Iraq ranks 70th globally in property price-to-income index

Iraq ranked 70th globally in the property price-to-income ratio index with 10.1 points, according to a mid-2026 ranking that included 108 countries.

Among the Arab countries listed in the ranking, Egypt had the highest rate at 18.3 points, followed by Lebanon 16.9 points, Algeria 15 points, Morocco 13.6 points, and Tunisia 12.8 points.

The remaining Arab rates were, in order: Jordan 6.7 points, Kuwait 6.1 points, Bahrain 5 points, Saudi Arabia 4.7 points, Qatar 4.5 points, and the Sultanate of Oman 3.8 points.

Globally, Nigeria topped the list with 116.3 points, followed by Sri Lanka 55.4 points and then Ghana 49 points, while Hong Kong recorded 35.2 points, the Philippines 34.5 points, and Vietnam 32.7 points.

The United States recorded 3.4 points, while South Africa's rate was 3.1 points according to the same ranking.

The property price-to-income ratio is used to measure the relationship between housing prices and residents' income levels; a higher ratio generally indicates that buying property requires higher income relative to prices, reflecting a lower affordability of home purchases.