Iraq vs Venezuela, Bolivarian Republic of: Oil reserves, per unit of GDP
Iraq
0.11 cubic meters per US$ of GDP
in 2021
Venezuela, Bolivarian Republic of
0.8532 cubic meters per US$ of GDP
in 2021
Iraq rank
3rd
Venezuela, Bolivarian Republic of rank
1st
Oil reserves, per unit of GDP over time
- Iraq
- Venezuela, Bolivarian Republic of
How they compare
Venezuela, Bolivarian Republic of currently reports 0.8532 cubic meters per US$ of GDP against 0.11 cubic meters per US$ of GDP in Iraq, a difference of 0.7432 cubic meters per US$ of GDP.
That makes Venezuela, Bolivarian Republic of's figure about 7.8 times Iraq's.
The two have swapped places 5 times across 42 shared years of data; in 1980 it was Iraq ahead.
Iraq ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st of 198 countries.
Across the 5 decades both report, Iraq averaged higher in 3 and Venezuela, Bolivarian Republic of in 2.
Head to head by decade
| Decade | Iraq | Venezuela, Bolivarian Republic of | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 0.1559 cubic meters per US$ of GDP | 0.0832 cubic meters per US$ of GDP | 0.0726 cubic meters per US$ of GDP | Iraq |
| 1990s | 9.21 cubic meters per US$ of GDP | 0.1501 cubic meters per US$ of GDP | 9.06 cubic meters per US$ of GDP | Iraq |
| 2000s | 0.3877 cubic meters per US$ of GDP | 0.0889 cubic meters per US$ of GDP | 0.2988 cubic meters per US$ of GDP | Iraq |
| 2010s | 0.1127 cubic meters per US$ of GDP | 0.2984 cubic meters per US$ of GDP | 0.1857 cubic meters per US$ of GDP | Venezuela, Bolivarian Republic of |
| 2020s | 0.1187 cubic meters per US$ of GDP | 0.9885 cubic meters per US$ of GDP | 0.8698 cubic meters per US$ of GDP | Venezuela, Bolivarian Republic of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher oil reserves, per unit of gdp, Iraq or Venezuela, Bolivarian Republic of?
- Venezuela, Bolivarian Republic of, at 0.8532 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 Venezuela, Bolivarian Republic of?
- 0.7432 cubic meters per US$ of GDP, with Venezuela, Bolivarian Republic of ahead.
- How many years of comparable data are there for Iraq and Venezuela, Bolivarian Republic of?
- 42 years are reported by both, from 1980 to 2021.
- How do Iraq and Venezuela, Bolivarian Republic of rank globally for oil reserves, per unit of gdp?
- Iraq ranks 3rd and Venezuela, Bolivarian Republic of ranks 1st 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.