Country IQ Demographics Analytics

Population trends and statistics

Population

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Total population

Home Ownership

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Percentage of population that owns their home

Household Debt

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Household debt as percentage of GDP

Additional Insights

Expert analysis of Country IQ Demographics trends and investment implications

Market Overview

Iraq's demographic landscape presents unique opportunities for real estate investors, driven by a young and rapidly urbanizing population. With a median age of approximately 21 years and a significant urban growth rate, the demand for residential and commercial properties is poised to increase, especially in major cities like Baghdad and Erbil.

Key Findings

Data-driven insights

•Iraq has a young population, with over 60% under the age of 25, indicating a long-term demand for housing and commercial development.
•Urbanization is on the rise, with more citizens moving to cities in search of better living conditions and job opportunities, enhancing the demand for urban real estate.
•Despite economic challenges, there is a growing middle class that is increasingly seeking improved living standards, driving the preference for modern housing and amenities.

Market Trends

Historical patterns

•Iraq has a young population, with over 60% under the age of 25, indicating a long-term demand for housing and commercial development.
•Urbanization is on the rise, with more citizens moving to cities in search of better living conditions and job opportunities, enhancing the demand for urban real estate.
•Despite economic challenges, there is a growing middle class that is increasingly seeking improved living standards, driving the preference for modern housing and amenities.

For Investors

Actionable takeaways

•Investors should focus on developing affordable housing and mixed-use projects in urban areas to cater to the young, urbanizing population.
•Emphasis on modern, sustainable developments can attract the growing middle class.
•Furthermore, capitalizing on public-private partnerships could mitigate risks associated with economic and political instability while maximizing investment returns.

Market Context

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.