At least 40 percent of Iraq’s Population is younger than 15, according to the latest estimates by its Ministry of Planning, based on a 2022 assessment by the Central Statistical Organisation.
The estimated population of Iraq for the year 2022 is 42,248,883 individuals, with an annual increase rate of 2.5 percent.
Iraq’s population first crossed the 40 million mark in 2020, growing rapidly over the decades. 2023 marks 20 years since the 2003 US-led invasion of Iraq, and the UN estimated Iraq's population was around 25 million at the time. The number of births in the past year surpassed 1.34 million, while 236,469 people died. So, we know what they have been doing for the last 20 years, making love.
Now, this is why Iraq is overly concerned with 40% of the population being under the age of 15. This means 700,000 students will be leaving college and high school each year. There are not enough jobs. And this leaves room for a major investment opportunity. Training online for jobs that can be done from anywhere in the world. The training would need to be in Arabic, online, affordable and mobile-friendly. Also there needs to be a reliable payment gateway. You can check out Shopify who has resolved this issue.
The new Government has added 100,000 new government jobs, but these jobs are available only as long as oil prices are up. The private sector holds 40 percent of all employment. And there is an urgent need.
69.9 percent of the population lives in Urban cities in Iraq with 30.1 per cent living in rural areas. Baghdad has a population of approximately nine million people.
Another reason the government is overly concerned with such a large4 number of unemployed youth is that they have the time and the motivation to protest. It is a proven fact that they can change the face of the Iraqi government, like in 2020, and take over Parliament like they did in 2022.
Poor people in Iraq can collect food rations based on their financial means and access other government and legal services.
Most of the viewers on the YouTube Channel are sitting on one million to ten million Iraqi Dinars. If you were to invest twenty percent of your holdings to a business plan professional online learning platform, this could be a win-win. Another investment idea from the Edu Matrix Team.
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