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.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |
