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 (2021): Saudi Arabia, United States, and China |
Top Industries Source: CIA World Factbook | Clothing; Fertilizers; Potash; Phosphate Mining |
Gross Domestic Product (GDP) [1]
GDP, PPP (current international) | $124,179,821,930 (2022) |
GDP Growth Rate (annual %) | 2.504% (2022) |
GDP Per Capita, PPP (current international) | $11,003 (2022) |
GDP Country Rank 90/197 (2022)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 4.229% (2022) |
External debt stocks, total (DOD, current US$) | $41,820,573,946 (2021) |
Total tax rate (% of commercial profits) | 28.6% (2019) |
Real Interest Rate (5 year average %) | 4.641% (2022) |
Manufacturing, value added (% of GDP) | 17.407% (2022) |
Current Account Balance (BoP, current US$) | ($4,030,422,535) (2021) |
Labor and Employment [1]
Labor Force, Total | 3,041,209 (2022) |
Employment in Agriculture (% of total employment) | 3.246% (2021) |
Employment in Industry (% of total employment) | 17.635% (2021) |
Employment in Services (% of total employment) | 79.118% (2021) |
Unemployment Rate | 17.874% (2022) |
Trade [1]
Imports of goods and services (current US$) | $23,391,830,986 (2021) |
Exports of goods and services (current US$) | $13,864,084,507 (2021) |
Total Merchandise Trade (% of GDP) | 83.201% (2022) |
FDI, net inflows (BoP, current US$) | $1,137,042,254 (2022) |
Commercial Service Exports (current US$) | $4,343,239,437 (2021) |
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.