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Economy of Jordan vs Malaysia compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $422B for Malaysia, ranking 90/197 and 38/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $296B (70.1% of GDP) in Malaysia.

Jordan vs Malaysia GDP by year

Jordan
Malaysia
1x
Year GDP, current $
Jordan Malaysia
2024 $53,352,289,577 $422,227,005,429
2023 $51,088,476,338 $399,949,418,753
2022 $48,764,963,380 $407,830,525,990
2021 $46,296,100,141 $373,784,553,030
2020 $43,700,383,099 $337,456,163,961
2019 $44,503,006,338 $365,177,721,022
2018 $43,370,860,704 $358,788,845,713
2017 $41,608,435,915 $319,109,094,160
2016 $39,892,551,127 $301,256,033,870
2015 $38,587,017,887 $301,355,266,965
2014 $36,847,643,521 $338,066,095,097
2013 $34,454,440,141 $323,276,235,524
2012 $31,634,561,690 $314,443,047,642
2011 $29,524,149,155 $297,951,668,675
2010 $27,133,804,225 $255,017,638,456
2009 $24,537,876,056 $202,257,453,037
2008 $22,658,715,989 $230,811,614,370
2007 $17,110,437,236 $193,549,569,478
2006 $15,056,981,664 $162,692,258,307
2005 $12,588,998,590 $143,534,405,819
2004 $11,411,706,629 $124,749,473,684
2003 $10,195,627,645 $110,202,368,421
2002 $9,582,510,578 $100,845,526,316
2001 $8,975,814,653 $92,783,947,368
2000 $8,460,789,845 $93,789,736,842
1999 $8,149,929,478 $79,148,421,053
1998 $7,912,270,804 $72,167,498,981
1997 $7,245,839,210 $100,005,323,302
1996 $6,927,503,526 $100,855,393,910
1995 $6,727,597,032 $88,705,342,903
1994 $6,236,295,978 $74,478,356,958
1993 $5,606,400,222 $66,894,966,969
1992 $5,310,833,194 $59,167,550,163
1991 $4,344,467,193 $49,143,148,094
1990 $4,160,087,508 $44,024,585,240
1989 $4,221,373,674 $38,847,965,293
1988 $6,277,451,829 $35,272,109,220
1987 $6,756,209,762 $32,181,210,158
1986 $6,402,050,485 $27,734,111,400
1985 $4,993,601,520 $31,199,633,353
1984 $4,967,162,160 $33,942,897,422
1983 $4,920,692,191 $30,347,442,111
1982 $4,681,240,993 $26,804,493,635
1981 $4,383,944,703 $25,004,285,792
1980 $3,910,044,474 $24,488,224,677
1979 $3,271,368,781 $21,213,264,962
1978 $2,602,208,589 $16,358,079,862
1977 $2,096,778,602 $13,139,488,633
1976 $1,708,521,219 $11,050,234,599
1975 $1,363,073,498 $9,298,800,799
1974 $1,197,483,949 $9,496,204,302
1973 $943,783,840 $7,662,902,678
1972 $788,479,685 $5,043,347,250
1971 $678,159,729 $4,244,395,956
1970 $639,519,744 $3,864,145,667
1969 $698,879,720 $3,664,552,041
1968 $561,119,776 $3,330,371,551
1967 $631,679,747 $3,188,924,677
1966 $657,999,737 $3,143,517,944
1965 $599,759,760 $2,956,337,669
1964 - $2,674,423,922
1963 - $2,510,110,348
1962 - $2,001,489,602
1961 - $1,901,856,123
1960 - $1,916,229,477

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

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

GDP per capita in Jordan vs Malaysia by year

Jordan
GDP per capita

GDP per capita, PPP
Malaysia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Malaysia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $11,874 $38,779
2023 $4,466 $10,412 $11,386 $36,467
2022 $4,332 $9,927 $11,755 $34,420
2021 $4,183 $9,182 $10,903 $29,823
2020 $4,022 $9,579 $9,958 $27,475
2019 $4,170 $9,429 $10,920 $28,934
2018 $4,145 $9,042 $10,902 $27,794
2017 $4,066 $9,266 $9,863 $26,416
2016 $3,987 $8,748 $9,477 $25,286
2015 $4,043 $8,967 $9,649 $24,526
2014 $4,191 $9,145 $11,013 $24,307
2013 $4,311 $9,817 $10,714 $23,161
2012 $4,170 $9,739 $10,601 $22,639
2011 $3,947 $9,632 $10,217 $21,324
2010 $3,718 $9,417 $8,899 $20,193
2009 $3,436 $9,291 $7,191 $18,923
2008 $3,242 $8,983 $8,372 $19,480
2007 $2,506 $8,416 $7,169 $18,617
2006 $2,343 $8,046 $6,158 $17,426
2005 $2,088 $7,697 $5,556 $16,371
2004 $1,940 $7,074 $4,939 $15,416
2003 $1,776 $6,500 $4,465 $14,387
2002 $1,706 $6,256 $4,184 $13,656
2001 $1,632 $5,948 $3,944 $13,072
2000 $1,571 $5,641 $4,084 $13,027
1999 $1,545 $5,402 $3,528 $11,980
1998 $1,532 $5,264 $3,294 $11,398
1997 $1,436 $5,171 $4,679 $12,469
1996 $1,410 $5,055 $4,837 $11,709
1995 $1,416 $5,027 $4,363 $10,720
1994 $1,367 $4,830 $3,758 $9,806
1993 $1,289 $4,726 $3,462 $9,018
1992 $1,287 $4,654 $3,141 $8,224
1991 $1,110 $4,195 $2,679 $7,583
1990 $1,149 $4,317 $2,469 $6,887
1989 $1,260 - $2,244 -
1988 $1,966 - $2,100 -
1987 $2,217 - $1,977 -
1986 $2,200 - $1,760 -
1985 $1,797 - $2,046 -
1984 $1,871 - $2,300 -
1983 $1,939 - $2,124 -
1982 $1,929 - $1,938 -
1981 $1,885 - $1,866 -
1980 $1,750 - $1,886 -
1979 $1,519 - $1,680 -
1978 $1,249 - $1,327 -
1977 $1,039 - $1,092 -
1976 $873 - $940 -
1975 $718 - $811 -
1974 $651 - $848 -
1973 $531 - $701 -
1972 $460 - $472 -
1971 $412 - $407 -
1970 $409 - $380 -
1969 $474 - $368 -
1968 $409 - $342 -
1967 $497 - $335 -
1966 $558 - $339 -
1965 $546 - $326 -
1964 - - $303 -
1963 - - $291.8 -
1962 - - $238.8 -
1961 - - $232.9 -
1960 - - $240.8 -

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

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

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $11,874 in Malaysia, ranking 79/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Malaysia ranks 60th at $38,779.

Economic indicators

Jordan Malaysia
Gross domestic product
$53.4B
2024
$422B
2024
GDP rank
90/197
2024
38/197
2024
GDP growth
2.49%
2023-2024
5.11%
2023-2024
GDP per capita
$4,618
2024
$11,874
2024
GDP per capita rank
123/197
2024
79/197
2024
GDP per capita, PPP
$10,821
2024
$38,779
2024
GDP per capita PPP rank
131/197
2024
60/197
2024
Government debt
$48.1B
2024
$296B
2024
Debt-to-GDP ratio
90.2%
2024
70.1%
2024
Government debt per person
$4,167
2024
$8,322
2024
Government debt per person rank
91/185
2024
62/185
2024
Average annual personal income after taxes
$4,787
2026
$11,005
2026
Market capitalization of domestic companies
$24.9B
2024
$449B
2024
Number of billionaires n/a
19
2025
Income share by richest 10%
27.4%
2010
30.9%
2021
Income share by poorest 10%
3.5%
2010
2.3%
2021
Government expenditure, % of GDP
33%
2024
23.9%
2024
Consumer prices inflation
1.56%
2023-2024
1.83%
2023-2024
Central bank interest rate
5.75%
2025
2.75%
2025
Unemployment rate
16.6%
2023
3.93%
2022
Population
11555022
36512221

Spending and national debt comparison by year

Jordan
Spending

Debt
Malaysia
Spending

Debt
1x
Year % of GDP
Jordan Malaysia
Government spending Government debt Government spending Government debt
2024 33% 90.2% 23.9% 70.1%
2023 32.9% 89% 24.9% 69.7%
2022 33.3% 88.6% 24.6% 65.5%
2021 34.1% 87.6% 24.5% 69.2%
2020 33.7% 104.5% 25% 67.7%
2019 32.4% 92.9% 23.6% 57.1%
2018 32% 87.4% 22.8% 55.6%
2017 29.6% 86.1% 22% 54.4%
2016 29.8% 85% 22.9% 55.8%
2015 31.7% 83.4% 24.7% 57%
2014 39.2% 78.6% 26% 55.4%
2013 36.4% 78.1% 27.8% 55.7%
2012 32.2% 73.8% 28.5% 53.8%
2011 27.4% 63.9% 27.1% 51.9%
2010 29.8% 59.5% 26.6% 51.2%
2009 35.9% 55.5% 30.9% 50.4%
2008 35.8% 53.2% 26.9% 39.4%
2007 37.7% 64.4% 25.9% 39.3%
2006 34.7% 65.6% 25.6% 39.7%
2005 37.3% 80.5% 24.5% 40.8%
2004 36.6% 86% 25.9% 42%
2003 36% 94.6% 28.1% 41.4%
2002 32.9% 91.3% 27.1% 39.5%
2001 32.1% 89.7% 28.2% 38.1%
2000 33.1% 85.6% 25.6% 32.5%
1999 32.7% 98.1% 24.6% 34.4%
1998 34.9% 99.8% 23.1% 33.6%
1997 33.9% 98.1% 21.2% 29.6%
1996 36.2% 104.9% 22.4% 32.8%
1995 35.5% 106.1% 22.6% 38.2%
1994 34.3% 116.2% 23.3% 43.7%
1993 36.4% 126.6% 24.6% 51.1%
1992 35.5% 139.6% 28.2% 59.1%
1991 44.9% 187% 27.4% 67.3%
1990 44% 204.8% 30.5% 74.1%
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/malaysia | CC BY

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Malaysia spent $101B, or 23.9% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 70.1% in Malaysia, ranking 32/185 and 58/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Malaysia
1x
Year Deficit/surplus, % of GDP
Jordan Malaysia
2024 -7.33% -3.95%
2023 -6.89% -3.97%
2022 -6.8% -4.56%
2021 -8.45% -6.03%
2020 -10.1% -4.9%
2019 -7.19% -2.01%
2018 -5.78% -2.64%
2017 -3.61% -2.41%
2016 -3.71% -2.6%
2015 -7.1% -2.55%
2014 -15.5% -2.63%
2013 -16.1% -3.48%
2012 -13.8% -3.1%
2011 -5.61% -3.57%
2010 -5.43% -4.32%
2009 -8.66% -5.88%
2008 -5.38% -3.4%
2007 -5.45% -2.57%
2006 -3.82% -2.6%
2005 -5.36% -2.83%
2004 -1.09% -3.35%
2003 -2.52% -4.6%
2002 -4.44% -3.96%
2001 -2.77% -4.36%
2000 -3.99% -6.05%
1999 -2.69% -3%
1998 -5.4% -0.63%
1997 -2.97% 4.84%
1996 -3.25% 3.27%
1995 -1.72% 3.1%
1994 -2.3% 5.45%
1993 -2.14% 3.44%
1992 1.87% 1.81%
1991 -10.2% 1.6%
1990 -7.45% 0.15%
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/malaysia | 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 Malaysia's deficit of $16.7B, or 3.95% of GDP.

Over the past 35 years, Jordan recorded a fiscal deficit in 34 of those years, while Malaysia ran a deficit in 27 years. On average, Jordan posted an annual deficit equal to 5.8% of GDP, compared to deficit of 2.07% of GDP for Malaysia.

Inflation comparison by year

Inflation
Jordan

Malaysia
1x
Year Consumer prices inflation
Jordan Malaysia
2024 1.56% 1.83%
2023 2.08% 2.49%
2022 4.23% 3.38%
2021 1.35% 2.48%
2020 0.33% -1.14%
2019 0.76% 0.66%
2018 4.46% 0.88%
2017 3.32% 3.87%
2016 -0.78% 2.09%
2015 -0.88% 2.1%
2014 2.9% 3.14%
2013 4.82% 2.11%
2012 4.52% 1.66%
2011 4.16% 3.17%
2010 4.85% 1.62%
2009 -0.74% 0.58%
2008 14% 5.44%
2007 4.74% 2.03%
2006 6.25% 3.61%
2005 3.49% 2.98%
2004 3.36% 1.42%
2003 1.63% 1.09%
2002 1.83% 1.81%
2001 1.77% 1.42%
2000 0.67% 1.53%
1999 0.61% 2.74%
1998 3.09% 5.27%
1997 3.04% 2.66%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 2.25% in Malaysia. In 2024, inflation was 1.56% in Jordan and 1.83% in Malaysia.

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $51.2M
Metals $3.3M
Processed food, beverages & tobacco $1.09M
Machinery & equipment $880K
Raw agricultural goods $773K
Textiles & consumer goods $277K
Chemicals & pharma $137K
Animal & marine products $86K
Wood & paper products $1K
Malaysia
Export category Export value
Processed food, beverages & tobacco $53.5M
Textiles & consumer goods $32M
Chemicals & pharma $26.7M
Machinery & equipment $7.81M
Raw materials & minerals $6.54M
Metals $2.31M
Wood & paper products $1.92M
Precious metals & jewellery $1.41M
Animal & marine products $414K
Miscellaneous $189K

Balance of trade

Jordan Malaysia
Current account balance
-$3.13B
2024
$7.15B
2024
Current account balance ranking
158/190
2024
26/190
2024
Current account balance, % of GDP
-5.86%
2024
+1.69%
2024
Goods imports
$23.9B
2024
$223B
2024
Goods exports
$13.3B
2024
$248B
2024
Service imports
$6.5B
2024
$56.4B
2024
Service exports
$9.45B
2024
$53.4B
2024
Imports of goods and services, % of GDP
57.1%
2024
66%
2024
Exports of goods and services, % of GDP
42.6%
2024
71.3%
2024

Economic freedom indices

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

Jordan Malaysia
Economic freedom 59.3 68
Economic freedom ranking 104/197 51/197
Property rights 52.3 62.7
Government integrity 51 52.9
Judicial effectiveness 44 63.4
Tax burden 84.1 83.5
Government spending 67.2 82
Fiscal health 5.2 62.5
Business freedom 62.7 79.6
Labor freedom 51.3 55.4
Monetary freedom 81.2 80.8
Trade freedom 82 83
Investment freedom 70 60
Financial freedom 60 50

Economic freedom comparison by year

Jordan
Malaysia
1x
Year Economic freedom index
Jordan Malaysia
2026 59.3 68
2025 59.4 67.1
2024 58.3 65.7
2023 58.8 67.3
2022 60.1 68.1
2021 64.6 74.4
2020 66 74.7
2019 66.5 74
2018 64.9 74.5
2017 66.7 73.8
2016 68.3 71.5
2015 69.3 70.8
2014 69.2 69.6
2013 70.4 66.1
2012 69.9 66.4
2011 68.9 66.3
2010 66.1 64.8
2009 65.4 64.6
2008 64.1 63.9
2007 64.5 63.8
2006 63.7 61.6
2005 66.7 61.9
2004 66.1 59.9
2003 65.3 61.1
2002 66.2 60.1
2001 68.3 60.2
2000 67.5 66
1999 67.4 68.9
1998 66.8 68.2
1997 63.6 66.8
1996 60.8 69.9
1995 62.7 71.9

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 68 for Malaysia, ranking 51/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Malaysia
Services, % of GDP
60.4%
2024
53.7%
2024
Industry, % of GDP
25.1%
2024
37%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
8.13%
2024
GNI, Atlas method
$51.2B
2024
$414B
2024
GNI per capita, PPP
$10,570
2024
$37,450
2024
Total reserves including gold
$21.9B
2024
$116B
2024
Total reserves ranking
60/177
2024
24/177
2024
Net foreign direct investment
-$1.58B
2024
-$2.55B
2024
Net inflows of foreign direct investment
$1.63B
2024
$15.6B
2024
Net outflows of foreign direct investment
$54.1M
2024
$13B
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
n/a
Poverty at national poverty lines
14.2%
2020
5.8%
2023
Gross capital formation, % of GDP
25.2%
2021
22%
2024

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/malaysia | 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 (2020–2024, 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.