The World Bank's 'Global Economic Prospects' report, released in June 2026, highlights Iraq's economic vulnerability. The report identifies Iraq as one of the developing economies most dependent on commodity earnings. Specifically, the nation relies heavily on oil revenues to sustain its financial stability. This concentration of income sources poses a risk to long-term economic diversification. The findings emphasize the precarious nature of a commodity-driven economy. Consequently, Iraq remains susceptible to fluctuations in global energy markets. The report serves as a critical assessment of the country's current fiscal structure.