The Reality of Small Industrial Companies and their Role in the Iraqi economy

Abstract

Small industrial companies are increasingly important in developing countries because of its ability to absorb surplus labor and interact with local market variables concerning production and marketing operations. The research is interested in studying the evolution of these small companies in Iraq and the most important analytical indicators, showing its ability to grow through a statistical model based on the data available in the statistics issued by the Central Bureau of statistics for 90-2013. The results indicated that the small industries in Iraq did not grow continuously during the period of research because of different economic conditions , and the value of production accounted for is very limited of GDP throughout the period.The most important recommendations are the need to create a business environment, and support efforts to increase financial loans to develop and build small industries, and establish industrial zones to promote investment in the sector.