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Fuel Prices Iraq
Part of: GIZ International Fuel Price database
Also see: Iraq Energy Situation
Fuel Pricing Policies
| Local Currency: | IDR |
| Exchange Rate: | 1158.7
|
| Last Update: |
"Pricing policy: Government initiated administered official price adjustments at the end of 2005. Direct budgetary subsidies for imported fuels (except kerosene) were eliminated in 2007. Indirect subsidies for domestic crude/products were reduced from 10.5% of GDP in 2006 to 1.5% in 2009, but remain (source IMF).
Consequences of subsidies: Large differences between black market and official prices persist."
(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
Fuel Prices and Trends
| Gasoline 95 Octane | Diesel | |
|---|---|---|
| in USD* |
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| in Local Currency |
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* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil
(** Prices from Erbil.)
Fuel Price Composition
Price composition.
No information available.
At a Glance
| Regulation-Price-Matrix |
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| No information available. | 
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Unknown. | ||
Sources to the Public
Contact
Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices
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