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Qi and other domestic card services connect Iraqi payrolls, households and merchants with electronic merchant-payment channels. Cash and dinar bank transfers remain part of the same market, which had about 47 million residents and GDP per capita of approximately US$5,400 in 2025.
Population
47MGDP
$254BGDP per Capita
$5KGDP Growth
-2.2%Cash in Iraq
Iraq remains dependent on cash for many bills despite more payroll cards and services for electronic payments. Card acceptance is uneven, and cash machines can be unreliable or absent outside cities, keeping dinar notes important.
ATMs (PER 100K)
19.0BANKS (PER 100K)
3.2DEBIT CARDS (PER ADULT)
0.4CREDIT CARDS (PER ADULT)
0.0Payment Methods
Schemes
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Systems
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PSPs
Compliance
Regulator
Central Bank of Iraq







