Crude Oil Production in Iraq decreased to 4213 BBL/D/1K in May from 4480 BBL/D/1K in April of 2020.

Crude Oil Production in Iraq averaged 2190.26 BBL/D/1K from 1973 until 2020, 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 July of 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Iraq is expected to be 4900.00 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 5100.00 in 12 months time. In the long-term, the Iraq Crude Oil Production is projected to trend around 4800.00 BBL/D/1K in 2021 and 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
4213.00 4480.00 4830.00 0.00 1973 - 2020 BBL/D/1K Monthly
NSA

Iraq Trade Last Previous Highest Lowest Unit
Balance of Trade 41524.00 18793.00 47550.00 -3492.00 USD Million [+]
Current Account 13954.50 2157.80 32344.00 -15410.00 USD Million [+]
Current Account to GDP -1.20 4.90 12.70 -24.00 percent [+]
Imports 45736.00 38766.00 59349.00 2681.90 USD Million [+]
Exports 87260.00 57559.00 94209.00 1720.40 USD Million [+]
Gold Reserves 96.30 96.27 96.30 0.00 Tonnes [+]
Crude Oil Production 4213.00 4480.00 4830.00 0.00 BBL/D/1K [+]
Terrorism Index 9.24 9.75 10.00 4.09 [+]