Explicit fossil fuel subsidies as a share of GDP in Iraq

Iraq: Explicit fossil fuel subsidies as a share of GDP was 5.9% in 2021. β—† Volatile

Latest (2021)
5.9%
Change on year
up 122.9%
World rank
12th
of 187 countries
All-time high
11.7%
in 2011
All-time low
2.1%
in 2016
Years of data
12
2010–2021

Explicit fossil fuel subsidies as a share of GDP in Iraq, 2010–2021

246810122010201520212010: 8.9 %2011: 11.7 %2012: 11.5 %2013: 9.2 %2014: 6.4 %2015: 3 %2016: 2.1 %2017: 3.5 %2018: 5.2 %2019: 4.2 %2020: 2.7 %2021: 5.9 %

Source: Data from multiple sources compiled by the UN (2023) – processed by Our World in Data. Measured in %.

Analysis

In 2021, explicit fossil fuel subsidies as a share of gdp in Iraq stood at 5.9%.

That represents a change of up 122.9% on the previous year and down 49.3% over ten years.

Over the whole period, explicit fossil fuel subsidies as a share of gdp in Iraq peaked at 11.7% in 2011 and was at its lowest, 2.1%, in 2016.

That places Iraq 12th out of 187 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 6.6% 2.1% 11.7% 10
2020s 4.3% 2.7% 5.9% 2

Countries ranked near Iraq

  1. 9 Bahrain 6.9% compare
  2. 10 Egypt 6.2% compare
  3. 11 Saudi Arabia 6.1% compare
  4. 13 Tajikistan 5.8% compare
  5. 14 Kazakhstan 5.4% compare
  6. 15 Palestine 5.1% compare

See the full ranking of 187 places β†’

More energy & mining data for Iraq

All data for Iraq β†’

Frequently asked questions

What is explicit fossil fuel subsidies as a share of gdp in Iraq?
Explicit fossil fuel subsidies as a share of gdp in Iraq was 5.9% in 2021, according to Data from multiple sources compiled by the UN (2023) – processed by Our World in Data.
What is the highest explicit fossil fuel subsidies as a share of gdp recorded in Iraq?
The highest recorded value was 11.7% in 2011.
What is the lowest explicit fossil fuel subsidies as a share of gdp recorded in Iraq?
The lowest recorded value was 2.1% in 2016.
How does Iraq rank for explicit fossil fuel subsidies as a share of gdp?
Iraq ranks 12th out of 187 countries with data for 2021.
Is explicit fossil fuel subsidies as a share of gdp rising or falling in Iraq?
Over the last ten years it is down 49.3%. The long-run trend across the full record is volatile.
Where does this Iraq data come from?
The figures come from Data from multiple sources compiled by the UN (2023) – processed by Our World in Data, published as part of Explicit fossil fuel subsidies as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Explicit fossil fuel subsidies as a share of GDP
Unit
%
Source
Data from multiple sources compiled by the UN (2023) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 2,094 data points, 2010–2021
Last refreshed

Subsidies are pre-tax and for both the production and consumption of fossil fuels. Production subsidies reduce the cost of producing coal, oil or gas. Consumption subsidies cut fuel prices for the end user, such as by fixing the price at the petrol pump so that it is less than the market rate.