Includes historical data for Jordan’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.
Rising Unemployment In An Unstable Region
Nestled between Israel, Saudi Arabia, Iraq and Syria, Jordan has established itself as a stabilizing force and a champion of cooperation and trade in a turbulent region. In the face of a shortage of natural resources in areas like agriculture, energy and water, the kingdom has taken considerable steps to attract foreign investment, with tourism, real estate, and manufacturing being the primary beneficiaries of these efforts. Challenges include low labor force participation, climate-related events and the massive influx of refugees and immigrants from neighboring countries and beyond, which has put further strain on the country’s already limited resources.
Macroeconomy & Sovereign Data
| Type of Government | Constitutional monarchy |
|---|---|
| Capital | Amman |
| Sovereign Ratings |
S&P: B+ Moody’s: Ba3 Fitch Ratings: BB– |
| Total Population | 11.4 million |
| Median Age | 24.5 |
| Adult Per Capita Income (PPP) | 16,356.77 |
| Total GDP (2023) | 53.6 billion |
Jordan GDP & Economic Overview
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Jordan
Banking & Finance
Trade & Investment
| Total Exports | USD 25.8 billion (2023) |
|---|---|
| Leading Exports |
Fertilizers Garments Phosphates Jewelry Phosphoric Acid |
| Total Imports | USD 15.0 billion (2022) |
| Leading Imports |
Refined Petroleum Cars Gold Crude Petroleum Jewelry |
| Source: | World Integrated Trade Solution |
Jordan Leading Companies
| Arab Bank | Financials |
|---|---|
| The Housing Bank for Trade and Finance | Financials |
| Jordan Phosphate Mines | Materials, Metals & Mining |
| Arab Potash Company | Materials, Metals & Mining |
| Jordan Petroleum Refinery | Oil & Gas Refining & Marketing |
| Royal Jordanian Airlines | Airlines |
| Jordan Telecom Group | Telecommunication Services |
Major Trade Partners — Import
| Saudi Arabia | 15% |
|---|---|
| China | 15% |
| United Arab Emirates | 7% |
| United States | 6% |
| Germany | 4% |
Source: World Integrated Trade Solution
Major Trade Partners — Export
| United States | 25% |
|---|---|
| India | 11% |
| Saudi Arabia | 8% |
| Free Zones | 8% |
| Iraq | 7% |
Source: World Integrated Trade Solution
Global Finance Rankings & Awards
Data Sources:
UN World Population Prospects
World Inequality Report
S&P Global Ratings
Moody’s
Fitch Ratings
IMF Direction of Trade Statistics (DOTS)
UN Conference on Trade and Development (UNCTAD)
CIA The World Factbook
World Bank’s World Integrated Trade Solution
Forbes Global 2000