|GDP (2012 est.)||$236 billion (2012 est.)|
|Currency & Exchange Rate||Iraqi dinars (IQD) per US dollar 1166.2|
North Oil Company, South Oil Company, Missan Oil Company, Midland Oil Company.
Rumaila, Kirkuk, Majnoon, West Qurna, East Baghdad, Halfaya, Az Zubayr, Nahr Umr.
Residential taxation: foreigners taxed on local income; residents taxed on local and overseas income.
|Crude oil - production(bbl/day)||2,987,000|
|Crude oil - exports(bbl/day)||2,600,000|
|Crude oil - imports(bbl/day)||0|
|Crude oil - proved reserves(bbl)||141,400,000,000|
|Refined petroleum products - production(bbl/day)||492,800|
|Refined petroleum products - consumption(bbl/day)||818,000|
|Natural gas - production(cu m)||880,000,000|
|Natural gas - proved reserves(cu m)||3,158,000,000,000|
Mostly desert; mild to cool winters with dry, hot, cloudless summers; northern mountainous regions along Iranian and Turkish borders experience cold winters with occasionally heavy snows that melt in early spring, sometimes causing extensive flooding in central and southern Iraq.
Middle East, bordering the Persian Gulf, between Iran and Kuwait.
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