What was Iraq's Total natural resources rents (% of GDP) in 2021?

In 2021, Iraq's Total natural resources rents (% of GDP) was 43.45, according to World Bank Open Data.

Is Iraq's Total natural resources rents (% of GDP) rising or falling?

Iraq's Total natural resources rents (% of GDP) rose 58.5% from 2020 to 2021.

How does Iraq rank globally on Total natural resources rents (% of GDP)?

In 2021, Iraq ranked #2 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Iraq's Total natural resources rents (% of GDP) compare to the world average?

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Iraq is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #2 of 20.

Iraq: Total natural resources rents (% of GDP)

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

In 2021, Iraq's Total natural resources rents (% of GDP) was 43.45.

That's up 58.5% from 2020, the highest value since 2018.

The global average for this indicator in 2021 was 6.63 . Iraq ranks #2 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #2 of 20.

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

Trend (2002–2021)

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

Highlights

Peak: 65.32; 2005
Trough: 27.42; 2020
1-year change: +58.5%
5-year change: +30.8%; +5.5% / yr
10-year change: -15.1%; -1.6% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	43.4459
2020	27.4170
2019	40.6099
2018	46.1478
2017	39.2006
2016	33.2189
2015	37.5037
2014	46.8544
2013	45.5794
2012	49.8510

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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

Frequently asked questions

What was Iraq's Total natural resources rents (% of GDP) in 2021?: In 2021, Iraq's Total natural resources rents (% of GDP) was 43.45, according to World Bank Open Data.
Is Iraq's Total natural resources rents (% of GDP) rising or falling?: Iraq's Total natural resources rents (% of GDP) rose 58.5% from 2020 to 2021.
How does Iraq rank globally on Total natural resources rents (% of GDP)?: In 2021, Iraq ranked #2 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Iraq's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Iraq is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #2 of 20.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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