Iraq vs Libya: Oil reserves, per unit of GDP
Iraq
0.11 cubic meters per US$ of GDP
in 2021
Libya
0.2183 cubic meters per US$ of GDP
in 2021
Iraq rank
3rd
Libya rank
2nd
Oil reserves, per unit of GDP over time
- Iraq
- Libya
How they compare
Libya currently reports 0.2183 cubic meters per US$ of GDP against 0.11 cubic meters per US$ of GDP in Iraq, a difference of 0.1083 cubic meters per US$ of GDP.
That makes Libya's figure about 2.0 times Iraq's.
The two have swapped places 7 times across 42 shared years of data; in 1980 it was Iraq ahead.
Iraq ranks 3rd and Libya ranks 2nd of 198 countries.
Across the 5 decades both report, Iraq averaged higher in 3 and Libya in 2.
Head to head by decade
| Decade | Iraq | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.1559 cubic meters per US$ of GDP | 0.1166 cubic meters per US$ of GDP | 0.0393 cubic meters per US$ of GDP | Iraq |
| 1990s | 9.21 cubic meters per US$ of GDP | 0.1356 cubic meters per US$ of GDP | 9.08 cubic meters per US$ of GDP | Iraq |
| 2000s | 0.3877 cubic meters per US$ of GDP | 0.1362 cubic meters per US$ of GDP | 0.2515 cubic meters per US$ of GDP | Iraq |
| 2010s | 0.1127 cubic meters per US$ of GDP | 0.1201 cubic meters per US$ of GDP | 0.0073 cubic meters per US$ of GDP | Libya |
| 2020s | 0.1187 cubic meters per US$ of GDP | 0.1912 cubic meters per US$ of GDP | 0.0725 cubic meters per US$ of GDP | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, per unit of gdp, Iraq or Libya?
- Libya, at 0.2183 cubic meters per US$ of GDP against 0.11 cubic meters per US$ of GDP in Iraq as of 2021.
- What is the difference in oil reserves, per unit of gdp between Iraq and Libya?
- 0.1083 cubic meters per US$ of GDP, with Libya ahead.
- How many years of comparable data are there for Iraq and Libya?
- 42 years are reported by both, from 1980 to 2021.
- How do Iraq and Libya rank globally for oil reserves, per unit of gdp?
- Iraq ranks 3rd and Libya ranks 2nd 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.
Individual pages
About this data
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.