Iraq

Iraq

Iraq facts and figures

Iraq
Iraq

Sharing borders with three other OPEC Member Countries – the Islamic Republic of Iran, Kuwait and Saudi Arabia – Iraq covers an area of around 438 thousand square kilometres. It has a population of about 39 million, one fifth of which lives in the capital, Baghdad. Most Iraqis speak Arabic, although Kurdish is also used, especially in the northern part of the country.

Iraq attained its independence as a Kingdom in 1932. In 1958, a military coup d’état ended the monarchy, making Iraq a republic.

Apart from petroleum, Iraq’s other natural resources include natural gas, phosphates and sulphur. Its national currency is the dinar. The country has a varied landscape, which includes areas of desert, mountains and fertile regions.

Iraq’s President is HE Barham Salih. The country is a Founder Member of OPEC.

Did you know?

  • Baghdad was the largest multicultural city of the Middle Ages and was the centre of learning during the Islamic Golden Age.
  • Iraq’s Kirkuk oilfield consists of three domes – Baba, Avanah and Khurmala. It was at the Baba dome that the country’s first productive oil well was drilled in 1927.


Below data covers 2019

Population (million inhabitants) 39.13
Land area (1,000 sq km) 438
GDP per capita ($) 6,719
GDP at market prices (million $) 262,912
Value of exports (million $) 82,309
Value of petroleum exports (million $) 80,027
Current account balance (million $) 15,763
Proven crude oil reserves (million barrels) 145,019
Proven natural gas reserves (billion cu. m.) 3,714
Crude oil production (1,000 b/d) 4,576.1
Marketed production of natural gas (million cu. m.) 11,544.1
Refinery capacity (1,000 b/cd) 761.8
Output of petroleum products (1,000 b/d) 632.5
Oil demand (1,000 b/d) 716.3
Crude oil exports (1,000 b/d) 3,968.2
Exports of petroleum products (1,000 b/d) 106.6
Natural gas exports (million cu. m.) --

  • b/d (barrels per day)
  • cu. m. (cubic metres)
  • b/cd (barrels per calendar day)

Source: Annual Statistical Bulletin 2020

  • HE Ihsan Abdul Jabbar Ismaael

    HE Ihsan Abdul Jabbar Ismaael

    Minister of Oil
    Head of Delegation

    Download CV
  • Mr. Alaa K. Alyasri

    Mr. Alaa K. Alyasri

    Governor for OPEC

  • Mr. Mohammed Saadoon Mohsin

    Mr. Mohammed Saadoon Mohsin

    National Representative