Crude Oil Production in Iraq increased to 4043 BBL/D/1K in November from 3782 BBL/D/1K in October of 2024. Crude Oil Production in Iraq averaged 2352.38 BBL/D/1K from 1973 until 2024, reaching an all time high of 4830.00 BBL/D/1K in December of 2016 and a record low of 0.00 BBL/D/1K in February of 1991. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Iraq is expected to be 3820.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iraq Crude Oil Production is projected to trend around 4000.00 BBL/D/1K in 2025 and 4250.00 BBL/D/1K in 2026, according to our econometric models.




Related Last Previous Unit Reference
Balance of Trade 8036.50 11272.10 USD Million Sep 2024
Crude Oil Production 4043.00 3782.00 BBL/D/1K Nov 2024
Current Account 4376.40 9530.10 USD Million Sep 2024
Current Account to GDP -1.90 17.25 percent of GDP Dec 2023
Exports 26488.90 25972.90 USD Million Sep 2024
Exports by Category
Exports by Country
Gold Reserves 151.60 145.66 Tonnes Jun 2024
Imports 18452.40 14700.80 USD Million Sep 2024
Imports by Category
Imports by Country
Oil Exports 25868.10 25279.40 USD Million Sep 2024
Terrorism Index 7.08 8.14 Points Dec 2023

Iraq Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
4043.00 3782.00 4830.00 0.00 1973 - 2024 BBL/D/1K Monthly
NSA