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
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Last Update: |
"Government initiated administered official price adjustments at the end of 2005. Large differences between black market and official prices remain. 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: 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 | |
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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. | 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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