Nonrenewable natural capital per capita, oil in Iraq

Iraq: Nonrenewable natural capital per capita, oil was 59,082 real chained 2019 US$ in 2020. ▼ Falling

Latest (2020)
59,082 real chained 2019 US$
Change on year
down 2.3%
World rank
3rd
of 145 countries
All-time high
89,738 real chained 2019 US$
in 1996
All-time low
59,082 real chained 2019 US$
in 2020
Years of data
26
1995–2020

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

020.0k40.0k60.0k80.0k1995200720201995: 82.8k real chained 2019 US$1996: 89.7k real chained 2019 US$1997: 87.3k real chained 2019 US$1998: 84.6k real chained 2019 US$1999: 81.9k real chained 2019 US$2000: 79.2k real chained 2019 US$2001: 78.4k real chained 2019 US$2002: 75.9k real chained 2019 US$2003: 73.7k real chained 2019 US$2004: 71.6k real chained 2019 US$2005: 69.5k real chained 2019 US$2006: 69.0k real chained 2019 US$2007: 69.6k real chained 2019 US$2008: 68.2k real chained 2019 US$2009: 65.8k real chained 2019 US$2010: 63.8k real chained 2019 US$2011: 76.6k real chained 2019 US$2012: 71.8k real chained 2019 US$2013: 70.5k real chained 2019 US$2014: 67.5k real chained 2019 US$2015: 65.4k real chained 2019 US$2016: 66.7k real chained 2019 US$2017: 64.4k real chained 2019 US$2018: 61.9k real chained 2019 US$2019: 60.5k real chained 2019 US$2020: 59.1k real chained 2019 US$

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

Iraq recorded 59,082 real chained 2019 US$ for nonrenewable natural capital per capita, oil in 2020. That is the lowest value across all 26 years on record.

That represents a change of down 2.3% on the previous year and down 7.4% over ten years.

Over the whole period, nonrenewable natural capital per capita, oil in Iraq peaked at 89,738 real chained 2019 US$ in 1996 and was at its lowest, 59,082 real chained 2019 US$, in 2020.

That places Iraq 3rd out of 145 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently falling across the 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 85,268 real chained 2019 US$ 81,884 real chained 2019 US$ 89,738 real chained 2019 US$ 5
2000s 72,088 real chained 2019 US$ 65,828 real chained 2019 US$ 79,197 real chained 2019 US$ 10
2010s 66,916 real chained 2019 US$ 60,494 real chained 2019 US$ 76,628 real chained 2019 US$ 10
2020s 59,082 real chained 2019 US$ 59,082 real chained 2019 US$ 59,082 real chained 2019 US$ 1

Countries ranked near Iraq

  1. 1 Qatar 199,938 real chained 2019 US$ compare
  2. 2 United Arab Emirates 172,997 real chained 2019 US$ compare
  3. 4 Norway 56,331 real chained 2019 US$ compare
  4. 5 Oman 39,934 real chained 2019 US$ compare
  5. 6 Guyana 30,902 real chained 2019 US$ compare

See the full ranking of 145 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 59,082 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 per capita, oil recorded in Iraq?
The highest recorded value was 89,738 real chained 2019 US$ in 1996.
What is the lowest nonrenewable natural capital per capita, oil recorded in Iraq?
The lowest recorded value was 59,082 real chained 2019 US$ in 2020.
How does Iraq rank for nonrenewable natural capital per capita, oil?
Iraq ranks 3rd out of 145 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 7.4%. The long-run trend across the full record is falling.
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 per capita, oil (real chained 2019 US$). Statizoid updates them automatically from the source API.

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Nonrenewable natural capital per capita, oil in Iraq. Statizoid, drawing on 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. Retrieved 21 August 2026, from https://reference.statizoid.com/stat/nonrenewable-natural-capital-per-capita-oil-real-chained-2019-us/iraq/

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About this data

Indicator
Nonrenewable natural capital per capita, oil (real chained 2019 US$)
Unit
real chained 2019 US$
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
145 places, 3,729 data points, 1995–2020
Last refreshed

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.