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How much money does Iraq have?

Charlotte Lee | 2023-06-13 10:23:27 | page views：1438
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Zoe Taylor

Studied at the University of Bristol, Lives in Bristol, UK.
Oil in the ground is better than money in the bank. Iraq can sell 2 billion barrels per year that for $200 billion at $100 per barrel. That amounts to $8000 per capita income. Selling one quarter of its potential reserves at $100 for the next 20 years will generate 90 billion x $100 = $9 trillion.
2023-06-21 10:23:27
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Ryan Gonzalez

QuesHub.com delivers expert answers and knowledge to you.
Oil in the ground is better than money in the bank. Iraq can sell 2 billion barrels per year that for $200 billion at $100 per barrel. That amounts to $8000 per capita income. Selling one quarter of its potential reserves at $100 for the next 20 years will generate 90 billion x $100 = $9 trillion.
Iraq Oil Wealth
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