymaniyah Governorate, Iraq
Net Worth $209,770
king Ahmed 96 profile image #3
king Ahmed 96 Basra Governorate, Iraq flag Basra Governorate, Iraq
Net Worth $178,415
RevGlowHeap950_3dd82 profile image #4
RevGlowHeap950_3dd82 Erbil Governorate, Iraq flag Erbil Governorate, Iraq
Net Worth $138,880
Nasrr22 profile image #5
Nasrr22 Kirkuk Governorate, Iraq flag Kirkuk Governorate, Iraq
Net Worth $117,350
BossOvalTrove profile image #6
BossOvalTrove Nineveh Governorate, Iraq flag Nineveh Governorate, Iraq
Net Worth $107,040
Delo profile image #7
Delo Kirkuk Governorate, Iraq flag Kirkuk Governorate, Iraq
Net Worth $102,344
Ibrahimmarwan profile image #8
Ibrahimmarwan Baghdad Governorate, Iraq flag Baghdad Governorate, Iraq
Net Worth $100,688
توباك profile image #9
توباك Baghdad Governorate, Iraq flag Baghdad Governorate, Iraq
Net Worth $68,245
MR.kardo profile image #10
MR.kardo Sulaymaniyah Governorate, Iraq flag Sulaymaniyah Governorate, Iraq
Net Worth $67,631
DrDryCity15 profile image #11
DrDryCity15 Saladin Governorate, Iraq flag Saladin Governorate, Iraq
Net Worth $59,791
EarlSwiftPeak2274 profile image #12
EarlSwiftPeak2274 Erbil Governorate, Iraq flag Erbil Governorate, Iraq
Net Worth $59,206

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