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Iraq Facts and Figures
Iraq Facts and Figures
Regi
on
Members
hip
Years[8]
Populati
on
(2015 est.)
Area
(km)[10]
[9]
Oil
Producti
on
(bbl/day,
2015)[A][4]
Proven
Reserves
(bbl, 2015)[A][5]
[11]
Algeria
Africa
1969
39,542,166
2,381,740
1,370,000
12,200,000,00
0
Angola
Africa
2007
19,625,353
1,246,700
1,842,000
9,010,000,000
Ecuado
South
19731992,
America 2007
15,868,396
283,560
543,000
8,830,000,000
Gabon
Africa
19751994,
2016
1,705,336
267,667
213,000
2,000,000,000
Indone
Southe
ast Asia
19622008,
2016
255,993,67
4
1,904,569
786,000
3,690,000,000
Iran
Middle
East
1960[B]
81,824,270
1,648,000
3,300,000
157,800,000,0
00
Iraq
Middle
East
1960[B]
37,056,169
437,072
4,054,000
144,200,000,0
00
Kuwait
Middle
East
1960[B]
2,788,534
17,820
2,562,000
104,000,000,0
00
Libya
Africa
1962
6,411,776
1,759,540
404,000
48,360,000,00
0
Nigeria
Africa
1971
181,562,05
6
923,768
2,317,000
37,070,000,00
0
Qatar
Middle
East
1961
2,194,817
11,437
1,532,000
25,240,000,00
0
sia
Members
hip
Years[8]
Regi
on
Country
Populati
on
(2015 est.)
Area
(km)[10]
[9]
Oil
Producti
on
(bbl/day,
2015)[A][4]
Proven
Reserves
(bbl, 2015)[A][5]
[11]
Saudi
Arabia
Middle
East
1960[B]
27,752,316
2,149,690
10,046,000
268,290,000,0
00
United
Arab
Emirates
Middle
East
1967[C]
5,779,760
83,600
2,820,000
97,800,000,00
0
South
1960[B]
America
29,275,460
912,050
2,500,000
298,350,000,0
00
OPEC Total
707,380,08
3
14,027,21
3
34,288,000
1,216,840,000,
000
World Total
7,256,490,
011
510,072,0
00
80,043,000
1,656,130,000,
000
OPEC Percent
10%
3%
43%
73%
Venezu
ela
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 almost 37 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
dtat ended the monarchy, making Iraq a republic.
Apart from petroleum, Iraqs 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.
Iraqs President is HE Fuad Masum. 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.
36.932
438
84
4,588
169,46
0
54,667
54,394
-134
142,50
3
3,158.0
3,504.1
1,001.9
m.)
Refinery capacity (1,000 b/cd)
900.0
444.7
685.9
3,004.9
13.7
Failaka Island is considered the most beautiful of Kuwaits islands. Its history dates back to the early
Stone Age.
In 1938, the Kuwait Oil Company drilled the countrys first commercial oil well in the Al Burqan oilfield.
The commercial export of crude oil began in 1946.
Below data covers 2015
Population (million inhabitants)
Land area (1,000 sq km)
Population density (inhabitants per sq km)
GDP per capita ($)
GDP at market prices (million $)
4.239
18
238
28,469
120,682
54,959
48,782
14,140
101,500
1,784.0
2,858.7
16,909.0
936.0
1,013.2
345.7
1,963.8
739.4
Saudi Arabia is home to the worlds largest continuous sand desert the Rub Al-Khali, or Empty
Quarter.
Oil was first struck in Saudi Arabia in March 1938, at a depth of 1,440 metres in the Dammam oilfield.
Below data covers 2015
Population (million inhabitants)
Land area (1,000 sq km)
Population density (inhabitants per sq km)
31.016
2,150
14
21,061
653,219
205,447
157,962
-41,307
266,455
8,588.2
10,192.6
104,450.0
2,907.0
2,480.5
3,318.7
7,163.3
1,154.7
Jan
Jan
Feb
Feb
Mar
Mar
Apr
Apr
May
May
Jun
Jun
Jul
Jul
Aug
Aug
Sep
Sep
Oct
Oct
Nov
Nov
Dec
Dec
1920
1921
1922
1923
1924
1,097
1,230
1,410
1,694
1,848
1,145
1,269
1,476
1,735
1,927
1,167
1,326
1,522
1,838
1,940
1,165
1,341
1,506
1,967
1,994
1,181
1,361
1,516
2,012
1,995
1,222
1,352
1,536
2,095
1,986
1,218
1,305
1,520
2,127
1,998
1,255
1,326
1,518
2,143
2,013
1,251
1,225
1,527
2,177
2,013
1,277
1,156
1,562
2,178
1,951
1,287
1,270
1,601
2,180
1,893
1,257
1,360
1,634
1,921
1,853
1925
1926
1927
1928
1929
1,736
1,935
2,315
2,348
2,647
1,735
1,960
2,433
2,364
2,695
1,729
1,964
2,436
2,404
2,660
1,730
2,012
2,438
2,413
2,680
1,722
2,027
2,479
2,428
2,726
1,731
2,060
2,510
2,423
2,780
1,682
2,102
2,541
2,438
2,945
1,684
2,162
2,542
2,510
2,973
1,719
2,193
2,530
2,549
2,915
1,670
2,247
2,501
2,573
2,853
1,664
2,330
2,483
2,537
2,625
1,601
2,343
2,418
2,564
2,610
1930
1931
1932
1933
1934
2,569
2,121
2,162
2,102
2,323
2,653
2,162
2,156
2,188
2,335
2,523
2,240
2,176
2,425
2,433
2,583
2,429
2,264
2,190
2,522
2,598
2,478
2,221
2,795
2,580
2,569
2,500
2,171
2,813
2,655
2,481
2,523
2,150
2,752
2,624
2,414
2,194
2,147
2,758
2,552
2,374
2,146
2,184
2,611
2,525
2,351
2,364
2,116
2,454
2,471
2,265
2,449
2,121
2,332
2,413
2,160
2,365
1,880
2,328
2,413
1935
1936
1937
1938
2,539
2,865
3,180
3,420
2,599
2,832
3,328
3,381
2,629
2,922
3,443
3,436
2,614
3,016
3,499
3,423
2,660
3,024
3,578
3,183
2,745
3,006
3,527
3,143
2,758
2,970
3,572
3,319
2,736
3,067
3,713
3,425
2,804
3,032
3,666
3,289
2,844
3,090
3,578
3,285
2,883
3,034
3,474
3,286
2,862
3,150
3,438
3,300
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1939
3,306
3,338
3,444
3,517
3,566
3,487
3,579
2,609
3,606
3,684
3,730
3,704
1940
1941
1942
1943
1944
3,782
3,569
4,137
3,786
4,377
3,738
3,600
4,070
3,875
4,443
3,921
3,639
3,693
3,924
4,413
3,967
3,703
3,502
3,970
4,453
3,995
3,773
3,555
3,999
4,554
3,977
3,834
3,620
4,004
4,575
4,113
3,815
3,606
4,117
4,563
4,214
3,915
3,885
4,219
4,691
4,347
3,982
3,860
4,352
4,766
4,403
4,069
3,881
4,414
4,739
4,455
4,112
3,870
4,461
4,749
4,360
4,138
3,888
4,364
4,688
1945
1946
1947
1948
1949
4,756
4,625
4,672
5,293
5,388
4,767
4,719
4,811
5,365
5,382
4,804
4,414
4,909
5,415
5,239
4,807
4,673
4,980
5,491
5,011
4,877
4,785
5,034
5,507
4,976
4,859
4,896
5,102
5,548
4,909
4,897
4,922
5,141
5,528
4,695
4,877
4,836
5,176
5,581
4,786
4,423
4,790
5,256
5,441
4,943
4,284
4,785
5,324
5,644
5,015
4,517
4,822
5,290
5,693
5,217
4,472
4,725
5,340
5,722
5,027
1950
1951
1952
1953
1954
4,933
5,917
6,221
6,555
6,240
4,969
5,934
6,373
6,542
6,380
4,881
6,057
6,359
6,517
6,508
4,972
6,129
6,431
6,398
6,617
5,147
6,181
5,089
6,391
6,472
5,377
6,135
6,190
6,588
6,499
5,486
6,149
6,096
6,604
6,261
5,684
6,243
6,218
6,596
6,142
5,890
6,267
6,520
6,552
6,144
5,904
6,392
6,503
6,249
6,120
5,893
6,283
6,461
6,271
6,346
5,725
6,193
6,642
6,237
6,391
1955
1956
1957
1958
1959
6,761
7,198
7,472
6,880
7,223
6,834
7,210
7,677
6,820
7,194
6,886
7,279
7,693
6,277
7,188
6,889
7,147
7,546
6,300
7,256
6,680
7,063
7,434
6,232
7,220
6,595
7,100
7,110
6,339
7,083
6,633
7,089
6,864
6,571
6,784
6,665
7,195
6,779
6,936
6,766
6,735
7,053
6,893
7,088
6,857
6,834
6,954
6,840
6,964
6,911
7,015
7,148
6,842
6,975
6,982
7,157
7,377
6,924
7,138
7,193
1960
1961
1962
1963
1964
7,230
7,210
7,347
7,304
7,624
7,241
7,296
7,467
7,587
7,688
7,128
7,471
7,376
7,558
7,712
7,038
7,328
7,391
7,609
7,739
6,848
7,147
7,193
7,564
7,572
6,939
7,103
7,257
7,562
7,560
6,860
6,958
7,226
7,585
7,473
6,940
7,104
7,234
7,640
7,449
6,971
6,995
7,320
7,507
7,532
6,958
7,127
7,367
7,536
7,623
7,133
7,152
7,441
7,544
7,634
7,150
7,311
7,381
7,511
7,770
1965
1966
1967
1968
1969
7,773
8,047
8,567
9,028
8,888
7,808
8,240
8,620
9,325
8,928
7,863
8,294
8,544
9,319
9,055
7,895
8,272
8,475
9,123
9,238
7,686
8,344
8,385
9,205
9,356
7,748
8,346
8,539
9,144
9,631
7,665
8,230
9,154
9,156
9,295
7,748
8,252
9,435
9,134
9,067
7,418
8,254
9,095
8,932
9,295
7,875
8,323
9,000
8,916
9,213
7,988
8,427
8,978
8,969
9,346
8,180
8,511
8,908
8,906
9,528
1970
1971
1972
1973
1974
9,478
9,655
9,114
9,176
8,934
9,570
9,729
9,336
9,395
9,142
9,508
9,768
9,462
9,272
8,965
9,591
9,769
9,513
9,292
8,954
9,523
9,645
9,614
9,262
8,911
9,359
9,604
9,522
9,214
8,780
9,202
9,456
9,496
9,217
8,780
9,560
9,411
9,483
9,169
8,699
9,853
9,135
9,508
9,065
8,443
10,013
9,162
9,482
9,224
8,611
10,044
9,139
9,426
9,161
8,569
9,944
9,100
9,335
9,063
8,527
1975
1976
1977
1978
1979
8,455
8,232
7,854
8,360
8,475
8,591
8,231
8,139
8,377
8,525
8,493
8,232
8,090
8,720
8,601
8,457
8,077
8,145
8,818
8,553
8,379
8,125
8,075
8,825
8,601
8,421
8,094
8,102
8,832
8,432
8,336
8,127
8,105
8,756
8,364
8,249
8,111
8,307
8,758
8,548
8,280
8,150
8,480
8,800
8,523
8,324
8,063
8,573
8,820
8,621
8,278
8,080
8,579
8,741
8,761
8,254
8,061
8,487
8,662
8,615
1980
1981
1982
1983
1984
8,675
8,540
8,509
8,697
8,868
8,705
8,604
8,702
8,758
8,874
8,698
8,613
8,667
8,700
8,672
8,685
8,557
8,591
8,776
8,862
8,635
8,501
8,683
8,631
8,955
8,554
8,629
8,646
8,667
8,852
8,547
8,500
8,658
8,636
8,885
8,414
8,583
8,634
8,679
8,809
8,619
8,604
8,701
8,784
8,993
8,532
8,563
8,701
8,771
8,906
8,495
8,586
8,697
8,770
8,979
8,606
8,585
8,598
8,397
8,897
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1985
1986
1987
1988
1989
8,740
9,137
8,480
8,250
7,937
9,025
9,173
8,389
8,374
7,788
9,095
9,013
8,464
8,374
7,575
9,043
8,864
8,498
8,288
7,772
9,132
8,838
8,336
8,229
7,816
9,022
8,623
8,279
8,170
7,624
8,949
8,660
8,251
8,040
7,444
8,803
8,374
8,210
8,079
7,544
8,954
8,328
8,205
7,895
7,548
8,970
8,419
8,364
8,023
7,453
8,902
8,412
8,397
8,023
7,536
9,030
8,352
8,318
7,942
7,337
1990
1991
1992
1993
1994
7,546
7,500
7,361
6,961
6,817
7,497
7,637
7,389
6,943
6,770
7,433
7,546
7,348
6,974
6,746
7,407
7,509
7,293
6,881
6,612
7,328
7,409
7,169
6,847
6,688
7,106
7,320
7,167
6,795
6,611
7,173
7,347
7,131
6,688
6,501
7,287
7,316
6,922
6,758
6,544
7,224
7,368
7,030
6,712
6,609
7,542
7,437
7,126
6,839
6,658
7,387
7,328
7,024
6,912
6,628
7,338
7,299
7,103
6,858
6,760
1995
1996
1997
1998
1999
6,682
6,495
6,402
6,541
5,963
6,794
6,577
6,514
6,476
5,966
6,600
6,571
6,452
6,408
5,883
6,604
6,444
6,441
6,483
5,887
6,629
6,394
6,474
6,347
5,875
6,579
6,458
6,442
6,267
5,760
6,449
6,338
6,409
6,194
5,798
6,447
6,360
6,347
6,203
5,780
6,416
6,482
6,486
5,789
5,804
6,421
6,481
6,467
6,143
5,947
6,585
6,476
6,459
6,140
5,960
6,530
6,506
6,531
6,043
5,959
2000
2001
2002
2003
2004
5,784
5,799
5,873
5,755
5,585
5,852
5,780
5,881
5,783
5,572
5,918
5,880
5,886
5,803
5,617
5,854
5,863
5,844
5,726
5,560
5,847
5,829
5,905
5,663
5,556
5,823
5,766
5,884
5,659
5,407
5,739
5,749
5,751
5,498
5,484
5,789
5,725
5,796
5,574
5,325
5,758
5,709
5,411
5,609
5,081
5,809
5,746
5,358
5,614
5,170
5,833
5,881
5,624
5,547
5,423
5,855
5,887
5,722
5,571
5,510
2005
2006
2007
2008
2009
5,446
5,049
5,105
5,114
5,143
5,501
5,033
5,118
5,148
5,245
5,601
5,028
5,120
5,193
5,217
5,563
5,083
5,184
5,157
5,286
5,596
5,151
5,205
5,147
5,384
5,442
5,164
5,073
5,137
5,274
5,253
5,095
5,037
5,179
5,400
5,198
5,041
4,985
5,008
5,374
4,214
5,030
4,902
3,980
5,562
4,555
5,109
5,054
4,740
5,517
4,857
5,065
5,036
5,087
5,387
4,988
5,187
5,109
5,113
5,453
2010
2011
2012
2013
2014
5,391
5,486
6,142
7,073
8,033
5,545
5,390
6,240
7,091
8,127
5,503
5,601
6,224
7,157
8,262
5,382
5,545
6,243
7,374
8,605
5,389
5,605
6,302
7,291
8,604
5,379
5,569
6,259
7,254
8,718
5,297
5,420
6,418
7,458
8,815
5,439
5,635
6,359
7,515
8,876
5,608
5,562
6,556
7,734
9,047
5,619
5,855
6,933
7,663
9,233
5,565
5,970
7,017
7,846
9,307
5,598
6,033
7,078
7,793
9,496
2015
9,379
9,517
9,566
9,627
9,472
9,418
9,384
9,423
9,358
9,304
9,226
2016
9,194
9,147
9,174
8,946
8,894
9,320
8,701
Production
As % of Total
United States
12.31
13.67%
Saudi Arabia
11.59
12.87%
Russia
10.53
11.70%
China
4.46
4.95%
Canada
4.07
4.52%
3.23
3.59%
Iran
3.19
3.54%
Iraq
3.06
3.40%
Mexico
2.91
3.23%
Kuwait
2.81
3.12%
Source: EIA
United States
The United States surpassed Saudi Arabia to emerge as the top oil producing country in
2013 with an average of 12.3 million bbl/d which is a whopping 13.67% of the oil
produced daily across the world. During the years 2009-2011, the U.S. was at the third
spot after Russia and Saudi Arabia, who tussled for the top spot. During 2012, the U.S.
overtook Russia to be at the second place trailing behind Saudi Arabia. Much of the
increased production can be owed to the shale formations at Texas and North Dakota
have witnessed soaring oil extraction with the use of fracking techniques. Texas and
North Dakota, California, Alaska and Oklahoma are considered the top five oil producing
states in the U.S. The share of the U.S. in the worlds total oil production is reflected in
the table below. The U.S. oil production share has gradually moved up over the years
averaging at 11.88% during 2009-2013.
source
http://www.investopedia.com/articles/active-trading/100714/worlds-top-oilproducers.asp
and the introduction of specialized pipelines helped further reduce the price of
oil. The supply and demand for oil rose additionally with the discovery of oil in
Persia (present-day Iran) in 1908 and Saudi Arabia during the 1930s and
World War I, respectively.
The use of oil in weaponry and the subsequent European
coal shortage further ratcheted demand for oil, and prices came crashing
down to $40 in today's terms. American reliance on imported oil began during
the Vietnam war and the economic boom period of the 1950s and 1960s. In
turn, this provided Arab countries and OPEC (which had been formed in 1960
to counter the hegemony of Western oil companies) with increased leverage to
influence oil prices.
A number of world events have helped OPEC maintain control over oil prices,
such as the disintegration of the Soviet Union in 1991; the resulting economic
tumult disrupted Russia's production for several years. The Asian economic
crisis had the opposite effect: It reduced demand. In both instances, OPEC
maintained a constant rate of oil production. (See also How Much Influence
Does OPEC Have On The Global Price Of Oil?)
The Future
But OPEC's monopoly over oil prices seems to be in danger of slipping.
The discovery of shale in America has helped the country achieve near-record
volumes of production. According to the Energy Information Administration,
U.S. oil production is estimated to peak at 9.7 million barrels this year. The last
time that production was this high was in 1972, when U.S. oil production
peaked at 9.6 million barrels per day.
Shale is also gaining popularity beyond American shores. For example, China
and Argentina have drilled more than 475 shale wells between them in the last
two years. Other countries, such as Poland, Algeria, Australia, and Colombia,
are also exploring the prospect of shale formations.
The Iran-U.S. nuclear deal is expected to further introduce more oil into the
market. Iran, which is not a member of OPEC, could reach 2.4 million barrels
of oil by 2016. Geopolitical tensions within the Middle East, such as the rise of
ISIS, whose leader has already called for the bombing of Saudi Arabia
(OPEC's largest oil producer), and Yemen's disintegration could also
destabilize oil supplies.
The spending habits of OPEC's Arab monarchies may also put downward
pressure on oil prices. For example, Arab monarchies, which produce the bulk
of OPEC's oil, are busy ramping up spending at home to avoid a repeat of
uprisings (such as those that occurred during the Arab Spring) in their
countries. Demand from developing economies, such as China and India, has
also skyrocketed, putting additional pressure on prices in the face of constant
production. (For more, see: Oil Price Analysis: The Impact Of Supply &
Demand.)
source
http://www.investopedia.com/articles/investing/081315/opec-vs-us-who-controlsoil-prices.asp