Iraq: Oil reserves

* indicates monthly or quarterly data series
 Iraq

Oil reserves, billion barrels

 Latest value 145.02
 Year 2021
 Measure billion barrels
 Data availability 1980 - 2021
 Average 103.76
 Min - Max 29.70 - 148.77
 Source The U.S. Energy Information Administration
For that indicator, we provide data for Iraq from 1980 to 2021. The average value for Iraq during that period was 103.76 billion barrels with a minimum of 29.7 billion barrels in 1982 and a maximum of 148.77 billion barrels in 2018. The latest value from 2021 is 145.02 billion barrels. For comparison, the world average in 2021 based on 187 countries is 9.09 billion barrels. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Iraq - Oil reserves - Recent values chart

Historical chart
Iraq - Oil reserves - historical chart - 1980-2021




Definition: Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.


 Related indicators Latest value Reference Measure
 Oil reserves 145.02 2021 billion barrels
 Oil production 4,470.51 2022 thousand Barrels Per Day
 Oil consumption 807.00 2014 thousand barrels per day
 Diesel and heating oil consumption 300.00 2020 thousand barrels per day
 Gasoline production 56.39 2014 thousand barrels per day
 Gasoline consumption 111.92 2020 thousand barrels per day
 LPG production 5.26 2014 thousand barrels per day
 LPG consumption 51.20 2020 thousand barrels per day
 Jet fuel production 4.67 2014 thousand barrels per day
 Jet fuel consumption 6.58 2020 thousand barrels per day
 Coal reserves 0.00 2021 million short tons
 Coal production 0.00 2022 thousand short tons
 Coal consumption 0.00 2022 thousand short tons
 Coal imports 1.34 2022 thousand short tons
 Coal exports 0.00 2022 thousand short tons
 Electricity production capacity 28.19 2021 million kilowatts
 Electricity production 97.26 2021 billion kilowatthours
 Electricity consumption 52.73 2021 billion kilowatthours
 Electricity imports 18.61 2021 billion kilowatthours
 Electricity exports 0.00 2021 billion kilowatthours
 Renewable power capacity 2.55 2021 million kilowatts
 Renewable power generation 5.28 2021 billion kilowatthours
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