Crude Oil Production in Iraq increased to 3868 BBL/D/1K in February from 3807 BBL/D/1K in January of 2021. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Iraq averaged 2214.09 BBL/D/1K from 1973 until 2021, reaching an all time high of 4830 BBL/D/1K in December of 2016 and a record low of 0 BBL/D/1K in February of 1991. This page provides the latest reported value for - Iraq Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Iraq Crude Oil Production - values, historical data and charts - was last updated on April of 2021.

Crude Oil Production in Iraq is expected to be 5100.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Iraq to stand at 4800.00 in 12 months time. In the long-term, the Iraq Crude Oil Production is projected to trend around 4900.00 BBL/D/1K in 2022, according to our econometric models.

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Iraq Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
3868.00 3807.00 4830.00 0.00 1973 - 2021 BBL/D/1K Monthly
NSA

Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 32167.60 41524.00 47550.00 -3492.00 USD Million [+]
Current Account 15762.60 34369.50 34369.50 -15410.00 USD Million [+]
Current Account to GDP -12.60 1.10 12.70 -24.00 percent [+]
Imports 49417.60 45736.00 59349.00 2681.90 USD Million [+]
Exports 81585.20 87260.00 94209.00 1720.40 USD Million [+]
Gold Reserves 96.42 96.27 96.42 0.00 Tonnes [+]
Crude Oil Production 3868.00 3807.00 4830.00 0.00 BBL/D/1K [+]
Terrorism Index 8.68 9.24 10.00 4.09 [+]