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What is the Main Source of Income in Iraq? A Comprehensive Guide

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  Helen Karim / 1 month
• 0
• 3 min read

The Backbone of Iraq’s Economy – Oil Revenue Why Oil Dominates Iraq’s Income Iraq holds one of the largest proven oil reserves in the world, making oil exports the cornerstone of its economy. According to recent data from the International Energy Agency (IEA), oil accounts for approximately 90% of Iraq’s government revenue and over 85% […]