Arab World vs Iraq: Oil rents
Arab World
17.3%
in 2021
Iraq
42.8%
in 2021
Arab World rank
1st
Iraq rank
2nd
Oil rents over time
- Arab World
- Iraq
How they compare
Iraq currently reports 42.8% against 17.3% in Arab World, a difference of 25.5%.
That makes Iraq's figure about 2.5 times Arab World's.
The two have swapped places 4 times across 48 shared years of data; in 1970 it was Iraq ahead.
Arab World ranks 1st and Iraq ranks 2nd of 47 groups.
Across the 6 decades both report, Arab World averaged higher in 1 and Iraq in 5.
Head to head by decade
| Decade | Arab World | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 28.1% | 39.6% | 11.6% | Iraq |
| 1980s | 25.3% | 24.9% | 0.4% | Arab World |
| 1990s | 18.4% | 33.9% | 15.5% | Iraq |
| 2000s | 27.4% | 53.8% | 26.4% | Iraq |
| 2010s | 23.2% | 43.1% | 19.9% | Iraq |
| 2020s | 14.4% | 34.9% | 20.5% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Arab World or Iraq?
- Iraq, at 42.8% against 17.3% in Arab World as of 2021.
- What is the difference in oil rents between Arab World and Iraq?
- 25.5%, with Iraq ahead.
- How many years of comparable data are there for Arab World and Iraq?
- 48 years are reported by both, from 1970 to 2021.
- How do Arab World and Iraq rank globally for oil rents?
- Arab World ranks 1st and Iraq ranks 2nd of 47 groups.
- Where does this data come from?
- The Changing Wealth of Nations, World Bank (WB), published as Oil rents (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.