What was Iraq's Natural gas rents (% of GDP) in 2021?

In 2021, Iraq's Natural gas rents (% of GDP) was 0.66, according to World Bank Open Data.

Is Iraq's Natural gas rents (% of GDP) rising or falling?

Iraq's Natural gas rents (% of GDP) rose 73.3% from 2020 to 2021.

How does Iraq rank globally on Natural gas rents (% of GDP)?

In 2021, Iraq ranked #32 out of 190 countries reporting Natural gas rents (% of GDP).

How does Iraq's Natural gas rents (% of GDP) compare to the world average?

The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 19.

Iraq: Natural gas rents (% of GDP)

Name: Iraq: Natural gas rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Iraq's Natural gas rents (% of GDP) was 0.66.

That's up 73.3% from 2020, the highest value on record.

The global average for this indicator in 2021 was 0.93 . Iraq ranks #32 globally out of 190 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 19.

Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.66; 2021
Trough: 0.11; 2004
1-year change: +73.3%
5-year change: +162.1%; +21.3% / yr
10-year change: +160.3%; +10.0% / yr

Historical Data — Last 10 Years

Year	Natural gas rents (% of GDP)
2021	0.6555
2020	0.3782
2019	0.3746
2018	0.3785
2017	0.2755
2016	0.2501
2015	0.2408
2014	0.2454
2013	0.2366
2012	0.2224

About Natural gas rents (% of GDP)

Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

Indicator code: NY.GDP.NGAS.RT.ZS • Category: Economy

Frequently asked questions

What was Iraq's Natural gas rents (% of GDP) in 2021?: In 2021, Iraq's Natural gas rents (% of GDP) was 0.66, according to World Bank Open Data.
Is Iraq's Natural gas rents (% of GDP) rising or falling?: Iraq's Natural gas rents (% of GDP) rose 73.3% from 2020 to 2021.
How does Iraq rank globally on Natural gas rents (% of GDP)?: In 2021, Iraq ranked #32 out of 190 countries reporting Natural gas rents (% of GDP).
How does Iraq's Natural gas rents (% of GDP) compare to the world average?: The global average for Natural gas rents (% of GDP) in 2021 was 0.93, so Iraq is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 19.
What is Natural gas rents (% of GDP) and how is it measured?: Natural gas rents are the difference between the value of natural gas production at regional prices and total costs of production.

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Source: World Bank Open Data (NY.GDP.NGAS.RT.ZS), CC BY 4.0.