Jordan recorded a Current Account deficit of 8 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Jordan

Current Account to GDP in Jordan averaged -5.52 percent of GDP from 1980 until 2020, reaching an all time high of 11.50 percent of GDP in 2003 and a record low of -18.04 percent of GDP in 2005. This page provides - Jordan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jordan Current Account to GDP - values, historical data and charts - was last updated on July of 2022.

Current Account to GDP in Jordan is expected to reach -5.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jordan Current Account to GDP is projected to trend around -5.50 percent of GDP in 2022, according to our econometric models.

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Jordan Current Account to GDP



Related Last Previous Unit Reference
Current Account -642.60 -665.70 JOD Million Dec 2021
Current Account to GDP -8.00 -2.10 percent of GDP Dec 2020
Exports 775937.00 639886.00 JOD Thousands Mar 2022
Imports 1515909.00 1412754.00 JOD Thousands Mar 2022
External Debt 15507.10 14098.30 JOD Million Dec 2021
Terms of Trade 76.70 71.80 points Mar 2022
Capital Flows 418.00 -106.10 JOD Million Dec 2021
Remittances 463.50 463.20 JOD Million Dec 2021
Tourist Arrivals 649.70 443.90 Thousand May 2022
Foreign Direct Investment 117.60 95.70 JOD Million Sep 2021

Jordan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
-8.00 -2.10 11.50 -18.04 1980 - 2020 percent of GDP Yearly