Country Profile: Iraq

Tax to GDP ratio: 1.34 %

Aviation: No information available

Financial Transactions Tax (FTT): No tax in place

Oil & Gas Revenues:

  • Total government revenue from oil & gas in 2022: $0.6 billion
  • Share of oil & gas activity covered: 47.1%

Source: PBPR

These figures represent an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.

Carbon Pricing: No carbon pricing instrument in place

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