Jordan

Jordan : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$16.21 billion (2011 est.)
$13.68 billion (2010 est.)

Exports

$7.986 billion (2011 est.)
$7.028 billion (2010 est.)

Inflation rate (consumer prices)

4.4% (2011 est.)
5% (2010 est.)

Unemployment rate

12.3% (2011 est.)
12.5% (2010 est.)
note: official rate; unofficial rate is approximately 30%

GDP - per capita (PPP)

$6,000 (2011 est.)
$6,000 (2010 est.)
$6,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.2% (2010 est.)
2.4% (2009 est.)
5.8% (2008 est.)

Internet users

1.642 million (2009)

Telephones - mobile cellular

6.62 million (2009)

Population growth rate

-0.965% (2012 est.)

Population

6,508,887 (July 2012 est.)

Historical background

Following World War I and the dissolution of the Ottoman Empire, the UK received a mandate to govern much of the Middle East.

Britain separated out a semi-autonomous region of Transjordan from Palestine in the early 1920s, and the area gained its independence in 1946; it adopted the name of Jordan in 1950.

The country's long-time ruler was King HUSSEIN (1953-99).

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Jordan

Economic overview

Jordan's economy is among the smallest in the Middle East, with insufficient supplies of water, oil, and other natural resources, underlying the government's heavy reliance on foreign assistance.

Other economic challenges for the government include chronic high rates of poverty, unemployment, inflation, and a large budget deficit.

Since assuming the throne in 1999, King ABDALLAH has implemented significant economic reforms, such as opening the trade regime, privatizing state-owned companies, and eliminating most fuel subsidies, which in the past few years have spurred economic growth by attracting foreign investment and creating some jobs.

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The Economist Intelligence Unit

Country Forecast Jordan November 2014 Updater

Country Forecast Jordan November 2014 Updater

  • $ 635
  • Country report
  • November 2014
  • by The Economist Intelligence Unit

As King Abdullah II (who still has a say on government and military appointments) is expected to remain in power and likely to initiate only modest changes, The Economist Intelligence Unit does not expect ...

  • Countries : Jordan

Oxford Economics

Country Economic Forecasts > Jordan

Country Economic Forecasts > Jordan

  • $ 185
  • Country report
  • August 2014
  • by Oxford Economics

GDP growth picked up to 3.3% in Q1 this year from 2.8% in 2013 overall. The main sources of growth are construction, transport and communications, financial services and community, personal and social ...

  • Countries : Jordan

PRS Group

ICRG Annual: Volume 4, The Middle East & North Africa

ICRG Annual: Volume 4, The Middle East & North Africa

  • $ 386
  • Country report
  • October 2014
  • by PRS Group

Purchase individual volumes of the International Country Risk Guide Annual (described separately). Choose from seven perfect-bound volumes (6 regional volumes and one volume of country risk ratings & statistics ...

  • Countries : Africa, Asia, United Arab Emirates, Saudi Arabia, World, Yemen, Syrian Arab Republic, Qatar, Lebanon, Kuwait, Jordan, Israel, Bahrain, Tunisia, Sudan, Morocco, Libyan Arab Jamahiriya, Egypt, Algeria, Oman, Iraq, Iran

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