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Economy of Jordan vs Malawi compared: GDP & Debt

Updated on by Georank

Jordan has a GDP of $61.6B compared to $14.9B for Malawi, ranking 90/197 and 148/197 by economy size, respectively.

Jordan has $51B in government debt (82.8% of GDP), compared to $11.7B (78.4% of GDP) in Malawi.

Jordan vs Malawi GDP by year

Jordan
Malawi
1x
Year GDP, current $
Jordan Malawi
2025 $61,610,052,535 $14,918,276,698
2024 $58,618,380,563 $11,311,971,400
2023 $56,123,472,113 $13,363,669,673
2022 $53,516,930,141 $12,429,059,928
2021 $50,702,940,986 $12,378,119,199
2020 $47,931,770,986 $11,769,313,598
2019 $48,640,273,803 $11,051,852,713
2018 $47,435,850,423 $9,879,220,354
2017 $45,535,614,366 $8,943,543,794
2016 $43,688,498,732 $7,909,868,618
2015 $42,394,049,296 $9,219,474,379
2014 $40,535,098,592 $8,801,326,169
2013 $37,873,362,958 $8,031,571,928
2012 $34,854,017,887 $8,773,203,178
2011 $32,640,291,549 $11,648,142,958
2010 $30,202,773,521 $10,128,323,011
2009 $27,462,496,197 $9,009,887,947
2008 $25,651,620,831 $7,743,617,352
2007 $17,110,437,236 $6,451,210,219
2006 $15,056,981,664 $5,818,279,739
2005 $12,588,998,590 $5,320,409,651
2004 $11,411,706,629 $5,058,726,350
2003 $10,195,627,645 $4,669,789,300
2002 $9,582,510,578 $5,087,328,438
2001 $8,975,814,653 $2,498,008,665
2000 $8,460,789,845 $2,537,307,580
1999 $8,149,929,478 $2,584,478,924
1998 $7,912,270,804 $2,547,609,590
1997 $7,245,839,210 $3,875,785,863
1996 $6,927,503,526 $3,319,573,750
1995 $6,727,597,032 $2,033,701,498
1994 $6,236,295,978 $1,719,864,761
1993 $5,606,400,222 $3,013,392,658
1992 $5,310,833,194 $2,618,837,835
1991 $4,344,467,193 $3,206,783,830
1990 $4,160,087,508 $2,737,087,862
1989 $4,221,373,674 $2,314,205,130
1988 $6,277,451,829 $2,008,189,508
1987 $6,756,209,762 $1,721,711,808
1986 $6,402,050,485 $1,722,586,299
1985 $4,993,601,520 $1,646,442,273
1984 $4,967,162,160 $1,758,028,656
1983 $4,920,692,191 $1,780,148,049
1982 $4,681,240,993 $1,717,379,495
1981 $4,383,944,703 $1,801,193,910
1980 $3,910,044,474 $1,801,156,775
1979 $3,271,368,781 -
1978 $2,602,208,589 -
1977 $2,096,778,602 -
1976 $1,708,521,219 -
1975 $1,363,073,498 -
1974 $1,197,483,949 -
1973 $943,783,840 -
1972 $788,479,685 -
1971 $678,159,729 -
1970 $639,519,744 -
1969 $698,879,720 -
1968 $561,119,776 -
1967 $631,679,747 -
1966 $657,999,737 -
1965 $599,759,760 -

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

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

GDP per capita in Jordan vs Malawi by year

Jordan
GDP per capita

GDP per capita, PPP
Malawi
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Malawi
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,348 - $672 -
2024 $5,074 $10,821 $522 $1,858
2023 $4,906 $10,412 $633 $1,830
2022 $4,754 $9,927 $604 $1,778
2021 $4,582 $9,182 $617 $1,688
2020 $4,411 $9,579 $603 $1,513
2019 $4,558 $9,429 $581 $1,450
2018 $4,534 $9,042 $533 $1,364
2017 $4,449 $9,266 $496 $1,380
2016 $4,366 $8,748 $451 $1,410
2015 $4,442 $8,967 $540 $1,403
2014 $4,611 $9,145 $530 $1,506
2013 $4,739 $9,817 $497 $1,558
2012 $4,594 $9,739 $558 $1,464
2011 $4,363 $9,632 $763 $1,516
2010 $4,139 $9,417 $683 $1,458
2009 $3,845 $9,291 $626 $1,388
2008 $3,670 $8,983 $554 $1,311
2007 $2,506 $8,416 $475 $1,231
2006 $2,343 $8,046 $441 $1,124
2005 $2,088 $7,697 $414 $1,071
2004 $1,940 $7,074 $405 $1,033
2003 $1,776 $6,500 $383 $979
2002 $1,706 $6,256 $428 $931
2001 $1,632 $5,948 $215.5 $924
2000 $1,571 $5,641 $224.2 $974
1999 $1,545 $5,402 $233.9 $961
1998 $1,532 $5,264 $236 $941
1997 $1,436 $5,171 $367 $915
1996 $1,410 $5,055 $321 $884
1995 $1,416 $5,027 $200.4 $825
1994 $1,367 $4,830 $169.2 $692
1993 $1,289 $4,726 $293 $746
1992 $1,287 $4,654 $258.4 $674
1991 $1,110 $4,195 $326 $732
1990 $1,149 $4,317 $286.7 $672
1989 $1,260 - $252.2 -
1988 $1,966 - $229.4 -
1987 $2,217 - $207.6 -
1986 $2,200 - $217.9 -
1985 $1,797 - $216.1 -
1984 $1,871 - $239.7 -
1983 $1,939 - $252.4 -
1982 $1,929 - $253.3 -
1981 $1,885 - $276.4 -
1980 $1,750 - $287.5 -
1979 $1,519 - - -
1978 $1,249 - - -
1977 $1,039 - - -
1976 $873 - - -
1975 $718 - - -
1974 $651 - - -
1973 $531 - - -
1972 $460 - - -
1971 $412 - - -
1970 $409 - - -
1969 $474 - - -
1968 $409 - - -
1967 $497 - - -
1966 $558 - - -
1965 $546 - - -

Data sources: World Bank | Economy & Growth (1965–2025, retrieved 2026-07-08).

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

Jordan's GDP per capita is $5,348, ranking 120/197, compared to $672 in Malawi, ranking 190/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Malawi ranks 189th at $1,858.

Economic indicators

Jordan Malawi
Gross domestic product
$61.6B
2025
$14.9B
2025
GDP rank
90/197
2025
148/197
2025
GDP growth
2.83%
2024-2025
1.89%
2024-2025
GDP per capita
$5,348
2025
$672
2025
GDP per capita rank
120/197
2025
190/197
2025
GDP per capita, PPP
$10,821
2024
$1,858
2024
GDP per capita PPP rank
131/197
2024
189/197
2024
Government debt
$51B
2025
$11.7B
2025
Debt-to-GDP ratio
82.8%
2025
78.4%
2025
Government debt per person
$4,430
2025
$526
2025
Government debt per person rank
91/185
2025
166/185
2025
Average annual personal income after taxes
$4,506
2026
$1,255
2026
Market capitalization of domestic companies
$37.4B
2025
n/a
Income share by richest 10%
27.4%
2010
31%
2019
Income share by poorest 10%
3.5%
2010
2.9%
2019
Government expenditure, % of GDP
33.7%
2025
30.6%
2025
Consumer prices inflation
1.77%
2024-2025
28.4%
2024-2025
Central bank interest rate
5.75%
2025
24%
2026
Unemployment rate
16.8%
2024
15.4%
2024
Population
11538682
23086106

Spending and national debt comparison by year

Jordan
Spending

Debt
Malawi
Spending

Debt
1x
Year % of GDP
Jordan Malawi
Government spending Government debt Government spending Government debt
2025 33.7% 82.8% 30.6% 78.4%
2024 34.6% 82.1% 29.5% 87.6%
2023 33.9% 81% 25.5% 86.7%
2022 32.8% 80.7% 26.7% 75.7%
2021 33.8% 79.9% 23.7% 66.5%
2020 33% 77.9% 22.7% 53.9%
2019 32.7% 69.4% 19.3% 41.2%
2018 33.3% 67.9% 19.4% 40.8%
2017 31.7% 69.1% 21% 40%
2016 30% 70.7% 19.7% 37.1%
2015 32.3% 71.4% 19.5% 35.5%
2014 36.3% 68.2% 18.3% 33.5%
2013 34.5% 68.8% 20.7% 35.3%
2012 28.3% 64% 18.8% 28.6%
2011 29.3% 56.1% 17% 20%
2010 26.6% 53.4% 19.6% 19.3%
2009 30.7% 51.8% 20.2% 23.5%
2008 29.6% 47.9% 20.6% 23.5%
2007 32.4% 58.2% 20.7% 18.9%
2006 34% 60% 17.8% 17.9%
2005 36.6% 66.1% 17.4% 70.9%
2004 35.1% 73.8% 17.2% 74.7%
2003 35% 80.4% 15.4% 84.7%
2002 31.6% 85.9% 13.8% 101.5%
2001 30.6% 85.5% - -
2000 31.2% 89.9% - -
1999 31.8% 98.7% - -
1998 32.3% 96.3% - -
1997 30.7% 94.7% - -
1996 32.6% 101.2% - -
1995 32.1% 102.4% - -
1994 30.6% 112.1% - -
1993 32.5% 122.1% - -
1992 31.7% 134.7% - -
1991 39.6% 180.5% - -
1990 39.9% 197.7% - -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08).

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

In 2025, Jordan's government spending was $20.8B, accounting for 33.7% of its GDP, while Malawi spent $4.56B, or 30.6% of GDP.

Debt-to-GDP ratio is 82.8% in Jordan and 78.4% in Malawi, ranking 39/185 and 47/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Malawi
1x
Year Deficit/surplus, % of GDP
Jordan Malawi
2025 -6.35% -11.5%
2024 -7.27% -11%
2023 -6.49% -7.84%
2022 -4.9% -9.32%
2021 -6.62% -8.34%
2020 -7.56% -8.03%
2019 -5.06% -4.55%
2018 -4.23% -4.35%
2017 -3.22% -5.15%
2016 -2.62% -4.9%
2015 -5.18% -4.17%
2014 -6.75% -3.08%
2013 -8.78% -3.73%
2012 -3.33% -1.45%
2011 -1.21% -2.85%
2010 0.19% 0.63%
2009 -2.28% -2.97%
2008 1.92% -2.92%
2007 2.76% -2.56%
2006 -1.86% -0.05%
2005 -2.2% -1.63%
2004 0.56% -2.61%
2003 -1.6% -2.6%
2002 -3.21% -4.47%
2001 -1.13% -
2000 -1.85% -
1999 -1.13% -
1998 -5.59% -
1997 -2.68% -
1996 -2.69% -
1995 -1.45% -
1994 -1.67% -
1993 -1.43% -
1992 2.07% -
1991 -8.1% -
1990 -6.82% -
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/malawi | 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 Malawi's deficit of $1.71B, or 11.5% of GDP.

Over the past 24 years, Jordan recorded a fiscal deficit in 20 of those years, while Malawi ran a deficit in 23 years. On average, Jordan posted an annual deficit equal to 3.55% of GDP, compared to deficit of 4.56% of GDP for Malawi.

Inflation comparison by year

Inflation
Jordan

Malawi
1x
Year Consumer prices inflation
Jordan Malawi
2025 1.77% 28.4%
2024 1.56% 32.2%
2023 2.08% 28.8%
2022 4.23% 20.8%
2021 1.35% 9.3%
2020 0.33% 8.6%
2019 0.76% 9.4%
2018 4.46% 9.2%
2017 3.32% 11.5%
2016 -0.78% 21.7%
2015 -0.88% 21.9%
2014 2.9% 23.8%
2013 4.82% 28.3%
2012 4.52% 21.3%
2011 4.16% 7.6%
2010 4.85% 7.4%
2009 -0.74% 8.4%
2008 14% 8.7%
2007 4.74% 7.9%
2006 6.25% 13.9%
2005 3.49% 15.5%
2004 3.36% 11.4%
2003 1.63% 9.6%
2002 1.83% 14.7%
2001 1.77% 22.7%
2000 0.67% 29.6%
1999 0.61% 44.8%
1998 3.09% 29.8%
1997 3.04% 9.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Jordan has recorded an average annual inflation rate of 2.87%, compared with 17.8% in Malawi. In 2025, inflation was 1.77% in Jordan and 28.4% in Malawi.

Top exports between countries

Jordan
Export category Export value
Textiles & consumer goods $8K
Machinery & equipment $6K
Raw materials & minerals $6K
Malawi
Export category Export value
Processed food, beverages & tobacco $3.08M
Raw agricultural goods $598K
Textiles & consumer goods $7K
Machinery & equipment $5K
Metals $1K

Balance of trade

Jordan Malawi
Current account balance
-$3.13B
2024
-$2.13B
2024
Current account balance ranking
152/190
2024
143/190
2024
Current account balance, % of GDP
-5.33%
2024
-18.8%
2024
Goods imports
$23.9B
2024
$3.02B
2024
Goods exports
$13.3B
2024
$1.02B
2024
Service imports
$6.5B
2024
$895M
2024
Service exports
$9.45B
2024
$508M
2024
Imports of goods and services, % of GDP
57.1%
2024
28.8%
2025
Exports of goods and services, % of GDP
42.6%
2024
10.6%
2025

Economic freedom indices

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

Jordan Malawi
Economic freedom 59.3 50.7
Economic freedom ranking 104/197 159/197
Property rights 52.3 49.5
Government integrity 51 35
Judicial effectiveness 44 51.8
Tax burden 84.1 77
Government spending 67.2 77.8
Fiscal health 5.2 4.7
Business freedom 62.7 34.1
Labor freedom 51.3 55.2
Monetary freedom 81.2 55.1
Trade freedom 82 68.6
Investment freedom 70 50
Financial freedom 60 50

Economic freedom comparison by year

Jordan
Malawi
1x
Year Economic freedom index
Jordan Malawi
2026 59.3 50.7
2025 59.4 50.9
2024 58.3 52.1
2023 58.8 52.8
2022 60.1 53
2021 64.6 53
2020 66 52.8
2019 66.5 51.4
2018 64.9 52
2017 66.7 52.2
2016 68.3 51.8
2015 69.3 54.8
2014 69.2 55.4
2013 70.4 55.3
2012 69.9 56.4
2011 68.9 55.8
2010 66.1 54.1
2009 65.4 53.7
2008 64.1 52.7
2007 64.5 52.9
2006 63.7 55.4
2005 66.7 53.6
2004 66.1 53.6
2003 65.3 53.2
2002 66.2 56.9
2001 68.3 56.2
2000 67.5 57.4
1999 67.4 54
1998 66.8 54.1
1997 63.6 53.4
1996 60.8 56.2
1995 62.7 54.7

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 50.7 for Malawi, ranking 159/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Malawi
Services, % of GDP
56.8%
2025
48.7%
2025
Industry, % of GDP
27.4%
2025
14.3%
2025
Agriculture, forestry, and fishing, % of GDP
5.56%
2025
30%
2025
GNI, Atlas method
$60.6B
2025
$13.4B
2025
GNI per capita, PPP
$12,440
2025
$1,880
2025
Total reserves including gold
$26.6B
2025
$594M
2020
Total reserves ranking
61/177
2025
154/177
2020
Net foreign direct investment
-$1.58B
2024
-$202M
2024
Net inflows of foreign direct investment
$1.63B
2024
$258M
2024
Net outflows of foreign direct investment
$54.1M
2024
$56.4M
2024
Servicing debt to the IMF, % of GNI
7.85%
2024
1.47%
2024
Poverty at national poverty lines
14.2%
2020
50.7%
2019
Gross capital formation, % of GDP
23%
2021
15.7%
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/malawi | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2025, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.