Indicators of government debt is of extreme importanse in economic activity through knowledge of the economic impact of government debt, if the phenomenon is accepted or prepared to dangerous stage by stage, and there fore it can Through these indicators to measure the degree of indebtedness in relation to the economic activity of the Government on the one hand, the governments  ability to repay  the other hand.

      Due to this it inferred that the degree of indebtedness in Iraq  specificratio has exceed 60% during the period 1990 – 2002 ntejh lack of political and economic stability of the government, which led to the governments  inability to repay the marl her disposal of debt  in addition to how bad the Governments debt management in this control  indices.

      This research finds that the continuation of government debt increased with the Gaovernments inability to repay those debts as a result of Mamr by the Iraq war economic blockade and stop oil  exports will lead to the accumulation of the debt and thus in Crease the burden of the government budget which leaves negative effects are reflected on investment exports and imports as aresult of the weakness of capital accumulation as  well as the weakness as the economic sectors and  while the Iraqi economy has seen asighificant  improvement after the events of 2003 as aresult of changed economic and political due to the increase in oil exports  from  the face and the increase in  oil prices on the other hand, any increase in foreign exchange ratio derived from such exports by which the payment of Government  debt burden, which led to an improvement in both the government debt indicators and then leave appositive effects on both investment and exports and imports.