Iraq

mkt_iq
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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.

Alpha-3:IRQ
NUM:368
Population
47M
GDP
$254B
GDP per Capita
$5K
GDP Growth
-2.2%
Deepdive

World Bank, World Development Indicators (WDI), 2025

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)
19.0
BANKS (PER 100K)
3.2
DEBIT CARDS (PER ADULT)
0.4
CREDIT CARDS (PER ADULT)
0.0
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards