Nonrenewable natural capital, oil in Iraq
Iraq: Nonrenewable natural capital, oil was 1.24 trillion current US$ in 2020. ◆ Volatile
Nonrenewable natural capital, oil in Iraq, 1995–2020
Source: World Bank. Measured in current US$.
Analysis
The most recent figure for nonrenewable natural capital, oil in Iraq is 1.24 trillion current US$, measured in 2020.
The figure is down 50.5% on the previous year and down 29.8% over ten years.
Over the whole period, nonrenewable natural capital, oil in Iraq peaked at 2.86 trillion current US$ in 2014 and was at its lowest, 55.76 billion current US$, in 1998.
Iraq ranks 2nd of 86 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 179.16 billion current US$ | 55.76 billion current US$ | 414.30 billion current US$ | 5 |
| 2000s | 692.53 billion current US$ | 139.85 billion current US$ | 1.47 trillion current US$ | 10 |
| 2010s | 1.31 trillion current US$ | 72.91 billion current US$ | 2.86 trillion current US$ | 10 |
| 2020s | 1.24 trillion current US$ | 1.24 trillion current US$ | 1.24 trillion current US$ | 1 |
Countries ranked near Iraq
- 1 Russia 1.73 trillion current US$ compare
- 3 United States 955.29 billion current US$ compare
- 4 United Arab Emirates 786.07 billion current US$ compare
- 5 Iran 736.33 billion current US$ compare
More reference data data for Iraq
- Emission Totals - Emissions (CO2eq) (AR5) - Manure left on Pasture 3,500 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 62.29 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Enteric Fermentat 6,524 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied to 188.06 (2050)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - Burning - Crop re 79.53 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure applied to Soils 188.06 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Manure Management 421.69 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 30.05 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure left on Pa 3,500 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 8,044 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Iraq?
- Nonrenewable natural capital, oil in Iraq was 1.24 trillion current US$ in 2020, according to the World Bank.
- What is the highest nonrenewable natural capital, oil recorded in Iraq?
- The highest recorded value was 2.86 trillion current US$ in 2014.
- What is the lowest nonrenewable natural capital, oil recorded in Iraq?
- The lowest recorded value was 55.76 billion current US$ in 1998.
- How does Iraq rank for nonrenewable natural capital, oil?
- Iraq ranks 2nd out of 86 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Iraq?
- Over the last ten years it is down 29.8%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from the World Bank, published as part of Nonrenewable natural capital, oil (current US$). Statizoid updates them automatically from the source API.
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