Nonrenewable natural capital, oil in Iraq
Iraq: Nonrenewable natural capital, oil was 2.51 trillion real chained 2019 US$ in 2020. ▲ Rising
Nonrenewable natural capital, oil in Iraq, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, nonrenewable natural capital, oil in Iraq stood at 2.51 trillion real chained 2019 US$.
Compared with earlier readings it is up 26.1% over ten years.
Over the whole period, nonrenewable natural capital, oil in Iraq peaked at 2.58 trillion real chained 2019 US$ in 2016 and was at its lowest, 1.73 trillion real chained 2019 US$, in 1995.
Iraq ranks 1st of 144 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.91 trillion real chained 2019 US$ | 1.73 trillion real chained 2019 US$ | 1.95 trillion real chained 2019 US$ | 5 |
| 2000s | 1.99 trillion real chained 2019 US$ | 1.95 trillion real chained 2019 US$ | 1.99 trillion real chained 2019 US$ | 10 |
| 2010s | 2.45 trillion real chained 2019 US$ | 1.99 trillion real chained 2019 US$ | 2.58 trillion real chained 2019 US$ | 10 |
| 2020s | 2.51 trillion real chained 2019 US$ | 2.51 trillion real chained 2019 US$ | 2.51 trillion real chained 2019 US$ | 1 |
Countries ranked near Iraq
- 1 Djibouti 0 real chained 2019 US$ compare
- 2 United Arab Emirates 1.61 trillion real chained 2019 US$ compare
- 3 Iran 1.40 trillion real chained 2019 US$ compare
- 4 United States 1.23 trillion real chained 2019 US$ compare
More reference data data for Iraq
- Emission Totals - Emissions (N2O) - Agricultural Soils 30.05 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 62.29 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.7096 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Burning - Crop re 19.52 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural Soil 7,963 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.3911 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied to 188.06 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 8,044 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.0736 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 564.34 (2050)
Frequently asked questions
- What is nonrenewable natural capital, oil in Iraq?
- Nonrenewable natural capital, oil in Iraq was 2.51 trillion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest nonrenewable natural capital, oil recorded in Iraq?
- The highest recorded value was 2.58 trillion real chained 2019 US$ in 2016.
- What is the lowest nonrenewable natural capital, oil recorded in Iraq?
- The lowest recorded value was 1.73 trillion real chained 2019 US$ in 1995.
- How does Iraq rank for nonrenewable natural capital, oil?
- Iraq ranks 1st out of 144 countries with data for 2020.
- Is nonrenewable natural capital, oil rising or falling in Iraq?
- Over the last ten years it is up 26.1%. The long-run trend across the full record is rising.
- Where does this Iraq data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Nonrenewable natural capital, oil (real chained 2019 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Natural capital includes the valuation of renewable and nonrenewable natural capital. Renewable natural capital includes agricultural land (cropland and pastureland), forests (timber, and three ecosystem services: water, recretion and non-wood forest products), protected areas, mangroves and fisheries. Nonrenewable natural capital includes fossil fuel energy (oil, gas, hard and soft coal) and minerals (bauxite, copper, gold, iron ore, lead, nickel, phosphate, silver, tin, and zinc),Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.