Iraq vs Russian Federation: Oil reserves

Iraq
23.06 billion cubic meters
in 2021
Russian Federation
12.72 billion cubic meters
in 2021
Iraq rank
5th
Russian Federation rank
8th

Oil reserves over time

  • Iraq
  • Russian Federation
5.0B10.0B15.0B20.0B25.0B198020002021

How they compare

Iraq currently reports 23.06 billion cubic meters against 12.72 billion cubic meters in Russian Federation, a difference of 10.34 billion cubic meters.

That makes Iraq's figure about 1.8 times Russian Federation's.

Across all 25 years both countries report, Iraq has been ahead every year.

Iraq ranks 5th and Russian Federation ranks 8th of 212 countries.

Iraq has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Iraq Russian Federation Difference Ahead
1990s 17.86 billion cubic meters 7.72 billion cubic meters 10.14 billion cubic meters Iraq
2000s 18.12 billion cubic meters 8.99 billion cubic meters 9.13 billion cubic meters Iraq
2010s 21.95 billion cubic meters 11.77 billion cubic meters 10.18 billion cubic meters Iraq
2020s 23.06 billion cubic meters 12.72 billion cubic meters 10.34 billion cubic meters Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, Iraq or Russian Federation?
Iraq, at 23.06 billion cubic meters against 12.72 billion cubic meters in Russian Federation as of 2021.
What is the difference in oil reserves between Iraq and Russian Federation?
10.34 billion cubic meters, with Iraq ahead.
How many years of comparable data are there for Iraq and Russian Federation?
25 years are reported by both, from 1997 to 2021.
How do Iraq and Russian Federation rank globally for oil reserves?
Iraq ranks 5th and Russian Federation ranks 8th of 212 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.

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Iraq vs Russian Federation: Oil reserves. Statizoid, drawing on U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Retrieved 18 August 2026, from https://energy.statizoid.com/compare/oil-proved-reserves/iraq/russian-federation/

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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.