Iraq vs Kuwait: Oil reserves, per unit of GDP

Iraq
0.11 cubic meters per US$ of GDP
in 2021
Kuwait
0.1088 cubic meters per US$ of GDP
in 2021
Iraq rank
3rd
Kuwait rank
4th

Oil reserves, per unit of GDP over time

  • Iraq
  • Kuwait
010203040198020002021

How they compare

Iraq currently reports 0.11 cubic meters per US$ of GDP against 0.1088 cubic meters per US$ of GDP in Kuwait, a difference of 0.0012 cubic meters per US$ of GDP.

The two have swapped places 7 times across 42 shared years of data; in 1980 it was Kuwait ahead.

Iraq ranks 3rd and Kuwait ranks 4th of 198 countries.

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

Head to head by decade

Decade Iraq Kuwait Difference Ahead
1980s 0.1559 cubic meters per US$ of GDP 0.5836 cubic meters per US$ of GDP 0.4277 cubic meters per US$ of GDP Kuwait
1990s 9.21 cubic meters per US$ of GDP 0.6928 cubic meters per US$ of GDP 8.52 cubic meters per US$ of GDP Iraq
2000s 0.3877 cubic meters per US$ of GDP 0.2595 cubic meters per US$ of GDP 0.1281 cubic meters per US$ of GDP Iraq
2010s 0.1127 cubic meters per US$ of GDP 0.1182 cubic meters per US$ of GDP 0.0055 cubic meters per US$ of GDP Kuwait
2020s 0.1187 cubic meters per US$ of GDP 0.127 cubic meters per US$ of GDP 0.0083 cubic meters per US$ of GDP Kuwait

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, per unit of gdp, Iraq or Kuwait?
Iraq, at 0.11 cubic meters per US$ of GDP against 0.1088 cubic meters per US$ of GDP in Kuwait as of 2021.
What is the difference in oil reserves, per unit of gdp between Iraq and Kuwait?
0.0012 cubic meters per US$ of GDP, with Iraq ahead.
How many years of comparable data are there for Iraq and Kuwait?
42 years are reported by both, from 1980 to 2021.
How do Iraq and Kuwait rank globally for oil reserves, per unit of gdp?
Iraq ranks 3rd and Kuwait ranks 4th of 198 countries.
Where does this data come from?
Statizoid (derived), published as Oil reserves, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Kuwait: Oil reserves, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://energy.statizoid.com/compare/oil-reserves-per-unit-of-gdp/iraq/kuwait/

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About this data

Indicator
Oil reserves, per unit of GDP
Unit
cubic meters per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 7,375 data points, 1980–2021
Last refreshed

Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.