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In page Iran–Iraq War:

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The economic loss at the time was believed to exceed $500 billion for each country ($1.2 trillion total).[1][2] In addition, economic development stalled and oil exports were disrupted. Iraq had accrued more than $130 billion of international debt, excluding interest, and was also weighed down by a slowed GDP growth. Iraq's debt to the Paris Club amounted to $21 billion, 85% of which had originated from the combined inputs of Japan, the USSR, France, Germany, the United States, Italy and the United Kingdom. The largest portion of Iraq's debt, amounting to $130 billion, was to its former Arab backers, with $67 billion loaned by Kuwait, Saudi Arabia, Qatar, UAE, and Jordan.[citation needed]