Source: International Monetary Fund
The observation values for the 2015 and 2016 annual periods are forecasted values from the IMF staff. The forecasts reflect data available through early September 2015. In making their predictions, the staff has assumed that (i) established policies of national authorities will be maintained, (ii) the price of oil will average US$51.6 per barrel in 2015 and US$50.4 in 2016, and (ii) the 6-month London interbank offered rate (LIBOR) on U.S. dollar deposits will average 0.4 percent in 2015 and 1.2 percent in 2016.
International Monetary Fund, Crude Oil Exports for Iraq [IRQNXGOCMBD], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IRQNXGOCMBD, August 17, 2019.