The 1994–95 Iraqi National Clubs First Division League was the 21st season of the competition since its foundation in 1974. The league title was won by Al-Zawraa for the second time in a row, and they also won the Iraq FA Cup for the third consecutive time. Half of the league's competing teams were relegated in order to result in a 12-team league for the next campaign. In this season, three points were given for a win instead of two points, and four points were given for a win by three goals or more.