Email this Link Email this Link Print this Snapshot Print Snapshot

Export this Snapshot Export Snapshot to PDF
Country Snapshot - Jordan  

HighlightsRankingsQuantitative DataLegislationAnalytical WorkProject Portfolio
  • Middle East & North Africa
  • Lower middle income
  • 6,093,000 (2011)
  • 4,350
Jordan Flag
Below are select highlights for the data included in the profile.

  1. Doing Business 2011 (DB 2011) ranked Jordan 111th out of 183 economies. DB 2011 reports that Jordan improved its credit information system by setting up a regulatory framework for establishing a private credit bureau as well as lowering the threshold for loans to be reported to the public credit registry.
  2. According to the latest Enterprise Surveys (2006), Licenses and Permits, Tax Administration and Inadequately Educated Workforce represent the major constraints to investment in Jordan.
  3. The Economist Intelligence Unit forecasts that real GDP growth will rise only modestly in 2011. Average inflation is expected to rise to 6.4% in 2011, in line with higher global commodity prices. Inflation is expected to average 5.2% in 2011-15.
  4. Jordan’s economic freedom score is 68.9, making its economy the 38th freest in the 2011 Index. Its score is 2.8 points better than last year, with significant gains in fiscal, monetary, and investment freedom and improved control of government spending. Jordan is ranked 4th out of 17 countries in the Middle East/North Africa region and registered the sixth highest score improvement in the 2011 Index. Progress toward upgrading Jordan’s economic infrastructure has aided economic growth despite the challenging global economic environment. Levels of trade, fiscal, and investment freedom are relatively competitive. The financial sector has taken steps to meet international standards. Future planned adjustments include better-targeted capital spending, water and energy market liberalization, and private-sector development.