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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 April 2016 Updater

Country Forecast Jordan April 2016 Updater

  • $ 635
  • Country report
  • April 2016
  • by The Economist Intelligence Unit

The Economist Intelligence Unit expects King Abdullah II to remain in power and to continue to determine the overall pace and extent of political reform. He will allow some space for moderate opposition ...

  • Countries : Jordan

Dun and Bradstreet (Altares)

D&B Country Insight Report: Jordan

D&B Country Insight Report: Jordan

  • $ 650
  • Country report
  • March 2016
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : World, Jordan

ISA

Jordan - ISA Country Report

Jordan - ISA Country Report

  • $ 99
  • Country report
  • April 2016
  • by ISA

This report contains detailed forecasts and analysis for Jordan, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Jordan

Oxford Economics

Country Economic Forecasts > Jordan

Country Economic Forecasts > Jordan

  • $ 185
  • Country report
  • March 2016
  • by Oxford Economics

GDP grew 2.6% y/y in Q3, its highest since Q4 2014, but this extended the period of underperformance and was too low to make a dent in the unemployment rate, which rose to 13.1% in 2015. Growth benefited ...

  • Countries : Jordan

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