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Economy of Jordan vs Liberia compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $4.78B for Liberia, ranking 90/197 and 163/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $2.73B (57.2% of GDP) in Liberia.

Jordan vs Liberia GDP by year

Jordan
Liberia
1x
Year GDP, current $
Jordan Liberia
2024 $53,352,289,577 $4,779,300,900
2023 $51,088,476,338 $4,390,000,000
2022 $48,764,963,380 $4,001,047,000
2021 $46,296,100,141 $3,513,049,500
2020 $43,700,383,099 $3,176,126,300
2019 $44,503,006,338 $3,319,596,500
2018 $43,370,860,704 $3,422,754,800
2017 $41,608,435,915 $3,390,703,400
2016 $39,892,551,127 $3,398,419,600
2015 $38,587,017,887 $3,227,075,700
2014 $36,847,643,521 $3,225,652,000
2013 $34,454,440,141 $3,177,198,100
2012 $31,634,561,690 $2,791,614,000
2011 $29,524,149,155 $2,398,000,000
2010 $27,133,804,225 $1,998,000,000
2009 $24,537,876,056 $1,768,000,000
2008 $22,658,715,989 $1,726,000,000
2007 $17,110,437,236 $1,373,000,000
2006 $15,056,981,664 $1,119,000,000
2005 $12,588,998,590 $949,000,000
2004 $11,411,706,629 $897,000,000
2003 $10,195,627,645 $748,000,000
2002 $9,582,510,578 $927,000,000
2001 $8,975,814,653 $906,000,000
2000 $8,460,789,845 $874,000,000
1999 $8,149,929,478 $441,800,000
1998 $7,912,270,804 $359,600,000
1997 $7,245,839,210 $295,900,000
1996 $6,927,503,526 $159,400,000
1995 $6,727,597,032 $134,800,000
1994 $6,236,295,978 $132,200,000
1993 $5,606,400,222 $160,400,000
1992 $5,310,833,194 $223,500,000
1991 $4,344,467,193 $348,000,000
1990 $4,160,087,508 $384,400,000
1989 $4,221,373,674 $786,300,000
1988 $6,277,451,829 $1,038,300,000
1987 $6,756,209,762 $972,800,000
1986 $6,402,050,485 $840,964,400
1985 $4,993,601,520 $851,296,100
1984 $4,967,162,160 $848,478,300
1983 $4,920,692,191 $823,374,900
1982 $4,681,240,993 $863,933,200
1981 $4,383,944,703 $846,514,500
1980 $3,910,044,474 $854,711,500
1979 $3,271,368,781 $814,067,900
1978 $2,602,208,589 $717,240,400
1977 $2,096,778,602 $673,010,600
1976 $1,708,521,219 $596,675,700
1975 $1,363,073,498 $577,549,300
1974 $1,197,483,949 $486,955,000
1973 $943,783,840 $386,968,300
1972 $788,479,685 $368,098,000
1971 $678,159,729 $341,543,100
1970 $639,519,744 $323,099,700
1969 $698,879,720 $306,961,800
1968 $561,119,776 $276,820,700
1967 $631,679,747 $261,024,300
1966 $657,999,737 $244,459,500
1965 $599,759,760 $229,260,800
1964 - $218,929,100
1963 - $200,229,600
1962 - $191,861,800
1961 - $183,920,900
1960 - $190,495,600

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/jordan/liberia | CC BY

GDP per capita in Jordan vs Liberia by year

Jordan
GDP per capita

GDP per capita, PPP
Liberia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Liberia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $851 $1,871
2023 $4,466 $10,412 $799 $1,795
2022 $4,332 $9,927 $745 $1,692
2021 $4,183 $9,182 $668 $1,539
2020 $4,022 $9,579 $617 $1,660
2019 $4,170 $9,429 $658 $1,900
2018 $4,145 $9,042 $692 $1,800
2017 $4,066 $9,266 $699 $1,665
2016 $3,987 $8,748 $715 $1,490
2015 $4,043 $8,967 $693 $1,340
2014 $4,191 $9,145 $707 $1,419
2013 $4,311 $9,817 $711 $1,360
2012 $4,170 $9,739 $638 $1,157
2011 $3,947 $9,632 $568 $1,041
2010 $3,718 $9,417 $492 $980
2009 $3,436 $9,291 $448 $939
2008 $3,242 $8,983 $452 $915
2007 $2,506 $8,416 $374 $873
2006 $2,343 $8,046 $321 $815
2005 $2,088 $7,697 $287.5 $774
2004 $1,940 $7,074 $284.1 $745
2003 $1,776 $6,500 $239.8 $716
2002 $1,706 $6,256 $299.5 $1,013
2001 $1,632 $5,948 $300 $987
2000 $1,571 $5,641 $298.5 $965
1999 $1,545 $5,402 $156.6 $762
1998 $1,532 $5,264 $134.7 $652
1997 $1,436 $5,171 $122.6 $548
1996 $1,410 $5,055 $71.4 $282.2
1995 $1,416 $5,027 $62.1 $254.4
1994 $1,367 $4,830 $61.5 $262.6
1993 $1,289 $4,726 $74.4 $328
1992 $1,287 $4,654 $107.8 $497
1991 $1,110 $4,195 $177.9 $793
1990 $1,149 $4,317 $172.9 $787
1989 $1,260 - $312 -
1988 $1,966 - $424 -
1987 $2,217 - $409 -
1986 $2,200 - $364 -
1985 $1,797 - $380 -
1984 $1,871 - $390 -
1983 $1,939 - $391 -
1982 $1,929 - $422 -
1981 $1,885 - $426 -
1980 $1,750 - $443 -
1979 $1,519 - $435 -
1978 $1,249 - $394 -
1977 $1,039 - $381 -
1976 $873 - $347 -
1975 $718 - $346 -
1974 $651 - $299.4 -
1973 $531 - $244.4 -
1972 $460 - $238.6 -
1971 $412 - $227.1 -
1970 $409 - $220.3 -
1969 $474 - $214.7 -
1968 $409 - $198.6 -
1967 $497 - $192.2 -
1966 $558 - $184.6 -
1965 $546 - $177.6 -
1964 - - $173.9 -
1963 - - $163.1 -
1962 - - $160.3 -
1961 - - $157.5 -
1960 - - $167.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/jordan/liberia | CC BY

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $851 in Liberia, ranking 184/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Liberia ranks 188th at $1,871.

Economic indicators

Jordan Liberia
Gross domestic product
$53.4B
2024
$4.78B
2024
GDP rank
90/197
2024
163/197
2024
GDP growth
2.49%
2023-2024
4.02%
2023-2024
GDP per capita
$4,618
2024
$851
2024
GDP per capita rank
123/197
2024
184/197
2024
GDP per capita, PPP
$10,821
2024
$1,871
2024
GDP per capita PPP rank
131/197
2024
188/197
2024
Government debt
$48.1B
2024
$2.73B
2024
Debt-to-GDP ratio
90.2%
2024
57.2%
2024
Government debt per person
$4,167
2024
$487
2024
Government debt per person rank
91/185
2024
167/185
2024
Average annual personal income after taxes
$4,787
2026
$1,191
2026
Market capitalization of domestic companies
$24.9B
2024
n/a
Income share by richest 10%
27.4%
2010
27.1%
2016
Income share by poorest 10%
3.5%
2010
2.9%
2016
Government expenditure, % of GDP
33%
2024
24.3%
2024
Consumer prices inflation
1.56%
2023-2024
8.2%
2023-2024
Central bank interest rate
5.75%
2025
n/a
Unemployment rate
16.6%
2023
5.93%
2017
Population
11555022
5887000

Spending and national debt comparison by year

Jordan
Spending

Debt
Liberia
Spending

Debt
1x
Year % of GDP
Jordan Liberia
Government spending Government debt Government spending Government debt
2024 33% 90.2% 24.3% 57.2%
2023 32.9% 89% 27.1% 57.8%
2022 33.3% 88.6% 26.9% 54.3%
2021 34.1% 87.6% 29.8% 53.3%
2020 33.7% 104.5% 35.3% 58.7%
2019 32.4% 92.9% 32.3% 48.6%
2018 32% 87.4% 32.7% 37.1%
2017 29.6% 86.1% 35.1% 31.8%
2016 29.8% 85% 35.8% 28.6%
2015 31.7% 83.4% 37.1% 24.8%
2014 39.2% 78.6% 33.4% 24.3%
2013 36.4% 78.1% 27.4% 20.6%
2012 32.2% 73.8% 30.8% 20.5%
2011 27.4% 63.9% 30.1% 22.7%
2010 29.8% 59.5% 25.2% 25.6%
2009 35.9% 55.5% 23.7% 130.9%
2008 35.8% 53.2% 21.6% 233.1%
2007 37.7% 64.4% 17.2% 394%
2006 34.7% 65.6% 11.1% 472%
2005 37.3% 80.5% 12.8% 535%
2004 36.6% 86% 12.1% 543%
2003 36% 94.6% 9.85% 658%
2002 32.9% 91.3% 13.2% 481%
2001 32.1% 89.7% 12.6% 484%
2000 33.1% 85.6% 15.2% 489%
1999 32.7% 98.1% - -
1998 34.9% 99.8% - -
1997 33.9% 98.1% - -
1996 36.2% 104.9% - -
1995 35.5% 106.1% - -
1994 34.3% 116.2% - -
1993 36.4% 126.6% - -
1992 35.5% 139.6% - -
1991 44.9% 187% - -
1990 44% 204.8% - -
1989 42.5% 195.4% - -
1988 44.3% 129.3% - -
1987 42.1% 101.9% - -
1986 33.8% 84.3% - -
1985 42.4% 85.2% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/jordan/liberia | CC BY

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Liberia spent $1.16B, or 24.3% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 57.2% in Liberia, ranking 32/185 and 91/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Liberia
1x
Year Deficit/surplus, % of GDP
Jordan Liberia
2024 -7.33% -1.98%
2023 -6.89% -7.03%
2022 -6.8% -5.33%
2021 -8.45% -2.5%
2020 -10.1% -4.02%
2019 -7.19% -4.92%
2018 -5.78% -4.7%
2017 -3.61% -7.14%
2016 -3.71% -3.83%
2015 -7.1% -3.74%
2014 -15.5% -4.92%
2013 -16.1% 1.29%
2012 -13.8% -2.86%
2011 -5.61% -4.43%
2010 -5.43% 1.17%
2009 -8.66% -1.39%
2008 -5.38% -2.68%
2007 -5.45% 2.44%
2006 -3.82% 4.42%
2005 -5.36% -0.55%
2004 -1.09% -0.56%
2003 -2.52% 0.39%
2002 -4.44% -1.63%
2001 -2.77% -0.98%
2000 -3.99% -0.08%
1999 -2.69% -
1998 -5.4% -
1997 -2.97% -
1996 -3.25% -
1995 -1.72% -
1994 -2.3% -
1993 -2.14% -
1992 1.87% -
1991 -10.2% -
1990 -7.45% -
1989 -6.89% -
1988 -13% -
1987 -13.4% -
1986 -2.39% -
1985 -6.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/jordan/liberia | CC BY

In 2024, Jordan's government deficit, the difference between spending and revenue, was $3.91B, equivalent to 7.33% of GDP. This compares to Liberia's deficit of $94.6M, or 1.98% of GDP.

Over the past 25 years, Jordan recorded a fiscal deficit in 25 of those years, while Liberia ran a deficit in 20 years. On average, Jordan posted an annual deficit equal to 6.68% of GDP, compared to deficit of 2.22% of GDP for Liberia.

Inflation comparison by year

Inflation
Jordan

Liberia
1x
Year Consumer prices inflation
Jordan Liberia
2024 1.56% 8.2%
2023 2.08% 10.1%
2022 4.23% 7.6%
2021 1.35% 7.8%
2020 0.33% 17%
2019 0.76% 27%
2018 4.46% 23.5%
2017 3.32% 12.4%
2016 -0.78% 8.8%
2015 -0.88% 7.7%
2014 2.9% 9.9%
2013 4.82% 7.6%
2012 4.52% 6.8%
2011 4.16% 8.5%
2010 4.85% 7.3%
2009 -0.74% 7.4%
2008 14% 17.5%
2007 4.74% 11.4%
2006 6.25% 9.5%
2005 3.49% 6.9%
2004 3.36% 3.6%
2003 1.63% 10.3%
2002 1.83% 14.2%
2001 1.77% 12.1%
2000 0.67% 5.3%
1999 0.61% 2%
1998 3.09% -
1997 3.04% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (1999–2024, retrieved 2026-02-20).

GeoRank.org/economy/jordan/liberia | CC BY

Over the past 26 years, Jordan has recorded an average annual inflation rate of 2.9%, compared with 10.4% in Liberia. In 2024, inflation was 1.56% in Jordan and 8.2% in Liberia.

Top exports between countries

Jordan
Export category Export value
Animal & marine products $1.31M
Metals $231K
Processed food, beverages & tobacco $106K
Chemicals & pharma $56K
Machinery & equipment $25K
Raw materials & minerals $21K
Textiles & consumer goods $1K
Liberia
Export category Export value
Metals $2K

Balance of trade

Jordan Liberia
Current account balance
-$3.13B
2024
$64.8M
2022
Current account balance ranking
158/190
2024
73/190
2022
Current account balance, % of GDP
-5.86%
2024
+1.62%
2022
Goods imports
$23.9B
2024
$1.53B
2022
Goods exports
$13.3B
2024
$1.03B
2022
Service imports
$6.5B
2024
$434M
2022
Service exports
$9.45B
2024
$192M
2022
Imports of goods and services, % of GDP
57.1%
2024
n/a
Exports of goods and services, % of GDP
42.6%
2024
28.5%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Jordan Liberia
Economic freedom 59.3 49.8
Economic freedom ranking 104/197 163/197
Property rights 52.3 40.4
Government integrity 51 25.8
Judicial effectiveness 44 23.4
Tax burden 84.1 86.1
Government spending 67.2 79.5
Fiscal health 5.2 56.9
Business freedom 62.7 38
Labor freedom 51.3 43.4
Monetary freedom 81.2 71.4
Trade freedom 82 57.4
Investment freedom 70 55
Financial freedom 60 20

Economic freedom comparison by year

Jordan
Liberia
1x
Year Economic freedom index
Jordan Liberia
2026 59.3 49.8
2025 59.4 48.5
2024 58.3 49.9
2023 58.8 49.6
2022 60.1 47.9
2021 64.6 49.2
2020 66 49
2019 66.5 49.7
2018 64.9 50.9
2017 66.7 49.1
2016 68.3 52.2
2015 69.3 52.7
2014 69.2 52.4
2013 70.4 49.3
2012 69.9 48.6
2011 68.9 46.5
2010 66.1 46.2
2009 65.4 48.1
2008 64.1 -
2007 64.5 -
2006 63.7 -
2005 66.7 -
2004 66.1 -
2003 65.3 -
2002 66.2 -
2001 68.3 -
2000 67.5 -
1999 67.4 -
1998 66.8 -
1997 63.6 -
1996 60.8 -
1995 62.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/jordan/liberia | CC BY

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 49.8 for Liberia, ranking 163/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Liberia
Services, % of GDP
60.4%
2024
41.9%
2024
Industry, % of GDP
25.1%
2024
22.7%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
33.8%
2024
GNI, Atlas method
$51.2B
2024
$4.28B
2024
GNI per capita, PPP
$10,570
2024
$1,750
2024
Total reserves including gold
$21.9B
2024
$600M
2022
Total reserves ranking
60/177
2024
153/177
2022
Net foreign direct investment
-$1.58B
2024
-$960M
2022
Net inflows of foreign direct investment
$1.63B
2024
$472M
2024
Net outflows of foreign direct investment
$54.1M
2024
$74.9M
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
3.09%
2024
Poverty at national poverty lines
14.2%
2020
50.9%
2016
Gross capital formation, % of GDP
25.2%
2021
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/jordan/liberia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20)
  6. TradeMap (2020–2023, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.