Consumption subsidies for fossil fuels in Iraq

Iraq: Consumption subsidies for fossil fuels was 14.37 billion in 2023. ▲ Rising

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

Consumption subsidies for fossil fuels in Iraq, 2010–2023

5.0B10.0B15.0B20.0B25.0B2010201620232010: 12.7B2011: 14.3B2012: 15.5B2013: 13.4B2014: 9.4B2015: 6.2B2016: 6.5B2017: 8.7B2018: 11.5B2019: 10.3B2020: 6.8B2021: 13.5B2022: 22.6B2023: 14.4B

Source: Our World in Data.

Analysis

In 2023, consumption subsidies for fossil fuels in Iraq stood at 14.37 billion.

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

Over the whole period, consumption subsidies for fossil fuels in Iraq peaked at 22.61 billion in 2022 and was at its lowest, 6.23 billion, 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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 10.84 billion 6.23 billion 15.49 billion 10
2020s 14.33 billion 6.80 billion 22.61 billion 4

Countries ranked near Iraq

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

See the full ranking of 48 places →

More energy & mining data for Iraq

All data for Iraq →

Frequently asked questions

What is consumption subsidies for fossil fuels in Iraq?
Consumption subsidies for fossil fuels in Iraq was 14.37 billion in 2023, according to Our World in Data.
What is the highest consumption subsidies for fossil fuels recorded in Iraq?
The highest recorded value was 22.61 billion in 2022.
What is the lowest consumption subsidies for fossil fuels recorded in Iraq?
The lowest recorded value was 6.23 billion in 2015.
How does Iraq rank for consumption subsidies for fossil fuels?
Iraq ranks 10th out of 48 countries with data for 2023.
Is 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 Our World in Data, published as part of Consumption subsidies for fossil fuels. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Consumption subsidies for fossil fuels
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
48 places, 672 data points, 2010–2023
Last refreshed