Analysis evidenced from the GENQ data estate: the Iraq Business Viability Index, the Sector Vitality Radar, the GENQ Project Tracker and the GENQ Iraq Sector Map. Every figure is dated and every limitation is stated.
The finding this series is built on.
GENQ measures the relationship between national viability and sector vitality at r = 0.384 across 52 observations, as at 19 October 2026. The relationship is weak: national risk and sector opportunity move largely independently. A country score is not an investment thesis, which is why these pieces are written a sector at a time.
Iraq's Oil and Gas Sector Holds 58 Percent of the Country's Tracked Capital and Almost None of Its Country Risk
Iraq scores 28.2 on GENQ's viability index, a critical reading, yet oil and gas carries $127.1bn of tracked project value, a vitality score above the national average and one of the very few...
Iraq's Banking Sector Has a Settlement Problem, Not a Capital Problem
Iraq's broad money stands at 47.87 percent of GDP while domestic credit to the private sector is 13.99 percent. The binding constraint is correspondent access, payment rails and dollar settl...
Iraq's Construction Pipeline Is an Oil Price Derivative: Only Two of 78 Tracked Projects Are PPPs
Iraq has $70.8bn of tracked built-environment work and almost no risk transfer: two public-private partnerships, nine multilateral-funded schemes, and a contractor bench financed offshore be...
Iraq's Consumer Market Is Served, Not Built: Eighteen of 36 Mapped Companies Are International
Iraq has 47 million consumers, 70 percent of them urban, and a retail and FMCG sector that scores 48.0 on GENQ's Sector Vitality Radar against a national composite of 44.9. What it does not...
Iraq's Highest-Scoring Sector Receives 0.5 Percent of Tracked Project Capital
Telecom and technology scores 58.0 on GENQ's Sector Vitality Radar, the strongest of twelve tracked sectors, yet accounts for one project and $1.0 billion of a $217.9 billion pipeline. That...
Iraq's Manufacturing Sector Is Almost Entirely Iraqi-Owned, and Almost Entirely Uncapitalised
Forty-five of the 50 manufacturers on the GENQ Iraq Sector Map are Iraqi companies, yet manufacturing attracts $400 million of the $217.9 billion in tracked project capital: domestic ownersh...
Iraq's Healthcare Market Has One Buyer, and Selling Into It Is an Entirely Different Business
Iraq buys life expectancy of 72.42 years on health spending of 5.53 percent of GDP, but one state agency shapes demand for 47 million people, and that structure, not the spending level, defi...
Iraq's Transport Sector Is a $44.9bn Bet on Geography, and $34bn of It Has Not Started
Iraq holds the strongest structural position of any dimension GENQ measures, with Trade Access at a baseline of 65, yet three quarters of its tracked transport pipeline sits in announced pro...
Iraq's Agriculture Sector Is a Water Negotiation, Not a Farming Problem
Iraq tracks $5.61 billion of water projects against $500 million of agriculture projects, and the single largest development in the sector this year was a diplomatic agreement with Turkey. T...
Iraq Has Not Changed an Energy Price Since December, and That Is Why the Real Cost of Energy Moved
Petrol has sat at exactly 850 dinars a litre on all 66 GENQ observation dates since 13 March 2026 and the power tariff has not moved since 1 December 2025, yet the same litre costs 64.9 US c...
Iraq Counts More Dwellings Than Households and Still Claims a Five Million Unit Deficit. The Gap Is Finance.
Iraq's 2024 census records 8.34 million dwellings against 8.05 million households, yet the state's stated shortfall has risen to about 5 million units, while buyers at Bismayah who have alre...
Iraq Has $217.9 Billion of Announced Projects and Spent IQD 236 Billion on Capital in May
GENQ tracks 78 Iraqi projects worth $217.9 billion of which three are complete, while the state that must fund a quarter of them spent 236 billion dinars on capital expenditure in the whole...
The readings behind these pieces update daily.
Every index cited across this library is live on the GENQ dashboard, with its as at date and its coverage limits published alongside it.