Iraq vs Saudi Arabia: Oil reserves, per unit of GDP

Iraq
0.11 cubic meters per US$ of GDP
in 2021
Saudi Arabia
0.0418 cubic meters per US$ of GDP
in 2021
Iraq rank
3rd
Saudi Arabia rank
6th

Oil reserves, per unit of GDP over time

  • Iraq
  • Saudi Arabia
010203040198020002021

How they compare

Iraq currently reports 0.11 cubic meters per US$ of GDP against 0.0418 cubic meters per US$ of GDP in Saudi Arabia, a difference of 0.0682 cubic meters per US$ of GDP.

That makes Iraq's figure about 2.6 times Saudi Arabia's.

The two have swapped places 1 time across 42 shared years of data; in 1980 it was Saudi Arabia ahead.

Iraq ranks 3rd and Saudi Arabia ranks 6th of 198 countries.

Across the 5 decades both report, Iraq averaged higher in 4 and Saudi Arabia in 1.

Head to head by decade

Decade Iraq Saudi Arabia Difference Ahead
1980s 0.1559 cubic meters per US$ of GDP 0.2391 cubic meters per US$ of GDP 0.0833 cubic meters per US$ of GDP Saudi Arabia
1990s 9.21 cubic meters per US$ of GDP 0.2923 cubic meters per US$ of GDP 8.92 cubic meters per US$ of GDP Iraq
2000s 0.3877 cubic meters per US$ of GDP 0.1538 cubic meters per US$ of GDP 0.2338 cubic meters per US$ of GDP Iraq
2010s 0.1127 cubic meters per US$ of GDP 0.0581 cubic meters per US$ of GDP 0.0547 cubic meters per US$ of GDP Iraq
2020s 0.1187 cubic meters per US$ of GDP 0.0486 cubic meters per US$ of GDP 0.0701 cubic meters per US$ of GDP Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher oil reserves, per unit of gdp, Iraq or Saudi Arabia?
Iraq, at 0.11 cubic meters per US$ of GDP against 0.0418 cubic meters per US$ of GDP in Saudi Arabia as of 2021.
What is the difference in oil reserves, per unit of gdp between Iraq and Saudi Arabia?
0.0682 cubic meters per US$ of GDP, with Iraq ahead.
How many years of comparable data are there for Iraq and Saudi Arabia?
42 years are reported by both, from 1980 to 2021.
How do Iraq and Saudi Arabia rank globally for oil reserves, per unit of gdp?
Iraq ranks 3rd and Saudi Arabia ranks 6th 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 Saudi Arabia: Oil reserves, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://energy.statizoid.com/compare/oil-reserves-per-unit-of-gdp/iraq/saudi-arabia/

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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.