AL-Qadisiyah Journal For Administrative and Economic sciences

The Impact of Oil Price Fluctuations on GDP within the Framework of Sustainable Development:The Case of Iraq for the Period (2004-2023)

Document Type : Research Paper

Authors

Hawraa Kamel Abdulhussein
Musa Khalaf Awad

University of Qadisiyah

https://doi.org/10.33916/qjae.2026.0196105
Abstract
This research objectives to investigate the impact of oil fee fluctuations on Iraq's GDP within the framework of sustainable improvement during the period 2004–2023, given the rentier nature of the Iraqi financial system and its heavy reliance on oil sales. The take a look at is primarily based on the basis that oil fee volatility is a vital aspect in figuring out the trajectory of GDP, at once impacting monetary stability and the capacity for reaching sustainable development. The research employs a descriptive-analytical technique the usage of qualitative records evaluation. The findings indicate that the non-stop fluctuation in oil expenses has caused full-size volatility in GDP, contributing to weakened economic sustainability and improved fragility of economic increase in Iraq. The research recommends adopting financial policies aimed toward diversifying profits resources and decreasing dependence on oil, thereby improving the Iraqi financial system's capability to achieve long-time period sustainable improvement.

Keywords

Oil Prices
Gross Domestic Product (GDP)
Sustainable Development
Crossmark
AL-Qadisiyah Journal For Administrative and Economic sciences
Volume 28, Issue 1
Spring 2026
Pages 96-105

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