Jordan GDP Trends from 1980 to 2024: A overall increase with some decline Flow

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%.

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.


Jordan GDP from 1980 to 2024

The total market value of goods and services produced annually in Jordan.

Change Chart

    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)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1980
    $ 3B 932M
    $ 1,773.85
    $ 3,846.40
    $ 8B 526M
    11.069 %
    9.508 %
    31.95 %
    0 %
    2M 217K people
    1981
    $ 4B 416M
    $ 1,914.51
    $ 4,652.40
    $ 10B 731M
    14.973 %
    -0.881 %
    43.23 %
    0 %
    2M 307K people
    1982
    $ 4B 713M
    $ 1,958.73
    $ 5,012.03
    $ 12B 61M
    5.846 %
    -7.059 %
    29.04 %
    0 %
    2M 406K people
    1983
    $ 4B 953M
    $ 1,969.50
    $ 5,051.78
    $ 12B 704M
    1.366 %
    -7.888 %
    13.62 %
    0 %
    2M 515K people
    1984
    $ 5B 3M
    $ 1,902.44
    $ 5,279.13
    $ 13B 884M
    5.478 %
    -5.291 %
    10.44 %
    0 %
    2M 630K people
    1985
    $ 5B 33M
    $ 1,829.12
    $ 5,148.86
    $ 14B 167M
    -1.088 %
    -5.176 %
    5.74 %
    -3.767 %
    2M 751K people
    1986
    $ 6B 445M
    $ 2,237.85
    $ 5,316.31
    $ 15B 310M
    5.934 %
    -0.617 %
    7.66 %
    1.007 %
    2M 880K people
    1987
    $ 6B 794M
    $ 2,253.48
    $ 5,345.28
    $ 16B 114M
    2.71 %
    -5.179 %
    5.40 %
    -9.53 %
    3M 15K people
    1988
    $ 6B 364M
    $ 2,015.79
    $ 5,436.82
    $ 17B 165M
    2.891 %
    -4.615 %
    21.01 %
    -7.016 %
    3M 157K people
    1989
    $ 4B 279M
    $ 1,292.47
    $ 4,813.21
    $ 15B 936M
    -10.661 %
    8.995 %
    31.82 %
    1.741 %
    3M 311K people
    1990
    $ 4B 187M
    $ 1,202.92
    $ 4,673.78
    $ 16B 268M
    -1.604 %
    -5.425 %
    23.96 %
    1.76 %
    3M 481K people
    1991
    $ 4B 373M
    $ 1,192.60
    $ 4,327.85
    $ 15B 868M
    -5.65 %
    -9 %
    14.53 %
    -0.702 %
    3M 666K people
    1992
    $ 5B 403M
    $ 1,397.28
    $ 4,904.38
    $ 18B 965M
    16.856 %
    -15.458 %
    24.84 %
    10.044 %
    3M 867K people
    1993
    $ 5B 615M
    $ 1,377.57
    $ 4,971.02
    $ 20B 261M
    4.36 %
    -11.204 %
    32.29 %
    3.69 %
    4M 75K people
    1994
    $ 6B 321M
    $ 1,477.45
    $ 5,078.94
    $ 21B 729M
    5.002 %
    -6.296 %
    32.90 %
    2.615 %
    4M 278K people
    1995
    $ 6B 759M
    $ 1,516.12
    $ 5,272.16
    $ 23B 504M
    5.951 %
    -3.826 %
    36.32 %
    3.168 %
    4M 458K people
    1996
    $ 7B 54M
    $ 1,530.65
    $ 5,292.72
    $ 24B 392M
    1.913 %
    -3.145 %
    32.97 %
    1.121 %
    4M 609K people
    1997
    $ 7B 389M
    $ 1,560.98
    $ 5,437.91
    $ 25B 741M
    3.741 %
    0.397 %
    30.43 %
    1.229 %
    4M 734K people
    1998
    $ 8B 163M
    $ 1,685.04
    $ 5,545.59
    $ 26B 865M
    3.206 %
    0.173 %
    26.50 %
    -1.298 %
    4M 844K people
    1999
    $ 8B 414M
    $ 1,699.60
    $ 5,681.34
    $ 28B 127M
    3.237 %
    4.812 %
    28.62 %
    1.617 %
    4M 951K people