Two-way investment brief
Australia–Iraq
Iraq direct investment in Australia
—
Total Iraq investment in Australia
—
Australian direct investment in Iraq
—
Total Australian investment in Iraq
—
Trend
Direct investment in both directions
- Iraq in Australia
- Australia in Iraq
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
- Direct investment
- Portfolio investment
- Other investment
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Net transactions during the year; negative = net disinvestment
- Iraq → Australia
- Australia → Iraq
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Trade relationship
Australia–Iraq trade
Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.
Two-way trade, 2025
A$236 m
Goods exports to Iraq, 2025
A$234 m
Goods imports from Iraq, 2025
A$2 m
Services trade, 2025
A$0 k
Calendar years, A$ (ABS merchandise trade)
- Exports to Iraq
- Imports from Iraq
Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.
Calendar years, A$ (ABS international trade in services by country)
- Exports to Iraq
- Imports from Iraq
Source: ABS, International Trade in Services by Country, calendar years.
Economic outlook
Iraq’s economy
| IMF World Economic Outlook | 2024 | 2025 | 2026forecast | 2027forecast | 2028forecast |
|---|---|---|---|---|---|
| Real GDP growth | 0.1% | −0.4% | −6.8% | 11.3% | 3.5% |
| Inflation | 2.6% | 0.3% | 3.0% | 3.3% | 3.3% |
| Current account, % GDP | −2.1% | −1.7% | −5.3% | 0.2% | −1.8% |
| Fiscal balance, % GDP | −3.5% | −6.4% | −7.9% | −2.7% | −4.4% |
| Government gross debt, % GDP | 45.2% | 53.9% | 61.7% | 58.7% | 60.9% |
Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).
2025 at a glance
- New FDI from Iraq
- —
- New Australian FDI in Iraq
- —
- Direct investment income paid to investors
- —
- Direct investment income earned by Australians
- —
Iraq globally (World Bank)
- FDI outflows, 2024
- $439 m · 62nd
- FDI inflows, 2024
- −$7.6 bn
- GDP, 2025
- $254 bn
- Region · income
- Middle East & North Africa · Upper-middle income
Regulatory openness (OECD FDIRRI)
OECD index data loading — see FDI openness
Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.