Iraq Oil
Production (2025)#8 World
4,500,343b/d−1.5% YoY
Consumption (2024)#22 World
1,065,349b/d+1% YoY
Daily Surplus (2024)
+3,502,744b/d
Consumption uses 23.3% of production.
Production
Consumption
Surplus
Oil Reserves in Iraq
- Iraq has proven oil reserves of 145,019,000,000 barrels (as reported in 2025) (#5 in the world), representing 8.2% of the world's total.
- As of 2025 production rates, Iraq has roughly 91 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Iraq
- Iraq produced 4,500,343 barrels per day of oil and petroleum liquids in 2025 (#8 in the world), a decrease of 1.5% from 4,568,092 barrels per day in 2024.
- Of that, 4,388,068 barrels per day was crude oil in 2025.
- And 125,000 barrels per day was natural gas plant liquids (NGPL) in 2025.
Iraq has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Iraq
- Iraq consumed 1,065,349 barrels per day of oil and petroleum products in 2024 (#22 in the world), an increase of 1% from 2023. This represents 1% of the world's total oil consumption.
- Per capita, oil consumption in Iraq averaged 0.97 us gallons per day in 2024 (#67 in the world).
- The largest refined-product categories were Other Refined Products (27.5%), Residual Fuel Oil (27.5%), and Motor Gasoline (18.2%).
(Historical) Oil Imports & Exports in Iraq
EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.
Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.
oil Balance in Iraq
- In 2024, Iraq produced approximately 4,568,092 barrels per day of oil and consumed 1,065,349 barrels per day , a surplus of 3,502,744 barrels per day.
Iraq Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 145,019,000,000 | 5 | 8.2% | 4,500,343 | −1.5% | 8 | 4.2% | — | — | — | — | — | — | — | — |
| 2024 | 145,019,000,000 | 5 | 8.2% | 4,568,092 | +1.5% | 7 | 4.4% | 1,065,349 | +1% | 22 | 1.0% | 0.97 | — | — | — |
| 2023 | 145,019,000,000 | 5 | 8.3% | 4,498,533 | −2.5% | 6 | 4.4% | 1,054,468 | +1.3% | 22 | 1.0% | 0.98 | — | — | — |
| 2022 | 145,019,000,000 | 5 | 8.4% | 4,612,166 | +9.4% | 6 | 4.6% | 1,041,137 | +9.8% | 21 | 1.0% | 0.99 | — | — | — |
| 2021 | 145,019,000,000 | 5 | 8.4% | 4,215,307 | −0.03% | 6 | 4.4% | 948,473 | +11% | 23 | 0.97% | 0.92 | — | — | — |
| 2020 | — | — | — | 4,216,366 | −12.6% | 6 | 4.5% | 854,286 | −12.7% | 24 | 0.93% | 0.85 | — | — | — |
| 2019 | 147,223,000,000 | 5 | 8.8% | 4,823,265 | +2.2% | 6 | 4.8% | 979,051 | +6.8% | 23 | 0.97% | 1 | — | — | — |
| 2018 | 148,766,000,000 | 5 | 8.9% | 4,720,761 | +3.6% | 5 | 4.7% | 916,465 | −10% | 24 | 0.92% | 0.96 | 0 | 3,975,824 | −3,975,824 |
| 2017 | 142,503,000,000 | 5 | 8.7% | 4,558,890 | +0.63% | 7 | 4.6% | 1,017,949 | +18.4% | 22 | 1.0% | 1.09 | 0 | 3,914,067 | −3,914,067 |
| 2016 | 143,069,000,000 | 5 | 8.7% | 4,530,191 | +9.9% | 6 | 4.7% | 860,000 | +7.1% | 25 | 0.88% | 0.94 | 0 | 3,915,619 | −3,915,619 |
| 2015 | 144,211,000,000 | 5 | 8.7% | 4,123,104 | +20.3% | 6 | 4.3% | 803,000 | −8.6% | 26 | 0.84% | 0.9 | 0 | 2,990,370 | −2,990,370 |
| 2014 | 140,300,000,000 | 5 | 8.5% | 3,428,006 | +11.2% | 8 | 3.6% | 879,000 | +2.1% | 23 | 0.93% | 1.01 | 0 | 2,517,589 | −2,517,589 |
| 2013 | 141,350,000,000 | 5 | 8.6% | 3,081,924 | +2.3% | 8 | 3.4% | 861,000 | +9.7% | 23 | 0.93% | 1.02 | 0 | 2,363,305 | −2,363,305 |
| 2012 | 143,100,000,000 | 5 | 9.4% | 3,014,009 | +13.2% | 8 | 3.3% | 785,000 | +23.5% | 25 | 0.86% | 0.98 | 0 | 2,414,077 | −2,414,077 |
| 2011 | 115,000,000,000 | 5 | 7.8% | 2,661,644 | +9.3% | 12 | 3.0% | 635,739 | +5.4% | 30 | 0.71% | 0.83 | 0 | 2,163,258 | −2,163,258 |
| 2010 | 115,000,000,000 | 4 | 8.5% | 2,434,746 | +1.5% | 13 | 2.8% | 603,217 | +3% | 29 | 0.68% | 0.82 | 0 | 1,890,430 | −1,890,430 |
| 2009 | 115,000,000,000 | 4 | 8.6% | 2,399,743 | +0.63% | 12 | 2.8% | 585,915 | +21.5% | 31 | 0.68% | 0.82 | 0 | 1,901,970 | −1,901,970 |
| 2008 | 115,000,000,000 | 4 | 8.7% | 2,384,721 | +12.9% | 13 | 2.7% | 482,340 | +12.4% | 32 | 0.56% | 0.7 | 0 | 1,835,364 | −1,835,364 |
| 2007 | 115,000,000,000 | 4 | 8.7% | 2,112,819 | +10% | 13 | 2.5% | 429,067 | −7.7% | 33 | 0.49% | 0.63 | 0 | 1,636,822 | −1,636,822 |
| 2006 | 115,000,000,000 | 4 | 8.9% | 1,920,865 | +4.8% | 13 | 2.3% | 464,935 | −4.9% | 32 | 0.54% | 0.68 | 0 | 1,487,842 | −1,487,842 |
| 2005 | 115,000,000,000 | 4 | 9.0% | 1,833,228 | −8.7% | 15 | 2.2% | 489,079 | +6% | 31 | 0.58% | 0.72 | 0 | 1,420,313 | −1,420,313 |
| 2004 | 115,000,000,000 | 4 | 9.1% | 2,006,952 | +50.7% | 14 | 2.4% | 461,200 | +20.9% | 31 | 0.55% | 0.7 | 0 | 1,477,979 | −1,477,979 |
| 2003 | 112,500,000,000 | 3 | 9.3% | 1,332,132 | −34.3% | 17 | 1.7% | 381,592 | −17.7% | 33 | 0.48% | 0.6 | 0 | 907,311 | −907,311 |
| 2002 | 112,500,000,000 | 2 | 10.9% | 2,029,097 | −14.6% | 13 | 2.7% | 463,527 | +3.3% | 31 | 0.59% | 0.75 | 0 | 1,515,694 | −1,515,694 |
| 2001 | 112,500,000,000 | 2 | 10.9% | 2,375,944 | −7.8% | 12 | 3.1% | 448,936 | +3.7% | 31 | 0.58% | 0.75 | 0 | 1,845,795 | −1,845,795 |
| 2000 | 112,500,000,000 | 2 | 11.0% | 2,578,312 | +1.8% | 12 | 3.4% | 432,932 | −4% | 30 | 0.56% | 0.74 | 0 | 2,051,783 | −2,051,783 |
| 1999 | 112,500,000,000 | 2 | 10.9% | 2,533,108 | +19.2% | 12 | 3.4% | 451,000 | +0.89% | 30 | 0.60% | 0.8 | 0 | 2,077,302 | −2,077,302 |
| 1998 | 113,000,000,000 | 2 | 11.0% | 2,124,273 | +83.3% | 13 | 2.8% | 447,000 | +0.86% | 30 | 0.61% | 0.82 | 0 | 1,563,275 | −1,563,275 |
| 1997 | 112,000,000,000 | 2 | 11.0% | 1,158,851 | +101.2% | 17 | 1.6% | 443,200 | −5.5% | 29 | 0.61% | 0.84 | 0 | 746,600 | −746,600 |
| 1996 | 100,000,000,000 | 2 | 10.5% | 576,111 | +4.8% | 27 | 0.80% | 469,000 | −1.1% | 27 | 0.65% | 0.92 | 0 | 88,100 | −88,100 |
| 1995 | 100,000,000,000 | 2 | 10.6% | 549,900 | +4.6% | 27 | 0.78% | 474,000 | +3.7% | 27 | 0.68% | 0.96 | 0 | 63,500 | −63,500 |
| 1994 | 100,000,000,000 | 2 | 10.6% | 525,673 | +9.8% | 25 | 0.76% | 457,100 | +12% | 27 | 0.67% | 0.95 | 0 | 60,000 | −60,000 |
| 1993 | 100,000,000,000 | 2 | 10.6% | 478,900 | +10.9% | 27 | 0.72% | 408,000 | +19.7% | 29 | 0.61% | 0.89 | 0 | 59,200 | −59,200 |
| 1992 | 100,000,000,000 | 2 | 10.7% | 431,694 | +41.5% | 29 | 0.65% | 340,800 | +29.4% | 33 | 0.51% | 0.78 | 0 | 60,700 | −60,700 |
| 1991 | 100,000,000,000 | 2 | 10.0% | 305,107 | −85.2% | 26 | 0.46% | 263,300 | −34.2% | 35 | 0.39% | 0.62 | 0 | 39,000 | −39,000 |
| 1990 | 100,000,000,000 | 2 | 10.0% | 2,060,216 | −29.7% | 9 | 3.1% | 400,000 | +14% | 24 | 0.60% | 0.96 | 0 | 1,596,000 | −1,596,000 |
| 1989 | 100,000,000,000 | 2 | 11.0% | 2,932,148 | +7.6% | 3 | 4.5% | 351,000 | +9.7% | 24 | 0.53% | 0.85 | 0 | 2,260,000 | −2,260,000 |
| 1988 | 100,000,000,000 | 2 | 11.2% | 2,723,959 | +29.2% | 5 | 4.2% | 320,000 | +12.2% | 28 | 0.49% | 0.79 | 0 | 2,095,000 | −2,095,000 |
| 1987 | 47,000,000,000 | 5 | 6.7% | 2,108,795 | +23.2% | 7 | 3.4% | 285,300 | +2.3% | 28 | 0.45% | 0.73 | 0 | 1,717,000 | −1,717,000 |
| 1986 | 44,000,000,000 | 5 | 6.3% | 1,712,055 | +17.6% | 9 | 2.8% | 279,000 | +8.1% | 29 | 0.45% | 0.73 | 0 | 1,343,578 | −1,343,578 |
| 1985 | 45,000,000,000 | 5 | 6.4% | 1,456,151 | +21.7% | 11 | 2.5% | 258,000 | +7.5% | 30 | 0.43% | 0.69 | 0 | 1,058,637 | −1,058,637 |
| 1984 | 43,000,000,000 | 5 | 6.4% | 1,196,694 | +19.1% | 12 | 2.0% | 240,000 | −4% | 30 | 0.40% | 0.66 | 0 | 843,906 | −843,906 |
| 1983 | 41,000,000,000 | 5 | 6.2% | 1,005,068 | −0.69% | 14 | 1.7% | 250,000 | +22% | 30 | 0.42% | 0.71 | 0 | 686,046 | −686,046 |
| 1982 | 30,000,000,000 | 7 | 4.5% | 1,012,101 | +1.2% | 13 | 1.7% | 205,000 | −4.2% | 39 | 0.34% | 0.6 | 0 | 819,348 | −819,348 |
| 1981 | 30,000,000,000 | 7 | 4.6% | 999,901 | −60.2% | 15 | 1.7% | 214,000 | −1.4% | 36 | 0.35% | 0.64 | 0 | 787,052 | −787,052 |
| 1980 | 31,000,000,000 | 4 | 4.8% | 2,514,232 | −27.7% | 3 | 3.9% | 217,000 | — | 37 | 0.34% | 0.67 | 0 | 2,467,930 | −2,467,930 |
| 1979 | — | — | — | 3,477,025 | +35.7% | 3 | 6.1% | — | — | — | — | — | — | — | — |
| 1978 | — | — | — | 2,563,011 | +9.2% | 4 | 4.7% | — | — | — | — | — | — | — | — |
| 1977 | — | — | — | 2,347,882 | −2.8% | 4 | 4.4% | — | — | — | — | — | — | — | — |
| 1976 | — | — | — | 2,414,986 | +6.8% | 4 | 4.7% | — | — | — | — | — | — | — | — |
| 1975 | — | — | — | 2,261,981 | +14.8% | 5 | 4.8% | — | — | — | — | — | — | — | — |
| 1974 | — | — | — | 1,971,008 | −2.3% | 7 | 3.9% | — | — | — | — | — | — | — | — |
| 1973 | — | — | — | 2,017,822 | — | 8 | 4.0% | — | — | — | — | — | — | — | — |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal