Nonrenewable natural capital per capita, oil in Iraq

Iraq: Nonrenewable natural capital per capita, oil was 29,232 current US$ in 2020. ◆ Volatile

Latest (2020)
29,232 current US$
Change on year
down 51.7%
World rank
3rd
of 86 countries
All-time high
77,895 current US$
in 2014
All-time low
1,884 current US$
in 2016
Years of data
26
1995–2020

Nonrenewable natural capital per capita, oil in Iraq, 1995–2020

020.0k40.0k60.0k80.0k1995200720201995: 3.8k current US$1996: 4.5k current US$1997: 11.2k current US$1998: 2.4k current US$1999: 17.4k current US$2000: 28.4k current US$2001: 22.7k current US$2002: 19.4k current US$2003: 14.9k current US$2004: 26.3k current US$2005: 33.0k current US$2006: 42.9k current US$2007: 51.3k current US$2008: 4.8k current US$2009: 6.8k current US$2010: 56.7k current US$2011: 21.0k current US$2012: 15.9k current US$2013: 22.6k current US$2014: 77.9k current US$2015: 38.8k current US$2016: 1.9k current US$2017: 51.0k current US$2018: 8.1k current US$2019: 60.5k current US$2020: 29.2k current US$

Source: World Bank. Measured in current US$.

Analysis

In 2020, nonrenewable natural capital per capita, oil in Iraq stood at 29,232 current US$.

Compared with earlier readings it is down 51.7% on the previous year and down 48.4% over ten years.

Over the whole period, nonrenewable natural capital per capita, oil in Iraq peaked at 77,895 current US$ in 2014 and was at its lowest, 1,884 current US$, in 2016.

Iraq ranks 3rd 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.

Nonrenewable natural capital per capita, oil in Iraq, year by year

Annual values for Nonrenewable natural capital per capita, oil (current US$) in Iraq, 1995 to 2020.
Year current US$ Change
1995 3,759 current US$ —
1996 4,521 current US$ +20.3%
1997 11,158 current US$ +146.8%
1998 2,419 current US$ -78.3%
1999 17,392 current US$ +619.1%
2000 28,399 current US$ +63.3%
2001 22,653 current US$ -20.2%
2002 19,381 current US$ -14.4%
2003 14,931 current US$ -23.0%
2004 26,326 current US$ +76.3%
2005 33,031 current US$ +25.5%
2006 42,881 current US$ +29.8%
2007 51,320 current US$ +19.7%
2008 4,787 current US$ -90.7%
2009 6,780 current US$ +41.6%
2010 56,699 current US$ +736.3%
2011 21,007 current US$ -63.0%
2012 15,927 current US$ -24.2%
2013 22,553 current US$ +41.6%
2014 77,895 current US$ +245.4%
2015 38,846 current US$ -50.1%
2016 1,884 current US$ -95.2%
2017 51,020 current US$ +2608.1%
2018 8,145 current US$ -84.0%
2019 60,494 current US$ +642.7%
2020 29,232 current US$ -51.7%

Iraq compared with similar countries

  • Iraq's 29,232 current US$ is above the median for upper middle income countries, which is 157.32 current US$, 185.8× the median. (29 countries reporting)
  • Iraq's 29,232 current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 275.84 current US$, 106.0× the median. (12 countries reporting)

Biggest year-on-year movements

Years where Nonrenewable natural capital per capita, oil in Iraq changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +2608.1% 1,884 current US$ 51,020 current US$
2010 +736.3% 6,780 current US$ 56,699 current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 7,850 current US$ 2,419 current US$ 17,392 current US$ 5
2000s 25,049 current US$ 4,787 current US$ 51,320 current US$ 10
2010s 35,447 current US$ 1,884 current US$ 77,895 current US$ 10
2020s 29,232 current US$ 29,232 current US$ 29,232 current US$ 1

Countries ranked near Iraq

  1. 1 Qatar 121,105 current US$ compare
  2. 2 United Arab Emirates 84,640 current US$ compare
  3. 4 Oman 26,025 current US$ compare
  4. 5 Norway 25,405 current US$ compare
  5. 6 Kazakhstan 13,872 current US$ compare

See the full ranking of 86 places →

More reference data data for Iraq

All data for Iraq →

Frequently asked questions

What is nonrenewable natural capital per capita, oil in Iraq?
Nonrenewable natural capital per capita, oil in Iraq was 29,232 current US$ in 2020, according to the World Bank.
What is the highest nonrenewable natural capital per capita, oil recorded in Iraq?
The highest recorded value was 77,895 current US$ in 2014.
What is the lowest nonrenewable natural capital per capita, oil recorded in Iraq?
The lowest recorded value was 1,884 current US$ in 2016.
How does Iraq rank for nonrenewable natural capital per capita, oil?
Iraq ranks 3rd out of 86 countries with data for 2020.
Is nonrenewable natural capital per capita, oil rising or falling in Iraq?
Over the last ten years it is down 48.4%. 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 per capita, oil (current US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, oil in Iraq. Statizoid. Retrieved 30 September 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-oil-current-us/iraq/

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About this data

Indicator
Nonrenewable natural capital per capita, oil (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
86 places, 2,059 data points, 1995–2020
Last refreshed