Browse a full set of economic indicators

Jordan

Includes Jordan real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Albania economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Albania best banks and safest banks are also available.

Basic Information

Government Type: Parliamentary constitutional monarchy

Capital City: Ammam

GDP & Economic Information

Macroeconomy & Sovereign Data

Central Bank Bank of Albania

Bank for International Settlements

Central Bank of Jordan

Currency Jordanian dinars (JOD)

International Reserves USD 14.6 billion (2018)

International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product – GDP USD 42.4 billion (2018, estimate)

GDP (Purchasing Power Parity) Intl$ 93.4 billion (2018, estimate)

GDP Data

Real GDP growth 2007 8.2%
2008 7.2%
2009 5.5%
2010 2.3%
2011 2.6%
2012 2.7%
2013 2.8%
2014 3.1%
2015 2.4%
2016 2%
2017* 2.1%
2018* 2%
*Estimate
GDP per capita – current prices USD 42.4 billion (2018, estimate)

GDP per capita – PPP Intl$ 93.4 billion (2018, estimate)

GDP (PPP) – share of world total 1980 0.06%
1990 0.06%
2000 0.06%
2010 0.08%
2019* 0.07%
*Estimate
GDP – composition by sector agriculture: 5.6%
industry: 27.6%
services: 61.8%
(2018)

Gross domestic expenditure on R&D; (% of GDP) N/A
Inflation 2015 -0.9%
2016 -0.8%
2017 3.3%
2018* 4.5%
2019* 2%
*Estimate

Inflation & Debt

Inflation 2015 -0.9%
2016 -0.8%
2017 3.3%
2018* 4.5%
2019* 2%
*Estimate
Government Bond Ratings Standard & Poor’s: B+

Moody’s: B1

Standard & Poor’s / Moody’s
Unemployment rate 2015 13.1%
2016 15.3%
2017 18.1%
2018* 18.3
2019* N/A
*Estimate
Household saving rates N/A
Public debt (General government gross debt as a % of GDP) 2015 92.4%
2016 93.8%
2017 94.3%
2018* 94.4%
2019* 94.6%
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP) 2015 -8.5%
2016 -3.7%
2017 -3.7%
2018* -4.8%
2019* -3.4%
*Estimate
Market value of publicly traded shares 2016 USD 24.6 billion
2017 USD 24.0 billion
2018 USD 22.7 billion

Largest Companies Arab Bank

Import/Export

Exports as percent of GDP (Exports of goods and services) 5.9% (2017)

Shares in world total merchandising export 0.004% (2018)

Shares in world total commercial services export 0.008% (2018)

Total exports USD 1.6 billion (2018 estimate)

Export commodities Opium, fruits and nuts, handwoven carpets, wool, cotton, hides and pelts, precious and semi-precious gems, and medical herbs

Total imports USD 8.3 billion (2018 estimate)

Import commodities Machinery and other capital goods, food, textiles, petroleum products

Exports – major partners India 56.5%, Pakistan 29.6% (2017)

Imports – major partners China 21%, Iran 20.5%, Pakistan 11.8%, Kazakhstan 11%, Uzbekistan 6.8%, Malaysia 5.3%(2017)

Competitiveness & Trade

Current account balance USD -3.0 billion (2018 estimate)

Current account balance by percentage of GDP -7.0 % (2018 estimate)

FDI inflows 2016 USD 1,553 million
2017 USD 2,030 million
2018 USD 950 million
FDI Outflows 2016 USD 3.2 million
2017 USD 6.6 million
2018 USD -7.6 million
Value of cross-border M&A, by country of purchaser 2015 N/A
2016 USD 17 million
2017 N/A
2018 N/A

United Nations Conference on Trade and Development (UNCTAD) – World Investment Report
Cross-border M&A deals worth over $3 billion completed in 2014 N/A
Cross-border M&A deals worth over $3 billion completed in 2015 N/A
Best countries for doing business Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking:

75 out of 190 countries

​Subcategories:
Starting a Business: 120 out of 190 countries
Dealing with Construction Permits: 138 out of 190 countries
Getting Electricity: 69 out of 190 countries
Registering Property: 78 out of 190 countries
Getting Credit: 4 out of 190 countries
Protecting Minority Investors: 105 out of 190 countries
Paying Taxes: 62 out of 190 countries
Trading across Borders: 75 out of 190 countries
Enforcing Contracts: 110 out of 190 countries
Resolving Insolvency: 112 out of 190 countries
Global competitiveness ranking 70 out of 141 countries

(2019)
Index of Economic Freedom Ranking: 53 / Score: 66.5 (Moderately free)

(100=totally free 0=totally repressed)

Population & Geographic Data

Total Area 89,342 sq km




Total Population 1990 3.56 million
2000 5.1 million
2010 7.18 million
2015* 9.16 million
2020* 10.21 million
*Estimate
Urban population as % of total population 1960 50.9%
1980 60%
2000 78.3%
2018 91%
Population median age 22.8 years



CIA World Factbook / Population median age
Population growth rate 2.02% (2018 estimate)

Life expectancy 75 years



CIA World Factbook / Life expectancy
% of population living on less than $3.10 a day 2.1% (last available estimate, 2010)

Inequality of wealth distribution (Gini index) 33.7 (last available estimate, 2010)

Freedom House rating Partly Free
Political Rights: 5
Civil Liberties: 5 (2019)

(1 represents the most free, 7 the least free rating)
Total telephone subscribers as % of population Fixed: 3.2% Mobile: 87.6% (2018)
(fixed-telephone subscribers and mobile-cellular subscribers)
Internet users as % of total population 66.79 % (2017)

Language & Religon

Languages Arabic (official), English (widely understood among upper and middle classes)
Literacy Total population: 95.4%
Male: 97.7%
Female: 92.9%
Definition: age 15 and over can read and write (2015 est.)
Religions Muslim 97.2% (official; predominantly Sunni), Christian 2.2% (majority Greek Orthodox, but some Greek and Roman Catholics, Syrian Orthodox, Coptic Orthodox, Armenian Orthodox, and Protestant denominations), Buddhist 0.4%, Hindu 0.1%, Jewish <0.1, folk <0.

World Rankings

Population 2.8 M
Mercer Cost of living index N/A
C02 Emissions per capita 1.9 metric tons per capita (2018)

Global Finance Rankings & Awards: Jordan

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

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

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