The Impact of Investment in The Iraqi Stock Exchange on The Level of Expansion of The Economy: An Analytical Study of The Iraqi Stock Exchange for The Period (2009-2023)

The study aimed to demonstrate the impact of investment in the Iraqi Stock Exchange on expansion of the economy. Markets Contribute substantially to Advancemental role in the country's overall economy, attracting foreign investment, which constitutes another dimension that can used to strengthen the economy. To demonstrate this impact on the Iraqi economy, the study used indicators such as Volume of shares traded and the trading volume to represent investment. It also used the size of the gross domestic product (GDP) to represent expansion of the economy for the period (2009-2023). Through financial and statistical analysis, Evidence suggests that there is no significant impact of investment in the Iraqi Stock Exchange (Volume of shares traded and the trading volume index). The study recommended that, since investmentin market did not have a significant impact on expansion of the economy, it is necessary to work on improving market efficiency and increasing liquidity by introducing new financial instruments such as government bonds. It also recommended encouraging financial institutions and banks to enter the financial market by offering new investment products that support individual and corporate participationin market.