Jordan Economy and Trade – a brief information 

 

Population (million)

6,053,193 9 (2007 est)

Population Growth Rate (%)

2,412

Area (thousand sq. km)

92.3

Literacy Rate (%)

87.0

GDP at Market Prices (JD, Million)

9,012,2 JD 2005 est*

Real GDP Growth Rate (%)

6%

Inflation Rate (%)

6,3

GDP per Capita (JD)

1649.1 JD 2005 est 

Govt. Domestic Revenues (JD, Million)

1485.0*

Govt. External Revenues (JD, Million)

203.0*

Govt. Current Expenditures (JD, Million)

1676.0*

Govt. Capital Expenditures (JD, Million)

326.0*

Labor Force (thousand)

1,512 million ( 2006 est)

Exchange Rate

1 JD=US$1.41

Main Imports

Machinery and transport equipment, food and livestock, manufactured goods and crude oil.

Main Exports

Pharmaceuticals, chemicals, fertilizers, phosphate, potash, cement, agricultural, and food products and light industries.

Number of Banks & Branches

451

Population / Bank Branch

10200

Number of Airports

3

Number of Hospitals

77

Number of Classified Hotels

314

Number of Universities

21

Time

GMT+2

Business Hours

8-5 (Sat-Thur)

                 * Preliminary

Origins of GDP

 

Sectors

% Of Total

2003

2004

2005

2006*

Agriculture

6.4

6.0

6.3

5.3

Mining & Quarrying

2.2

3.0

2.9

3.1

Manufacturing

15.5

14.8

13.3

13.7

Electricity & Water

3.2

3.6

3.7

3.9

Construction

9.0

8.5

7.9

6.9

Trade, Restaurants & Hotels

4.6

4.7

5.0

5.8

Transport & Communications

13.9

14.3

15.3

15.2

Finance, Insurance, Real Estate & Business Services

21.7

21.7

21.8

21.9

Social & Personal Services

2.8

3.0

3.1

3.3

Producers of Government Services

21.3

20.9

21.2

21.5

Producers of private Non Profit Services for Households

1.3

1.3

1.3

1.2

Domestic Household Services

0.2

0.1

0.1

0.1

Less: Imputed bank Service Charge

-2.1

-1.9

-1.9

-1.9


Components of GDP as % Of total

Year

Investment

Consumption

Exports

Imports

2001

34.2

98.5

51.5

84.2

2002

36.9

93.9

50.9

81.7

2003

34.2

89.7

49.3

73.2

2004

34.1

87.8

53.5

75.4

2005

31.8

94.6

55.1

81.5

2006

26.7

96.4

51.2

74.3

                              * Preliminary

Domestic exports by commodity 2006

Goods

Exports*

Comparative advantage (%)

Phosphates

139717

13.4

Food

130745

12.5

Potash

111502

10.7

Fertilizers

103671

9.9

Medicaments

101058

9.6

Mach. & Transport Equipments

44334

4.2

Live Animals

33637

3.3

Clothes

33024

3.2

Paper and Cardboard

30388

2.9

Others

315976

30.3

Total

1,044,052

100%

                      * Thousands, JD


Avg. exchange rates of major foreign currencies

Currency

Units per JD (2006)

Selling Buying
US Dollar 1.408 1.412   
Sterling Pound 0.849  0.853
D. Mark 2.475 2.488
French Franc 8.297 8.339
Japanese Yen 184.0 184.9


Industrial Production

Year

2003

2004

2005

2006

A) Mining & Quarrying

Phosphate 

4,983.9

5,421.5

5,895.6

5,927.2

Potash

1,780.0

1,765.5

1,415.6

1,529.3

B) Manufacturing

Fodder (1000 ton)

54.3

54.4

72.7

67.7

Alcoholic drink (1000 liter)

6,846.5

7,972.3

7,824.9

7,848.6

Cigarettes (Million.Cig.)

3,666.6