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 January 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


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

Related Last Previous Unit Reference
Current Account -665.70 -1171.90 JOD Million Sep/21
Current Account to GDP -8.00 -2.10 percent of GDP Dec/20
Exports 611318.00 591738.00 JOD Thousands Oct/21
Imports 1496283.00 1397077.00 JOD Thousands Oct/21
External Debt 14098.30 12338.20 JOD Million Dec/20
Terms of Trade 69.60 72.20 points Oct/21
Capital Flows -106.10 422.60 JOD Million Sep/21
Remittances 463.20 435.70 JOD Million Sep/21
Tourist Arrivals 499.60 459.30 Thousand Oct/21
Foreign Direct Investment 68.00 110.90 JOD Million Mar/21