Iraq IQ: Oil Rents: % of GDP

1970 - 2016 | Yearly | % | World Bank

Iraq IQ: Oil Rents: % of GDP data was reported at 42.406 % in 2016. This records an increase from the previous number of 32.802 % for 2015. Iraq IQ: Oil Rents: % of GDP data is updated yearly, averaging 36.493 % from Dec 1970 (Median) to 2016, with 34 observations. The data reached an all-time high of 83.126 % in 1979 and a record low of 0.093 % in 1971. Iraq IQ: Oil Rents: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iraq – Table IQ.World Bank: Land Use, Protected Areas and National Wealth. Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018).; Weighted Average;

View Iraq's Iraq IQ: Oil Rents: % of GDP from 1970 to 2016 in the chart:

Iraq Iraq IQ: Oil Rents: % of GDP

What was Iraq's Iraq IQ: Oil Rents: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
42.41 2016 32.80 2015 0.09 1971 83.13 1979 % yearly 1970 - 2016

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Iraq Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 13,943.870 2027 yearly 2003 - 2027
Forecast: Nominal GDP Per Capita (USD) 6,448.270 2027 yearly 2003 - 2027
Forecast: Real GDP Growth (%) 2.625 2027 yearly 1999 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (IQD bn) 204,643.953 2029 yearly 2004 - 2029
Forecast: Government Net Debt (IQD bn) 336,001.865 2029 yearly 2004 - 2029
Forecast: Government Revenue (IQD bn) 157,551.581 2029 yearly 2004 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 49.280 2028 yearly 2003 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 2.000 2028 yearly 2005 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -22.319 2029 yearly 2001 - 2029

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