Jordan's GDP changed from approximately $3B 932M in 1980 to $53B 570M in 2024, showing an overall 1262.4% sharply increased during the period.
The lowest GDP was recorded in 1980 at $3B 932M, and the highest in 2024 at $53B 570M.
Over the 44-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 6.1%.
For comparison, the average annual growth rate of Saudi Arabia was 4.4%, and that of Egypt was 6.3%.
Jordan GDP from 1980 to 2024
The total market value of goods and services produced annually in Jordan.
Overview of Jordan's GDP (1980–2024)
The Gross Domestic Product (GDP) of Jordan recorded a 1262.4% sharply increased from 1980 to 2024.
The average GDP during this period was $19B 364M, and the median was $9B 972M.
GDP fluctuated within a range of $49B 638M, with a standard deviation of $16B 493M.
The average annual change was $1B 163M.
Highest and Lowest GDP Records
- Lowest GDP: 1980, $3B 932M
- Highest GDP: 2024, $53B 570M
- Most Recent GDP: 2024, $53B 570M
Notable Annual GDP Changes
- 2008: Significant increase in GDP
- 1989: Noticeable drop in GDP
Overall pattern: overall increase with some decline
Global Economic Events and Jordan's GDP
COVID-19 Pandemic (2020)
- Period: From 2019 to 2020
- GDP Change: $44B 566M → $43B 762M
- Outcome: declined
2008 Global Financial Crisis
- Period: From 2007 to 2009
- GDP Change: $17B 957M → $24B 538M
- Outcome: sharply increased
2001 Dot-com Bubble Burst
- Period: From 2000 to 2001
- GDP Change: $8B 725M → $9B 268M
- Outcome: increased
1998 Asian Financial Crisis
- Period: From 1997 to 1998
- GDP Change: $7B 389M → $8B 163M
- Outcome: sharply increased
Key Economic Indicators of Jordan (1980–2024)
| year | GDP Growth | Nominal GDP | PPP GDP | GDP per Capita | PPP per Capita | Savings | Population | Current Account | Fiscal Balance |
|---|---|---|---|---|---|---|---|---|---|
1980 | 11.069 % | $ 3B 932M | $ 8B 526M | $ 1,773.85 | $ 3,846.40 | 31.95 % | 2M 217K people | 9.508 % | 0 % |
1981 | 14.973 % | $ 4B 416M | $ 10B 731M | $ 1,914.51 | $ 4,652.40 | 43.23 % | 2M 307K people | -0.881 % | 0 % |
1982 | 5.846 % | $ 4B 713M | $ 12B 61M | $ 1,958.73 | $ 5,012.03 | 29.04 % | 2M 406K people | -7.059 % | 0 % |
1983 | 1.366 % | $ 4B 953M | $ 12B 704M | $ 1,969.50 | $ 5,051.78 | 13.62 % | 2M 515K people | -7.888 % | 0 % |
1984 | 5.478 % | $ 5B 3M | $ 13B 884M | $ 1,902.44 | $ 5,279.13 | 10.44 % | 2M 630K people | -5.291 % | 0 % |
1985 | -1.088 % | $ 5B 33M | $ 14B 167M | $ 1,829.12 | $ 5,148.86 | 5.74 % | 2M 751K people | -5.176 % | -3.767 % |
1986 | 5.934 % | $ 6B 445M | $ 15B 310M | $ 2,237.85 | $ 5,316.31 | 7.66 % | 2M 880K people | -0.617 % | 1.007 % |
1987 | 2.71 % | $ 6B 794M | $ 16B 114M | $ 2,253.48 | $ 5,345.28 | 5.40 % | 3M 15K people | -5.179 % | -9.53 % |
1988 | 2.891 % | $ 6B 364M | $ 17B 165M | $ 2,015.79 | $ 5,436.82 | 21.01 % | 3M 157K people | -4.615 % | -7.016 % |
1989 | -10.661 % | $ 4B 279M | $ 15B 936M | $ 1,292.47 | $ 4,813.21 | 31.82 % | 3M 311K people | 8.995 % | 1.741 % |
1990 | -1.604 % | $ 4B 187M | $ 16B 268M | $ 1,202.92 | $ 4,673.78 | 23.96 % | 3M 481K people | -5.425 % | 1.76 % |
1991 | -5.65 % | $ 4B 373M | $ 15B 868M | $ 1,192.60 | $ 4,327.85 | 14.53 % | 3M 666K people | -9 % | -0.702 % |
1992 | 16.856 % | $ 5B 403M | $ 18B 965M | $ 1,397.28 | $ 4,904.38 | 24.84 % | 3M 867K people | -15.458 % | 10.044 % |
1993 | 4.36 % | $ 5B 615M | $ 20B 261M | $ 1,377.57 | $ 4,971.02 | 32.29 % | 4M 75K people | -11.204 % | 3.69 % |
1994 | 5.002 % | $ 6B 321M | $ 21B 729M | $ 1,477.45 | $ 5,078.94 | 32.90 % | 4M 278K people | -6.296 % | 2.615 % |
1995 | 5.951 % | $ 6B 759M | $ 23B 504M | $ 1,516.12 | $ 5,272.16 | 36.32 % | 4M 458K people | -3.826 % | 3.168 % |
1996 | 1.913 % | $ 7B 54M | $ 24B 392M | $ 1,530.65 | $ 5,292.72 | 32.97 % | 4M 609K people | -3.145 % | 1.121 % |
1997 | 3.741 % | $ 7B 389M | $ 25B 741M | $ 1,560.98 | $ 5,437.91 | 30.43 % | 4M 734K people | 0.397 % | 1.229 % |
1998 | 3.206 % | $ 8B 163M | $ 26B 865M | $ 1,685.04 | $ 5,545.59 | 26.50 % | 4M 844K people | 0.173 % | -1.298 % |
1999 | 3.237 % | $ 8B 414M | $ 28B 127M | $ 1,699.60 | $ 5,681.34 | 28.62 % | 4M 951K people | 4.812 % | 1.617 % |