Corporate Finance - Iraq

Iraq

The revenue in the Corporate Finance market is projected to reach US$0.76bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 2.26% resulting in a projected total amount of US$0.85bn by 2029.
The average transaction value in the Corporate Finance market amounts to US$86.47m in 2024.
From a global comparison perspective, it is shown that the highest revenue is reached in the United States (US$130.10bn in 2024).

Market

Region

Region comparison

Currency

Analyst Opinion

The Corporate Finance market in Iraq is experiencing significant growth and development.

Customer preferences: Iraqi businesses are increasingly turning to corporate finance solutions to fund their expansion plans and optimize their capital structure. With a growing awareness of the benefits of specialized financial services, companies in Iraq are seeking tailored solutions to meet their unique financing needs.

Trends in the market: One notable trend in the Corporate Finance market in Iraq is the rising demand for Islamic finance products. As a predominantly Muslim country, Iraq has seen a surge in Sharia-compliant financial services, including Islamic bonds and financing structures. This trend reflects the cultural and religious preferences of the local population and indicates a shift towards more ethical and inclusive financial practices.

Local special circumstances: The geopolitical situation in Iraq has a significant impact on the Corporate Finance market. The country's history of conflict and instability has created a challenging business environment, leading to a greater reliance on external financing sources. Despite these challenges, Iraqi businesses are increasingly looking to diversify their funding options and explore new avenues for growth.

Underlying macroeconomic factors: The economic diversification efforts in Iraq are driving the development of the Corporate Finance market. As the country seeks to reduce its dependence on oil revenues and promote non-oil sectors, there is a growing need for innovative financial solutions to support emerging industries. This shift towards a more diversified economy is creating opportunities for financial institutions to offer a wider range of corporate finance services tailored to the evolving needs of Iraqi businesses.

Methodology

Data coverage:

Figures are based on the revenue generated by the Investment Banking market, as well as the transaction value, the number of transactions, and the average transactions size of the Mergers and Acquisitions (M&As) and Initial Public Offerings (IPOs) markets.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach and are based on a specific rationale for each market. As a basis for evaluating markets, we use market research and analysis, as well as data from annual financial reports. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus, such as GDP, wealth per capita, and total investment (% of GDP). This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita and total investment (% of GDP).

Additional Notes:

The market is updated twice per year in the event that market dynamics change.