Adjusted savings: natural resources depletion in Iraq
Iraq: Adjusted savings: natural resources depletion was 11.5% in 2021. ◆ Volatile
Adjusted savings: natural resources depletion in Iraq, 1980–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: natural resources depletion in Iraq is 11.5%, measured in 2021.
That represents a change of up 57.7% on the previous year and up 3.5% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Iraq peaked at 30.3% in 1980 and was at its lowest, 1.3%, in 1995.
That places Iraq 24th out of 184 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: natural resources depletion in Iraq, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1980 | 30.3% | — |
| 1981 | 8.5% | -71.8% |
| 1982 | 6.6% | -23.0% |
| 1983 | 5.0% | -24.5% |
| 1984 | 5.7% | +14.8% |
| 1985 | 7.3% | +28.2% |
| 1986 | 5.1% | -30.5% |
| 1987 | 7.9% | +56.4% |
| 1988 | 5.1% | -35.6% |
| 1989 | 7.8% | +52.9% |
| 1990 | 1.8% | -76.4% |
| 1994 | 3.6% | +96.2% |
| 1995 | 1.3% | -64.9% |
| 1996 | 2.1% | +62.4% |
| 1997 | 3.2% | +55.5% |
| 1998 | 6.8% | +111.0% |
| 1999 | 7.9% | +16.6% |
| 2000 | 10.6% | +34.0% |
| 2001 | 10.0% | -5.5% |
| 2002 | 8.2% | -18.4% |
| 2003 | 5.9% | -27.6% |
| 2004 | 10.8% | +82.6% |
| 2005 | 11.2% | +3.4% |
| 2006 | 11.2% | -0.3% |
| 2007 | 9.5% | -14.9% |
| 2008 | 10.6% | +12.0% |
| 2009 | 7.5% | -29.1% |
| 2010 | 8.6% | +14.3% |
| 2011 | 11.2% | +29.7% |
| 2012 | 9.9% | -11.3% |
| 2013 | 9.4% | -4.9% |
| 2014 | 10.7% | +14.0% |
| 2015 | 9.9% | -7.3% |
| 2016 | 9.7% | -2.7% |
| 2017 | 11.5% | +18.4% |
| 2018 | 13.4% | +16.8% |
| 2019 | 12.1% | -9.8% |
| 2020 | 7.3% | -39.3% |
| 2021 | 11.5% | +57.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.9% | 5.0% | 30.3% | 10 |
| 1990s | 3.8% | 1.3% | 7.9% | 7 |
| 2000s | 9.6% | 5.9% | 11.2% | 10 |
| 2010s | 10.6% | 8.6% | 13.4% | 10 |
| 2020s | 9.4% | 7.3% | 11.5% | 2 |
Countries ranked near Iraq
More economy & growth data for Iraq
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.44 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.56 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 438.70 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0016 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 9.53 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -7.65 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -42.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0274 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita -166.13 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -10.28 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Iraq?
- Adjusted savings: natural resources depletion in Iraq was 11.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Iraq?
- The highest recorded value was 30.3% in 1980.
- What is the lowest adjusted savings: natural resources depletion recorded in Iraq?
- The lowest recorded value was 1.3% in 1995.
- How does Iraq rank for adjusted savings: natural resources depletion?
- Iraq ranks 24th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Iraq?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is volatile.
- Where does this Iraq data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.