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Economy of Jordan vs Libya compared: GDP & Debt

Updated on by Georank

Jordan has a GDP of $61.6B compared to $48.1B for Libya, ranking 90/197 and 100/197 by economy size, respectively.

Jordan vs Libya GDP by year

Jordan
Libya
1x
Year GDP, current $
Jordan Libya
2025 $61,610,052,535 $48,098,909,614
2024 $58,618,380,563 $48,487,151,215
2023 $56,123,472,113 $44,027,664,915
2022 $53,516,930,141 $43,246,297,922
2021 $50,702,940,986 $35,217,995,647
2020 $47,931,770,986 $46,854,285,441
2019 $48,640,273,803 $69,254,496,472
2018 $47,435,850,423 $76,686,029,772
2017 $45,535,614,366 $67,157,452,182
2016 $43,688,498,732 $49,912,073,701
2015 $42,394,049,296 $48,717,501,321
2014 $40,535,098,592 $57,372,355,592
2013 $37,873,362,958 $75,351,107,029
2012 $34,854,017,887 $92,540,938,129
2011 $32,640,291,549 $48,169,263,294
2010 $30,202,773,521 $75,380,825,062
2009 $27,462,496,197 $60,808,562,033
2008 $25,651,620,831 $86,710,767,415
2007 $17,110,437,236 $68,032,978,391
2006 $15,056,981,664 $60,094,231,607
2005 $12,588,998,590 $47,334,691,241
2004 $11,411,706,629 $33,122,307,692
2003 $10,195,627,645 $26,265,625,000
2002 $9,582,510,578 $20,481,889,764
2001 $8,975,814,653 $34,112,093,927
2000 $8,460,789,845 $38,270,954,138
1999 $8,149,929,478 $35,975,860,857
1998 $7,912,270,804 $27,251,301,398
1997 $7,245,839,210 $30,700,897,875
1996 $6,927,503,526 $27,884,615,385
1995 $6,727,597,032 $25,541,379,187
1994 $6,236,295,978 $28,610,549,763
1993 $5,606,400,222 $30,660,051,911
1992 $5,310,833,194 $33,887,047,909
1991 $4,344,467,193 $31,991,821,265
1990 $4,160,087,508 $28,904,183,602
1989 $4,221,373,674 $25,156,707,899
1988 $6,277,451,829 $24,308,959,591
1987 $6,756,209,762 $26,697,659,335
1986 $6,402,050,485 $24,180,400,959
1985 $4,993,601,520 $31,530,566,324
1984 $4,967,162,160 $29,476,109,153
1983 $4,920,692,191 $33,200,520,140
1982 $4,681,240,993 $33,760,146,991
1981 $4,383,944,703 $36,374,353,880
1980 $3,910,044,474 $40,953,924,949
1979 $3,271,368,781 $30,536,429,497
1978 $2,602,208,589 $22,136,422,643
1977 $2,096,778,602 $22,428,297,108
1976 $1,708,521,219 $19,096,943,017
1975 $1,363,073,498 $14,710,912,458
1974 $1,197,483,949 $15,112,543,717
1973 $943,783,840 $8,625,889,430
1972 $788,479,685 $6,299,395,544
1971 $678,159,729 $5,260,185,125
1970 $639,519,744 $4,601,649,451
1969 $698,879,720 $4,380,987,481
1968 $561,119,776 $3,850,623,095
1967 $631,679,747 $2,726,986,913
1966 $657,999,737 $2,312,438,536
1965 $599,759,760 $1,804,979,680
1964 - $1,341,395,421
1963 - $892,327,911
1962 - $619,725,785
1961 - $443,905,612
1960 - $401,644,249

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Jordan vs Libya by year

Jordan
GDP per capita

GDP per capita, PPP
Libya
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Libya
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,348 - $6,449 -
2024 $5,074 $10,821 $6,569 $14,304
2023 $4,906 $10,412 $6,027 $13,847
2022 $4,754 $9,927 $5,987 $12,266
2021 $4,582 $9,182 $4,936 $12,642
2020 $4,411 $9,579 $6,650 $10,955
2019 $4,558 $9,429 $9,963 $16,194
2018 $4,534 $9,042 $11,197 $18,879
2017 $4,449 $9,266 $9,966 $18,026
2016 $4,366 $8,748 $7,526 $16,961
2015 $4,442 $8,967 $7,458 $17,903
2014 $4,611 $9,145 $8,926 $17,510
2013 $4,739 $9,817 $11,952 $21,151
2012 $4,594 $9,739 $14,976 $26,826
2011 $4,363 $9,632 $7,594 $15,698
2010 $4,139 $9,417 $11,601 $30,234
2009 $3,845 $9,291 $9,551 $29,027
2008 $3,670 $8,983 $13,906 $30,812
2007 $2,506 $8,416 $11,145 $30,929
2006 $2,343 $8,046 $10,049 $28,936
2005 $2,088 $7,697 $8,079 $26,903
2004 $1,940 $7,074 $5,774 $23,813
2003 $1,776 $6,500 $4,674 $22,663
2002 $1,706 $6,256 $3,718 $20,061
2001 $1,632 $5,948 $6,313 $20,332
2000 $1,571 $5,641 $7,214 $20,617
1999 $1,545 $5,402 $6,895 $19,769
1998 $1,532 $5,264 $5,301 $19,639
1997 $1,436 $5,171 $6,062 $20,439
1996 $1,410 $5,055 $5,591 $19,392
1995 $1,416 $5,027 $5,205 $18,952
1994 $1,367 $4,830 $5,933 $19,318
1993 $1,289 $4,726 $6,478 $18,904
1992 $1,287 $4,654 $7,303 $19,572
1991 $1,110 $4,195 $7,040 $20,085
1990 $1,149 $4,317 $6,502 $17,173
1989 $1,260 - $5,793 -
1988 $1,966 - $5,736 -
1987 $2,217 - $6,465 -
1986 $2,200 - $6,019 -
1985 $1,797 - $8,087 -
1984 $1,871 - $7,811 -
1983 $1,939 - $8,927 -
1982 $1,929 - $9,064 -
1981 $1,885 - $10,044 -
1980 $1,750 - $11,960 -
1979 $1,519 - $9,443 -
1978 $1,249 - $7,252 -
1977 $1,039 - $7,783 -
1976 $873 - $7,018 -
1975 $718 - $5,721 -
1974 $651 - $6,214 -
1973 $531 - $3,727 -
1972 $460 - $2,830 -
1971 $412 - $2,443 -
1970 $409 - $2,210 -
1969 $474 - $2,175 -
1968 $409 - $1,972 -
1967 $497 - $1,437 -
1966 $558 - $1,251 -
1965 $546 - $1,001 -
1964 - - $765 -
1963 - - $528 -
1962 - - $382 -
1961 - - $285.3 -
1960 - - $269 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Jordan's GDP per capita is $5,348, ranking 120/197, compared to $6,449 in Libya, ranking 112/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Libya ranks 118th at $14,304.

Economic indicators

Jordan Libya
Gross domestic product
$61.6B
2025
$48.1B
2025
GDP rank
90/197
2025
100/197
2025
GDP growth
2.83%
2024-2025
13.4%
2024-2025
GDP per capita
$5,348
2025
$6,449
2025
GDP per capita rank
120/197
2025
112/197
2025
GDP per capita, PPP
$10,821
2024
$14,304
2024
GDP per capita PPP rank
131/197
2024
118/197
2024
Government debt
$51B
2025
n/a
Debt-to-GDP ratio
82.8%
2025
n/a
Government debt per person
$4,430
2025
n/a
Government debt per person rank
91/185
2025
n/a
Average annual personal income after taxes
$4,506
2026
$3,426
2026
Market capitalization of domestic companies
$37.4B
2025
n/a
Income share by richest 10%
27.4%
2010
n/a
Income share by poorest 10%
3.5%
2010
n/a
Government expenditure, % of GDP
33.7%
2025
102.3%
2025
Consumer prices inflation
1.77%
2024-2025
1.84%
2024-2025
Central bank interest rate
5.75%
2025
n/a
Unemployment rate
16.8%
2024
30%
2004
Population
11538682
7580693

Government deficit by year

Deficit/surplus
Jordan

Libya
1x
Year Deficit/surplus, % of GDP
Jordan Libya
2025 -6.35% -31.1%
2024 -7.27% -25.9%
2023 -6.49% -7.16%
2022 -4.9% 23.6%
2021 -6.62% 14.8%
2020 -7.56% -22.3%
2019 -5.06% 11.9%
2018 -4.23% 9.39%
2017 -3.22% -11.1%
2016 -2.62% -29.3%
2015 -5.18% -28.5%
2014 -6.75% -30.5%
2013 -8.78% -16.3%
2012 -3.33% 24.6%
2011 -1.21% -11.5%
2010 0.19% 11.5%
2009 -2.28% -5.46%
2008 1.92% 27.7%
2007 2.76% 28.4%
2006 -1.86% 29.1%
2005 -2.2% 30.4%
2004 0.56% 11.3%
2003 -1.6% 6.17%
2002 -3.21% 6.99%
2001 -1.13% 0.07%
2000 -1.85% 13.6%
1999 -1.13% 5.69%
1998 -5.59% -2.36%
1997 -2.68% -2.1%
1996 -2.69% 11.3%
1995 -1.45% 3.8%
1994 -1.67% -2.67%
1993 -1.43% -5.77%
1992 2.07% 0.11%
1991 -8.1% 8.41%
1990 -6.82% 3.36%
1989 -6.89% -
1988 -13% -
1987 -13.4% -
1986 -2.39% -
1985 -6.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

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

In 2025, Jordan's government deficit, the difference between spending and revenue, was $3.91B, equivalent to 6.35% of GDP. This compares to Libya's deficit of $14.9B, or 31.1% of GDP.

Over the past 36 years, Jordan recorded a fiscal deficit in 31 of those years, while Libya ran a deficit in 15 years. On average, Jordan posted an annual deficit equal to 3.27% of GDP, compared to surplus of 1.4% of GDP for Libya.

Inflation comparison by year

Inflation
Jordan

Libya
1x
Year Consumer prices inflation
Jordan Libya
2025 1.77% 1.84%
2024 1.56% 2.13%
2023 2.08% 2.37%
2022 4.23% 4.51%
2021 1.35% 2.87%
2020 0.33% 1.45%
2019 0.76% -2.16%
2018 4.46% 13.2%
2017 3.32% 25.8%
2016 -0.78% 25.9%
2015 -0.88% 10.4%
2014 2.9% 2.43%
2013 4.82% 2.61%
2012 4.52% 6.06%
2011 4.16% 15.5%
2010 4.85% 2.8%
2009 -0.74% 2.46%
2008 14% 10.4%
2007 4.74% 6.25%
2006 6.25% 1.46%
2005 3.49% 2.65%
2004 3.36% -2.2%
2003 1.63% -2.19%
2002 1.83% -9.8%
2001 1.77% -8.81%
2000 0.67% -2.9%
1999 0.61% 2.65%
1998 3.09% 3.71%
1997 3.04% 3.55%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Jordan has recorded an average annual inflation rate of 2.87%, compared with 4.3% in Libya. In 2025, inflation was 1.77% in Jordan and 1.84% in Libya.

Top exports between countries

Jordan
Export category Export value
Chemicals & pharma $72.2M
Processed food, beverages & tobacco $15.8M
Raw materials & minerals $4.2M
Textiles & consumer goods $1.97M
Machinery & equipment $1.84M
Raw agricultural goods $1.35M
Wood & paper products $1.19M
Metals $415K
Animal & marine products $243K
Miscellaneous $198K
Libya
Export category Export value
Processed food, beverages & tobacco $104K
Animal & marine products $92K
Raw agricultural goods $10K
Textiles & consumer goods $4K

Balance of trade

Jordan Libya
Current account balance
-$3.13B
2024
$1.86B
2023
Current account balance ranking
152/190
2024
44/190
2023
Current account balance, % of GDP
-5.33%
2024
+4.24%
2023
Goods imports
$23.9B
2024
$23.2B
2023
Goods exports
$13.3B
2024
$37.1B
2023
Service imports
$6.5B
2024
$10.1B
2023
Service exports
$9.45B
2024
$642M
2023
Imports of goods and services, % of GDP
57.1%
2024
65.9%
2025
Exports of goods and services, % of GDP
42.6%
2024
71.7%
2025

Economic freedom indices

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

Jordan Libya
Economic freedom 59.3 35.9
Economic freedom ranking 104/197 189/197
Property rights 52.3 6.3
Government integrity 51 10.3
Judicial effectiveness 44 4.9
Tax burden 84.1 95
Government spending 67.2 0
Fiscal health 5.2 19.9
Business freedom 62.7 32.4
Labor freedom 51.3 48.2
Monetary freedom 81.2 75.2
Trade freedom 82 80
Investment freedom 70 5
Financial freedom 60 20

Economic freedom comparison by year

Jordan
Libya
1x
Year Economic freedom index
Jordan Libya
2026 59.3 -
2025 59.4 -
2024 58.3 -
2023 58.8 -
2022 60.1 -
2021 64.6 -
2020 66 -
2019 66.5 -
2018 64.9 -
2017 66.7 -
2016 68.3 -
2015 69.3 -
2014 69.2 -
2013 70.4 -
2012 69.9 35.9
2011 68.9 38.6
2010 66.1 40.2
2009 65.4 43.5
2008 64.1 38.7
2007 64.5 37
2006 63.7 33.2
2005 66.7 32.8
2004 66.1 31.5
2003 65.3 34.6
2002 66.2 35.4
2001 68.3 34
2000 67.5 34.7
1999 67.4 32.3
1998 66.8 32
1997 63.6 28.9
1996 60.8 31.7
1995 62.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 35.9 for Libya, ranking 189/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Libya
Services, % of GDP
56.8%
2025
26.9%
2025
Industry, % of GDP
27.4%
2025
73.2%
2025
Agriculture, forestry, and fishing, % of GDP
5.56%
2025
1.5%
2025
GNI, Atlas method
$60.6B
2025
$54.1B
2025
GNI per capita, PPP
$12,440
2025
$17,150
2025
Total reserves including gold
$26.6B
2025
$105B
2025
Total reserves ranking
61/177
2025
29/177
2025
Net foreign direct investment
-$1.58B
2024
-$795M
2023
Net inflows of foreign direct investment
$1.63B
2024
$0
2024
Net outflows of foreign direct investment
$54.1M
2024
-$56.5M
2024
Servicing debt to the IMF, % of GNI
7.85%
2024
n/a
Poverty at national poverty lines
14.2%
2020
7.4%
2005
Gross capital formation, % of GDP
23%
2021
14.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2019–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2004–2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, retrieved 2026-07-08)

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.