Jordan recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in Jordan averaged -5.54 percent from 1980 until 2018, 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.

Current Account to GDP in Jordan is expected to be -6.50 percent by the end of this quarter, 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 -6.10 percent in 2020, according to our econometric models.


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Jordan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 -10.60 11.50 -18.04 1980 - 2018 percent Yearly

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.

Jordan Trade Last Previous Highest Lowest Unit
Balance of Trade -872400.00 -691400.00 -3400.00 -1034553.00 JOD Thousands [+]
Current Account -91.30 -587.80 473.00 -1298.60 JOD Million [+]
Current Account to GDP -7.00 -10.60 11.50 -18.04 percent [+]
Imports 1337300.00 1174700.00 1533087.00 5090.00 JOD Thousands [+]
Exports 464900.00 483300.00 612831.00 110.00 JOD Thousands [+]
External Debt 12087.50 11867.20 12087.50 3640.20 JOD Million [+]
Terms of Trade 62.90 62.50 167.20 56.30 points [+]
Capital Flows 46.50 -593.20 1249.90 -1047.80 JOD Million [+]
Remittances 596.00 570.80 643.50 252.60 JOD Million [+]
Tourist Arrivals 628.70 651.00 1680.70 257.10 Thousand [+]
Gold Reserves 43.50 43.50 43.54 12.37 Tonnes [+]
Foreign Direct Investment 151.30 184.60 1713.30 140.90 JOD Million [+]
Terrorism Index 3.09 3.40 4.63 0.55 [+]
Weapons Sales 80.00 17.00 117.00 2.00 USD Million [+]