Jordan recorded a Current Account deficit of 2.80 percent of the country's Gross Domestic Product in 2019. source: Central Bank of Jordan

Current Account to GDP in Jordan averaged -5.50 percent from 1980 until 2019, reaching an all time high of 11.50 percent in 2003 and a record low of -18.04 percent 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 December of 2020.

Current Account to GDP in Jordan is expected to reach -6.50 percent by the end of 2020, 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 in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Jordan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-2.80 -7.00 11.50 -18.04 1980 - 2019 percent Yearly

Jordan Trade Last Previous Highest Lowest Unit
Balance of Trade -577381.00 -508983.00 -3400.00 -1034553.00 JOD Thousands [+]
Current Account -978.30 -309.20 473.00 -1298.60 JOD Million [+]
Current Account to GDP -2.80 -7.00 11.50 -18.04 percent [+]
Imports 1072103.00 1148913.00 1533087.00 5090.00 JOD Thousands [+]
Exports 571532.00 524025.00 612831.00 110.00 JOD Thousands [+]
External Debt 12338.20 12087.50 12338.20 3640.20 JOD Million [+]
Terms of Trade 59.30 69.70 167.20 56.30 points [+]
Capital Flows 1534.10 136.90 1534.10 -1047.80 JOD Million [+]
Remittances 455.60 466.70 643.50 252.60 JOD Million [+]
Tourist Arrivals 45.50 30.30 1680.70 0.00 Thousand [+]
Gold Reserves 43.50 43.50 43.54 12.37 Tonnes [+]
Foreign Direct Investment 91.70 210.50 1713.30 91.70 JOD Million [+]
Terrorism Index 3.09 3.40 4.63 0.55 [+]
Weapons Sales 86.00 1.00 117.00 1.00 USD Million [+]


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.