Canada vs Iraq: Oil reserves

Canada
27.08 billion cubic meters
in 2021
Iraq
23.06 billion cubic meters
in 2021
Canada rank
4th
Iraq rank
5th

Oil reserves over time

  • Canada
  • Iraq
010.0B20.0B30.0B198020002021

How they compare

Canada currently reports 27.08 billion cubic meters against 23.06 billion cubic meters in Iraq, a difference of 4.02 billion cubic meters.

That makes Canada's figure about 1.2 times Iraq's.

The two have swapped places 1 time across 42 shared years of data; in 1980 it was Iraq ahead.

Canada ranks 4th and Iraq ranks 5th of 215 countries.

Across the 5 decades both report, Canada averaged higher in 3 and Iraq in 2.

Head to head by decade

Decade Canada Iraq Difference Ahead
1980s 1.09 billion cubic meters 8.11 billion cubic meters 7.03 billion cubic meters Iraq
1990s 834.55 million cubic meters 16.49 billion cubic meters 15.65 billion cubic meters Iraq
2000s 20.14 billion cubic meters 18.12 billion cubic meters 2.02 billion cubic meters Canada
2010s 27.37 billion cubic meters 21.95 billion cubic meters 5.42 billion cubic meters Canada
2020s 27.04 billion cubic meters 23.06 billion cubic meters 3.98 billion cubic meters Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Canada or Iraq?
Canada, at 27.08 billion cubic meters against 23.06 billion cubic meters in Iraq as of 2021.
What is the difference in oil reserves between Canada and Iraq?
4.02 billion cubic meters, with Canada ahead.
How many years of comparable data are there for Canada and Iraq?
42 years are reported by both, from 1980 to 2021.
How do Canada and Iraq rank globally for oil reserves?
Canada ranks 4th and Iraq ranks 5th of 215 countries.
Where does this data come from?
U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as Oil reserves. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Oil reserves
Unit
cubic meters
Source
U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
216 places, 8,283 data points, 1980–2021
Last refreshed

Proved reserves, measured in cubic meters, are generally those quantities that can be recovered in the future from known reservoirs under existing economic and operating conditions, according to geological and engineering information. Includes crude oil and lease condensate.