Jordan recorded a Current Account deficit of 7.60 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Jordan averaged -5.53 percent of GDP from 1980 until 2023, 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. source: Central Bank of Jordan

Current Account to GDP in Jordan is expected to reach -5.50 percent of GDP by the end of 2024, 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 -4.10 percent of GDP in 2025 and -3.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Capital Flows -300.60 -636.20 JOD Million Jun 2024
Current Account -624.50 -573.50 JOD Million Jun 2024
Current Account to GDP -3.50 -7.80 percent of GDP Dec 2023
Exports 811715.70 836612.50 JOD Thousands Oct 2024
External Debt 18691.70 16911.00 JOD Million Dec 2023
Foreign Direct Investment 258.10 96.10 JOD Million Jun 2024
Imports 1653006.10 1554400.20 JOD Thousands Oct 2024
Remittances 574.80 562.30 JOD Million Sep 2024
Terms of Trade 72.10 70.60 points Oct 2024
Tourist Arrivals 712.00 755.70 Thousand Nov 2024

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
-3.50 -7.80 11.50 -18.04 1980 - 2023 percent of GDP Yearly