Impact of oil revenue on industrial sector in Iraq : an analytical study for the period 2016-2020

الملخص EN

The study included the impact of oil revenues in Iraq on the industrial sector, which is a vital and important sector in achieving economic development, and in the formation of gross domestic product, but this sector subjected to a lot of ignorance by the Iraqi successive governments, and the trend and dependence on oil revenues obtained from export to form the national product or to build and rebuild the infrastructure or to provide the salaries of employees and so on.

This makes the economic situation unstable and suffering from continuous imbalances in the balance of payments.

The growth rate function was used for the purpose of analyzing the data of oil variables as well as analyzing the data of the industrial sector.

The study also included the importance of industry as well as the importance of the manufacturing industry and what are the obstacles, they faced during the study period 2016-2020.

The study recommended the necessity of paying attention to the industrial sector and allocating a larger part of the state budget to advance its reality and provide the necessary requirements to create suitable environment and encourage national industries.