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ECON FACTBOOK

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Economy of Jordan

Population: 6.5 million in 20131

GDP: $34 billion in 20132

GDP per capita: $5,214 nominal3 ($11,782 PPP4) in 2013

GDP growth rate: 2.8% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Other activities11,91544.7%
Manufacturing4,90918.4%
Transport, storage and communication3,41712.8%
Wholesale, retail trade, restaurants and hotels2,5999.8%
Mining and utilities1,7206.5%
Construction1,2514.7%
Agriculture, hunting, forestry, fishing8433.2%
Total value added26,653100%

Employment

Unemployment rate: 12.6% in 20137

Employment by Industry 20078

Employment sectorPercent of total
Services77%
Industry20%
Agriculture3%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $56 billion (165% of GDP) in 201410

Household Wealth per Adult: $14,458 in 201410

Gini Coefficient: .354 in 201311

Government

Central Government

Central Government Revenue: $6.9 billion (20% of GDP) in 201312

Central Government Expenditure: $10.7 billion (31% of GDP) in 201312

Central Government Budget Balance: -$3.8 billion (-11% of GDP) in 201312

Central Government Public Debt: $32 billion (93% of GDP) in Dec 2014* 13

Central Government 10 Year Bond Interest Rate: N/A

* Public debt calculated using the exchange rate 0.709 JOD = 1 USD

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds in 2013* 14

Corporate Tax Rate: 14% in 201415

* Individual thresholds calculated using the exchange rate 0.709 JOD = 1 USD

Monetary Policy

Money Supply (M0): $9.9 billion (29% of GDP) in Dec 2014* 16

Benchmark Interest Rate: 4.25% in Jan 201417

Total Reserves: $13.8 billion (% of GDP) in 201318

Exchange Rate: .709 Jordanian Dinar = 1 U.S. Dollar on Feb 8, 201519

Inflation: 5.5% in 201320

* Money supply calculated using the exchange rate 0.709 JOD = 1 USD

Financial Institutions

Top 10 Financial Institutions by Assets 201321

N/A (data not available at Relbanks.com)

International Accounts

Exports: $7.9 billion (23% of GDP) in 201322

Imports: $18.6 billion (55% of GDP) in 201322

Trade Balance: -$10.7 billion (-22% of GDP) in 201322

Foreign Direct Investment Inflow: $1.8 billion (5% of GDP) in 201323

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $1.4 billion (4% of GDP) in 201224

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: IMF Dissemination Standards Bulletin Board, Access National Summary Data (Public debt) Go back
14. Source: KPMG (Individual tax rates) Go back
15. Source: Tax Foundation (Corporate tax rate) Go back
16. Source: IMF Dissemination Standards Bulletin Board (Money supply) Go back
17. Source: Central Bank News (Benchmark interest rate) Go back
18. Source: World Bank Indicators (Total reserves) Go back
19. Source: xe.com (Exchange rate) Go back
20. Source: World Bank Indicators (Inflation rate) Go back
21. Source: Relbanks.com (Financial institutions by assets) Go back
22. Source: CIA World Factbook (Trade data) Go back
23. Source: World Bank Indicators (FDI data) Go back
24. Source: World Bank Indicators (Aid data) Go back