Jordan: Economy
|
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Upper Middle Income |
|
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Trade and finance combined account for nearly one-third of GDP. |
|
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2017): United States, Saudi Arabia, and China |
| Top Industries Source: CIA World Factbook | Clothing; Fertilizers; Potash; Phosphate Mining |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $88,809,056,315 (2017) |
| GDP Growth Rate (annual %) | 1.97% (2017) |
| GDP Per Capita, PPP (current international) | $9,153 (2017) |
GDP Country Rank 90/195 (2017)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 3.324% (2017) |
| External debt stocks, total (DOD, current US$) | $30,035,600,247 (2017) |
| Total tax rate (% of commercial profits) | 28.1% (2017) |
| Real Interest Rate (5 year average %) | 7.037% (2016) |
| Manufacturing, value added (% of GDP) | 16.077% (2017) |
| Current Account Balance (BoP, current US$) | ($4,250,845,070) (2017) |
Labor and Employment [1]
| Labor Force, Total | 2,446,266 (2017) |
| Employment in Agriculture (% of total employment) | 3.715% (2017) |
| Employment in Industry (% of total employment) | 26.79% (2017) |
| Employment in Services (% of total employment) | 69.495% (2017) |
| Unemployment Rate | 14.922% (2017) |
Trade [1]
| Imports of goods and services (current US$) | $22,850,000,000 (2017) |
| Exports of goods and services (current US$) | $14,255,211,268 (2017) |
| Total Merchandise Trade (% of GDP) | 68.663% (2017) |
| FDI, net inflows (BoP, current US$) | $2,029,718,310 (2017) |
| Commercial Service Exports (current US$) | $6,389,295,775 (2017) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Jordan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.