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Iraq: GDP higher by 10.9 % in 2008
Aswat al-Iraq: Iraq's Gross Domestic Product (GDP) has risen by 10.9 percent at constant prices and 44.2 percent at current prices in 2008, compared to the previous year. "The rise in the GDP is attributed to the increase in crude oil activity, which jumped by 50.4 percent at current prices and 18 percent at constant prices in 2008, compared to 2007," according to a statement released by the Central Agency for Statistics in the Iraqi Ministry of Planning and Development Cooperation. "The amount of oil produced has increased from 742.079 million barrels in 2007 to 850.239 million barrels in 2008," the statement revealed.The statement has also indicated a 13.3 percent increase in the amount of crude oil exported in 2008. Posted by: Fred 2009-02-12 |
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