Bookmark and Share

1. Geography
2. Political situation
3. Economy
a. Figures
4. Health
5. Education
a. Universities
6. Demographics
7. Religions
a. Freedom
8. Peoples
9. Languages
10. Human rights
11. History
12. Cities and Towns

Open the online Arabic language course

Index / Economy /
Open map of JordanFlag of JordanJordan /

Jordan 50 dinars
ZOOM - Open a large version of this image

Key figures
GDP per capita
World average: -50%.
MENA rank: 15 of 23.
US$31.7 billion.
MENA rank: 19 of 23.
List of figuresAll other figures
5.0 points of 10 max.
World rank: 49 of 180.
MENA rank: 6 of 21.
Investment friendly
World rank: 101 of 181.
MENA rank: 12 of 21.
Economic freedom
65.4 points of 100 max.
World rank: 51 of 179.
MENA rank: 6 of 19.
Value of Currency
Since 1996:
US$1= 0.7080 Dinars
As of 2008, this still applies.

Jordan 20 dinars
ZOOM - Open a large version of this image

Jordan 1 dinar
ZOOM - Open a large version of this image

Jordan has a strong currency, and even if the GNP/capita is low, the country has experienced strong economic growth the last few years.
Jordanian dinars have since long been regarded as the strongest currency in the Middle East. This is because of a strict economic policy form the government. But after the Gulf War in 1991 Jordan has faced many economic problems, and this has resulted in dropping exchange rates for the dinar. But still the dinar is strong, and it is more convertible than most Arab currencies.
Major export products are phosphates and fruits. Increasing tourism is helping on the Jordanian economy, with 2,5 million visitors a year. Jordan has never been self sufficient on food, but now that gap is increasing, as internal demands rise quicker than the production. Now, Jordan is importing products after the same criteria that applies for underdeveloped countries: exports of some products, and import of basic food stuffs.
Even if industry and foreign investments are growing, and the Jordanian governments are supporting this, Jordan is still a poor country. A GNP/capita on only $1,500 (35% of world average) is one of the lowest in the Middle East, and Jordan must rely on foreign help and bank loans.

By Tore Kjeilen