Congo vs Iraq: Oil rents
Congo
34.4%
in 2021
Iraq
42.8%
in 2021
Congo rank
3rd
Iraq rank
2nd
Oil rents over time
- Congo
- Iraq
How they compare
Iraq currently reports 42.8% against 34.4% in Congo, a difference of 8.4%.
That makes Iraq's figure about 1.2 times Congo's.
The two have swapped places 10 times across 48 shared years of data; in 1970 it was Iraq ahead.
Congo ranks 3rd and Iraq ranks 2nd of 201 countries.
Iraq has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Congo | Iraq | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.8% | 39.6% | 29.8% | Iraq |
| 1980s | 19.6% | 24.9% | 5.3% | Iraq |
| 1990s | 33.1% | 33.9% | 0.7% | Iraq |
| 2000s | 42.9% | 53.8% | 10.9% | Iraq |
| 2010s | 30.6% | 43.1% | 12.4% | Iraq |
| 2020s | 28.4% | 34.9% | 6.5% | Iraq |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil rents, Congo or Iraq?
- Iraq, at 42.8% against 34.4% in Congo as of 2021.
- What is the difference in oil rents between Congo and Iraq?
- 8.4%, with Iraq ahead.
- How many years of comparable data are there for Congo and Iraq?
- 48 years are reported by both, from 1970 to 2021.
- How do Congo and Iraq rank globally for oil rents?
- Congo ranks 3rd and Iraq ranks 2nd of 201 countries.
- 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.