By Takema Sakamoto
Based on its rich natural resources and huge market potential, Iraq’s economic prospects seem promising.
Its population, currently 32 million, is forecasted to increase by over 3 percent annually, which will create a larger number of future consumers. Its gross national income (GNI) per capita, currently $2,640, is estimated to grow by around 10 percent per year on average. Spending power is expected to grow rapidly.
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