Country Profile - Iraq

 

COUNTRY OVERVIEW

Iraq remains a high risk country from the perspective of security but also doing business there. Understanding the culture and not just the law are key to operating in Iraq.

Iraq

General Information:

Iraq, which occupies an area once home to some of the earliest known civilisations, became a battleground for competing forces after the US-led ouster of President Saddam Hussein in 2003.

The mainly Shia-led governments that have held power since then have struggled to maintain order, and the country has enjoyed only brief periods of respite from high levels of sectarian violence.

Instability and sabotage have hindered efforts to rebuild an economy shattered by decades of conflict and sanctions, even though Iraq has the world’s second largest reserves of crude oil.

Republic of Iraq

Capital: Baghdad

Population: 37 million

Area 438,317 sq km (169,235 sq miles)

Major languages: Arabic, Kurdish

Major religion: Islam

Life expectancy: 68 years (men), 73 years (women)

Currency: Iraqi dinar

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