Oil reserves, per unit of GDP in Iraq
Iraq: Oil reserves, per unit of GDP was 0.11 cubic meters per US$ of GDP in 2021. ◆ Volatile
Oil reserves, per unit of GDP in Iraq, 1980–2021
Source: Statizoid (derived). Measured in cubic meters per US$ of GDP.
Analysis
Iraq recorded 0.11 cubic meters per US$ of GDP for oil reserves, per unit of gdp in 2021.
That represents a change of down 13.7% on the previous year and up 11.7% over ten years.
Over the whole period, oil reserves, per unit of gdp in Iraq peaked at 38.99 cubic meters per US$ of GDP in 1991 and was at its lowest, 0.0881 cubic meters per US$ of GDP, in 1990.
Iraq ranks 3rd of 198 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Oil reserves, per unit of GDP in Iraq, year by year
| Year | cubic meters per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0938 cubic meters per US$ of GDP | — |
| 1981 | 0.1261 cubic meters per US$ of GDP | +34.5% |
| 1982 | 0.1114 cubic meters per US$ of GDP | -11.6% |
| 1983 | 0.1601 cubic meters per US$ of GDP | +43.7% |
| 1984 | 0.1456 cubic meters per US$ of GDP | -9.0% |
| 1985 | 0.1461 cubic meters per US$ of GDP | +0.3% |
| 1986 | 0.1484 cubic meters per US$ of GDP | +1.6% |
| 1987 | 0.1319 cubic meters per US$ of GDP | -11.1% |
| 1988 | 0.2536 cubic meters per US$ of GDP | +92.3% |
| 1989 | 0.2415 cubic meters per US$ of GDP | -4.8% |
| 1990 | 0.0881 cubic meters per US$ of GDP | -63.5% |
| 1991 | 38.99 cubic meters per US$ of GDP | +44139.8% |
| 1992 | 28.71 cubic meters per US$ of GDP | -26.3% |
| 1993 | 15.41 cubic meters per US$ of GDP | -46.3% |
| 1994 | 3.98 cubic meters per US$ of GDP | -74.1% |
| 1995 | 1.23 cubic meters per US$ of GDP | -69.0% |
| 1996 | 1.52 cubic meters per US$ of GDP | +23.6% |
| 1997 | 0.8575 cubic meters per US$ of GDP | -43.7% |
| 1998 | 0.8675 cubic meters per US$ of GDP | +1.2% |
| 1999 | 0.485 cubic meters per US$ of GDP | -44.1% |
| 2000 | 0.3698 cubic meters per US$ of GDP | -23.7% |
| 2001 | 0.4944 cubic meters per US$ of GDP | +33.7% |
| 2002 | 0.5432 cubic meters per US$ of GDP | +9.9% |
| 2003 | 0.8159 cubic meters per US$ of GDP | +50.2% |
| 2004 | 0.4991 cubic meters per US$ of GDP | -38.8% |
| 2005 | 0.3652 cubic meters per US$ of GDP | -26.8% |
| 2006 | 0.2806 cubic meters per US$ of GDP | -23.2% |
| 2007 | 0.2058 cubic meters per US$ of GDP | -26.7% |
| 2008 | 0.1389 cubic meters per US$ of GDP | -32.5% |
| 2009 | 0.1637 cubic meters per US$ of GDP | +17.9% |
| 2010 | 0.132 cubic meters per US$ of GDP | -19.4% |
| 2011 | 0.0984 cubic meters per US$ of GDP | -25.4% |
| 2012 | 0.1044 cubic meters per US$ of GDP | +6.0% |
| 2013 | 0.0958 cubic meters per US$ of GDP | -8.2% |
| 2014 | 0.0977 cubic meters per US$ of GDP | +2.0% |
| 2015 | 0.1375 cubic meters per US$ of GDP | +40.8% |
| 2016 | 0.1364 cubic meters per US$ of GDP | -0.8% |
| 2017 | 0.121 cubic meters per US$ of GDP | -11.3% |
| 2018 | 0.104 cubic meters per US$ of GDP | -14.0% |
| 2019 | 0.1002 cubic meters per US$ of GDP | -3.7% |
| 2020 | 0.1275 cubic meters per US$ of GDP | +27.2% |
| 2021 | 0.11 cubic meters per US$ of GDP | -13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1559 cubic meters per US$ of GDP | 0.0938 cubic meters per US$ of GDP | 0.2536 cubic meters per US$ of GDP | 10 |
| 1990s | 9.21 cubic meters per US$ of GDP | 0.0881 cubic meters per US$ of GDP | 38.99 cubic meters per US$ of GDP | 10 |
| 2000s | 0.3877 cubic meters per US$ of GDP | 0.1389 cubic meters per US$ of GDP | 0.8159 cubic meters per US$ of GDP | 10 |
| 2010s | 0.1127 cubic meters per US$ of GDP | 0.0958 cubic meters per US$ of GDP | 0.1375 cubic meters per US$ of GDP | 10 |
| 2020s | 0.1187 cubic meters per US$ of GDP | 0.11 cubic meters per US$ of GDP | 0.1275 cubic meters per US$ of GDP | 2 |
Countries ranked near Iraq
- 1 Venezuela, Bolivarian Republic of 0.8532 cubic meters per US$ of GDP compare
- 2 Libya 0.2183 cubic meters per US$ of GDP compare
- 4 Kuwait 0.1088 cubic meters per US$ of GDP compare
- 5 Iran, Islamic Republic of 0.0814 cubic meters per US$ of GDP compare
- 6 Saudi Arabia 0.0418 cubic meters per US$ of GDP compare
More energy & mining data for Iraq
- Fuel imports 22.9% (2014)
- Ores and metals imports 3.4% (2014)
- Ores and metals exports 0.0% (2013)
- Gas production 109.4 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 2,327 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 109.4 terawatt-hours (2025)
- Gas production per person 2,327 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0 terawatt-hours per person (2025)
Frequently asked questions
- What is oil reserves, per unit of gdp in Iraq?
- Oil reserves, per unit of gdp in Iraq was 0.11 cubic meters per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest oil reserves, per unit of gdp recorded in Iraq?
- The highest recorded value was 38.99 cubic meters per US$ of GDP in 1991.
- What is the lowest oil reserves, per unit of gdp recorded in Iraq?
- The lowest recorded value was 0.0881 cubic meters per US$ of GDP in 1990.
- How does Iraq rank for oil reserves, per unit of gdp?
- Iraq ranks 3rd out of 198 countries with data for 2021.
- Is oil reserves, per unit of gdp rising or falling in Iraq?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Statizoid (derived), published as part of Oil reserves, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Oil reserves divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Oil reserves ÷ GDP (current US$)
Computed from
- Oil reserves U.S. Energy Information Administration (2022) – with major processing by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
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.