Explicit consumption subsidies for fossil fuels in Iraq

Iraq: Explicit consumption subsidies for fossil fuels was 14.37 billion constant 2023 US$ in 2023. ▲ Rising

Latest (2023)
14.37 billion constant 2023 US$
Change on year
down 36.4%
World rank
10th
of 48 countries
All-time high
22.61 billion constant 2023 US$
in 2022
All-time low
6.23 billion constant 2023 US$
in 2015
Years of data
14
2010–2023

Explicit consumption subsidies for fossil fuels in Iraq, 2010–2023

5.0B10.0B15.0B20.0B25.0B2010201620232010: 12.7B constant 2023 US$2011: 14.3B constant 2023 US$2012: 15.5B constant 2023 US$2013: 13.4B constant 2023 US$2014: 9.4B constant 2023 US$2015: 6.2B constant 2023 US$2016: 6.5B constant 2023 US$2017: 8.7B constant 2023 US$2018: 11.5B constant 2023 US$2019: 10.3B constant 2023 US$2020: 6.8B constant 2023 US$2021: 13.5B constant 2023 US$2022: 22.6B constant 2023 US$2023: 14.4B constant 2023 US$

Source: International Energy Agency (2024) – with minor processing by Our World in Data. Measured in constant 2023 US$.

Analysis

In 2023, explicit consumption subsidies for fossil fuels in Iraq stood at 14.37 billion constant 2023 US$.

That represents a change of down 36.4% on the previous year and up 7.6% over ten years.

Over the whole period, explicit consumption subsidies for fossil fuels in Iraq peaked at 22.61 billion constant 2023 US$ in 2022 and was at its lowest, 6.23 billion constant 2023 US$, in 2015.

That places Iraq 10th out of 48 countries with data for 2023, putting it in the top quarter.

The long-run direction has been consistently rising across the 14 years of available data.

Explicit consumption subsidies for fossil fuels in Iraq, year by year

Annual values for Explicit consumption subsidies for fossil fuels in Iraq, 2010 to 2023.
Year constant 2023 US$ Change
2010 12.65 billion constant 2023 US$ —
2011 14.29 billion constant 2023 US$ +12.9%
2012 15.49 billion constant 2023 US$ +8.4%
2013 13.36 billion constant 2023 US$ -13.7%
2014 9.44 billion constant 2023 US$ -29.3%
2015 6.23 billion constant 2023 US$ -34.0%
2016 6.48 billion constant 2023 US$ +3.9%
2017 8.66 billion constant 2023 US$ +33.7%
2018 11.52 billion constant 2023 US$ +33.1%
2019 10.33 billion constant 2023 US$ -10.3%
2020 6.80 billion constant 2023 US$ -34.2%
2021 13.53 billion constant 2023 US$ +98.9%
2022 22.61 billion constant 2023 US$ +67.2%
2023 14.37 billion constant 2023 US$ -36.4%

Iraq compared with similar countries

  • Iraq's 14.37 billion constant 2023 US$ is above the median for upper middle income countries, which is 5.24 billion constant 2023 US$, 2.7× the median. (21 countries reporting)
  • Iraq's 14.37 billion constant 2023 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 11.62 billion constant 2023 US$, 1.2× the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.84 billion constant 2023 US$ 6.23 billion constant 2023 US$ 15.49 billion constant 2023 US$ 10
2020s 14.33 billion constant 2023 US$ 6.80 billion constant 2023 US$ 22.61 billion constant 2023 US$ 4

Countries ranked near Iraq

  1. 7 Egypt 28.98 billion constant 2023 US$ compare
  2. 8 Algeria 26.60 billion constant 2023 US$ compare
  3. 9 Kazakhstan 15.24 billion constant 2023 US$ compare
  4. 11 United Arab Emirates 14.06 billion constant 2023 US$ compare
  5. 12 Venezuela 13.50 billion constant 2023 US$ compare
  6. 13 Uzbekistan 11.11 billion constant 2023 US$ compare

See the full ranking of 48 places →

More energy & mining data for Iraq

All data for Iraq →

Frequently asked questions

What is explicit consumption subsidies for fossil fuels in Iraq?
Explicit consumption subsidies for fossil fuels in Iraq was 14.37 billion constant 2023 US$ in 2023, according to International Energy Agency (2024) – with minor processing by Our World in Data.
What is the highest explicit consumption subsidies for fossil fuels recorded in Iraq?
The highest recorded value was 22.61 billion constant 2023 US$ in 2022.
What is the lowest explicit consumption subsidies for fossil fuels recorded in Iraq?
The lowest recorded value was 6.23 billion constant 2023 US$ in 2015.
How does Iraq rank for explicit consumption subsidies for fossil fuels?
Iraq ranks 10th out of 48 countries with data for 2023.
Is explicit consumption subsidies for fossil fuels rising or falling in Iraq?
Over the last ten years it is up 7.6%. The long-run trend across the full record is rising.
Where does this Iraq data come from?
The figures come from International Energy Agency (2024) – with minor processing by Our World in Data, published as part of Explicit consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.

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Explicit consumption subsidies for fossil fuels in Iraq. Statizoid, drawing on International Energy Agency (2024) – with minor processing by Our World in Data. Retrieved 27 September 2026, from https://energy.statizoid.com/stat/consumption-subsidies-for-fossil-fuels/iraq/

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About this data

Indicator
Explicit consumption subsidies for fossil fuels
Unit
constant 2023 US$
Source
International Energy Agency (2024) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.