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Economy of Jordan vs Mozambique compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $22.4B for Mozambique, ranking 91/197 and 123/197 by economy size, respectively.

Jordan has $51.2B in government debt (92.6% of GDP), compared to $21.7B (101.1% of GDP) in Mozambique.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Jordan
GDP, current $

GDP, constant 2015 $
Mozambique
GDP, current $

GDP, constant 2015 $
Year GDP
Jordan Mozambique
Current $ Constant $ Current $ Constant $
1965 $599,759,760 - - -
1966 $657,999,737 - - -
1967 $631,679,747 - - -
1968 $561,119,776 - - -
1969 $698,879,720 - - -
1970 $639,519,744 - - -
1971 $678,159,729 - - -
1972 $788,479,685 - - -
1973 $943,783,840 - - -
1974 $1,197,483,949 - - -
1975 $1,363,073,498 - - -
1976 $1,708,521,219 $5,730,509,541 - -
1977 $2,096,778,602 $6,206,050,653 - -
1978 $2,602,208,589 $7,117,071,955 - -
1979 $3,271,368,781 $8,597,629,976 - -
1980 $3,910,044,474 $9,559,261,689 - $2,851,825,334
1981 $4,383,944,703 $11,201,420,243 - $2,994,416,685
1982 $4,681,240,993 $11,988,425,688 - $2,787,801,951
1983 $4,920,692,191 $11,722,313,981 - $2,350,116,988
1984 $4,967,162,160 $12,225,399,096 - $2,197,359,386
1985 $4,993,601,520 $11,894,464,002 - $2,219,332,908
1986 $6,402,050,485 $12,549,210,740 - $2,168,288,339
1987 $6,756,209,762 $12,840,763,338 - $2,487,026,735
1988 $6,277,451,829 $13,028,517,104 - $2,690,962,807
1989 $4,221,373,674 $11,630,658,935 - $2,865,875,512
1990 $4,160,087,508 $11,598,569,492 - $2,894,534,062
1991 $4,344,467,193 $11,785,136,086 $3,854,856,435 $3,037,102,926
1992 $5,310,833,194 $13,476,276,723 $2,798,696,511 $2,806,992,351
1993 $5,606,400,222 $14,080,955,882 $2,883,161,897 $3,114,089,525
1994 $6,236,295,978 $14,780,987,323 $2,958,108,170 $3,314,642,611
1995 $6,727,597,032 $15,697,537,789 $3,061,646,174 $3,385,008,954
1996 $6,927,503,526 $16,025,148,664 $4,030,146,135 $3,747,066,498
1997 $7,245,839,210 $16,555,336,763 $4,873,663,775 $4,189,780,379
1998 $7,912,270,804 $17,054,012,096 $5,551,118,149 $4,624,228,448
1999 $8,149,929,478 $17,632,063,087 $6,285,219,691 $5,170,672,900
2000 $8,460,789,845 $18,380,669,692 $5,930,685,215 $5,210,292,404
2001 $8,975,814,653 $19,349,323,187 $5,650,154,067 $5,879,902,616
2002 $9,582,510,578 $20,468,450,875 $5,950,769,427 $6,448,401,314
2003 $10,195,627,645 $21,320,279,754 $6,583,526,861 $6,913,827,632
2004 $11,411,706,629 $23,146,833,798 $7,937,255,565 $7,481,086,790
2005 $12,588,998,590 $25,032,512,559 $8,868,504,900 $7,953,294,767
2006 $15,056,981,664 $27,058,387,611 $9,509,835,537 $8,741,520,167
2007 $17,110,437,236 $29,270,727,369 $10,811,456,006 $9,410,189,984
2008 $22,658,715,989 $31,384,186,979 $12,920,340,965 $10,057,425,621
2009 $24,537,876,056 $32,960,837,542 $12,263,894,790 $10,653,727,557
2010 $27,133,804,225 $33,723,826,288 $11,411,894,724 $11,365,367,724
2011 $29,524,149,155 $34,646,908,078 $14,619,279,989 $12,176,179,698
2012 $31,634,561,690 $35,488,605,512 $16,688,114,144 $13,149,604,768
2013 $34,454,440,141 $36,414,839,440 $17,198,073,057 $14,013,719,723
2014 $36,847,643,521 $37,647,146,046 $17,978,246,586 $15,093,136,077
2015 $38,587,017,887 $38,587,017,887 $16,208,985,770 $16,208,985,770
2016 $39,892,551,127 $39,356,512,808 $12,069,051,237 $16,970,320,250
2017 $41,608,435,915 $40,330,034,783 $13,264,640,646 $17,418,032,490
2018 $43,370,860,704 $41,103,996,750 $15,017,358,953 $18,025,039,082
2019 $44,503,006,338 $41,823,826,702 $15,512,759,047 $18,442,825,952
2020 $43,700,383,099 $41,362,613,666 $14,235,420,174 $18,217,911,540
2021 $46,296,100,141 $42,874,683,401 $16,168,055,475 $18,651,030,678
2022 $48,764,963,380 $44,009,762,840 $18,883,528,581 $19,465,045,725
2023 $51,088,476,338 $45,279,041,101 $20,954,220,984 $20,523,332,839
2024 $53,352,289,577 $46,405,988,481 $22,416,650,343 $20,903,378,791

Economic indicators

Jordan Mozambique
Gross domestic product
$53.4B
2024
$22.4B
2024
GDP rank
91/197
2024
123/197
2024
GDP growth
4.43%
2023-2024
6.98%
2023-2024
GDP per capita
$4,618
2024
$647
2024
GDP per capita rank
124/197
2024
190/197
2024
GDP per capita, PPP
$10,821
2024
$1,700
2024
Government debt
$51.2B
2024
$21.7B
2024
Debt-to-GDP ratio
92.6%
2025
101.1%
2025
Government debt per person
$4,429
2024
$625
2024
Government debt per person rank
88/185
2024
158/185
2024
Average annual personal income after taxes
$5,420
2025
$2,107
2025
Market capitalization of domestic companies
$24.9B
2024
n/a
Income share by richest 10%
27.4%
2010
40.8%
2022
Income share by poorest 10%
3.5%
2010
1.7%
2022
Government expenditure, % of GDP
31.3%
2025
32.2%
2025
Consumer prices inflation
1.56%
2023-2024
4.9%
2024-2025
Central bank interest rate
6.25%
2025
10.3%
2025
Unemployment rate
16.6%
2023
6.79%
2022
Population
11575983
36441519

GDP per capita in Jordan vs Mozambique

Jordan's GDP per capita is $4,618, ranking 124/197, compared to $647 in Mozambique, ranking 190/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Mozambique ranks 193rd at $1,700.

Jordan
GDP per capita

GDP per capita, PPP
Mozambique
GDP per capita

GDP per capita, PPP
Year Current $
Jordan Mozambique
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1965 $546 - - -
1966 $558 - - -
1967 $497 - - -
1968 $409 - - -
1969 $474 - - -
1970 $409 - - -
1971 $412 - - -
1972 $460 - - -
1973 $531 - - -
1974 $651 - - -
1975 $718 - - -
1976 $873 - - -
1977 $1,039 - - -
1978 $1,249 - - -
1979 $1,519 - - -
1980 $1,750 - - -
1981 $1,885 - - -
1982 $1,929 - - -
1983 $1,939 - - -
1984 $1,871 - - -
1985 $1,797 - - -
1986 $2,200 - - -
1987 $2,217 - - -
1988 $1,966 - - -
1989 $1,260 - - -
1990 $1,149 $4,317 - $296
1991 $1,110 $4,195 $288.7 $315
1992 $1,287 $4,654 $205.6 $292
1993 $1,289 $4,726 $205.2 $321
1994 $1,367 $4,830 $196.8 $326
1995 $1,416 $5,027 $191.8 $321
1996 $1,410 $5,055 $244.4 $350
1997 $1,436 $5,171 $287.5 $387
1998 $1,532 $5,264 $320 $422
1999 $1,545 $5,402 $354 $468
2000 $1,571 $5,641 $327 $472
2001 $1,632 $5,948 $305 $533
2002 $1,706 $6,256 $314 $580
2003 $1,776 $6,500 $339 $620
2004 $1,940 $7,074 $400 $673
2005 $2,088 $7,697 $437 $721
2006 $2,343 $8,046 $457 $798
2007 $2,506 $8,416 $508 $862
2008 $3,242 $8,983 $592 $916
2009 $3,436 $9,291 $548 $951
2010 $3,718 $9,417 $496 $1,000
2011 $3,947 $9,632 $618 $1,064
2012 $4,170 $9,739 $686 $1,076
2013 $4,311 $9,817 $687 $1,114
2014 $4,191 $9,145 $697 $1,166
2015 $4,043 $8,967 $611 $1,318
2016 $3,987 $8,748 $441 $1,379
2017 $4,066 $9,266 $471 $1,283
2018 $4,145 $9,042 $518 $1,326
2019 $4,170 $9,429 $519 $1,389
2020 $4,022 $9,579 $462 $1,412
2021 $4,183 $9,182 $510 $1,457
2022 $4,332 $9,927 $578 $1,582
2023 $4,466 $10,412 $623 $1,678
2024 $4,618 $10,821 $647 $1,700

Spending and national debt comparison

In 2024, Jordan's government spending was $17.8B, accounting for 31.3% of its GDP, while Mozambique's spent $7.59B, or 32.2% of GDP.

Debt-to-GDP ratio is 92.6% in Jordan and 101.1% in Mozambique, ranking 29/185 and 21/185, respectively.

Jordan
Government spending

Government debt
Mozambique
Government spending

Government debt
Year % of GDP
Jordan Mozambique
Government spending Government debt Government spending Government debt
1980 - - 14.2% -
1981 - - 23.8% -
1982 - - 27% -
1983 - - 35.3% -
1984 - - 30.9% -
1985 42.4% 85.2% 21% -
1986 33.8% 84.3% 24.2% -
1987 42.1% 101.9% 22.9% -
1988 44.3% 129.3% 27% -
1989 42.5% 195.4% 27% -
1990 44% 227.5% 21% -
1991 44.9% 207.7% 17.3% -
1992 35.5% 155.1% 21.1% -
1993 36.4% 140.6% 20.7% -
1994 34.3% 129% 22.9% -
1995 35.5% 117.8% 18.8% -
1996 36.2% 116.5% 14.9% -
1997 33.9% 109% 16.5% -
1998 34.9% 110.8% 14.9% -
1999 32.7% 109% 15.6% 94.7%
2000 33.1% 99.3% 17.2% 95.8%
2001 32.1% 94.4% 20.8% 99.8%
2002 32.9% 94.9% 18.6% 63.4%
2003 36% 88.8% 18.6% 63.2%
2004 36.6% 81.5% 17.8% 50.8%
2005 37.3% 73% 17% 60.1%
2006 34.7% 66.3% 20.1% 40%
2007 35.8% 64.3% 20.9% 31.2%
2008 34% 54.2% 21.3% 32.8%
2009 34.5% 58% 25.7% 39.3%
2010 32% 59.4% 26.6% 38.6%
2011 35.6% 62.1% 28.9% 34.2%
2012 36.8% 70.5% 28.1% 36.7%
2013 33.6% 75.6% 31.7% 49.5%
2014 35.6% 75% 39.7% 63.4%
2015 32.7% 78.4% 32.2% 86%
2016 28.4% 77.4% 28.7% 124.8%
2017 28.7% 75.7% 28.6% 103.8%
2018 30.1% 74.3% 31.2% 105.5%
2019 30.1% 78% 28% 98.3%
2020 31.7% 87.9% 33.9% 120%
2021 32.2% 98.2% 32.1% 104.3%
2022 32.6% 97.9% 32.9% 100.3%
2023 32.8% 97% 33.3% 90.8%
2024 33.3% 95.9% 33.9% 96.6%
2025 31.3% 92.6% 32.2% 101.1%

Government deficit by year

In 2024, Jordan's government deficit, the difference between spending and revenue, was -$4.41B, equivalent to -8.26% of GDP. This compares to Mozambique's deficit of -$1.43B, or -6.38% of GDP.

Over the past 34 years, Jordan recorded a fiscal deficit in 33 of those years, while Mozambique ran a deficit in 33 years. On average, Jordan posted an annual deficit equal to -5.51% of GDP, compared to deficit of -3.38% of GDP for Mozambique.

Deficit/surplus
Jordan

Mozambique
Year Deficit/surplus, % of GDP
Jordan Mozambique
1980 - -1.47%
1981 - -7.41%
1982 - -3.61%
1983 - -15.8%
1984 - -13.4%
1985 -6.9% -9.69%
1986 -2.39% -12.1%
1987 -13.4% -7.24%
1988 -13% -6.47%
1989 -6.89% -4.23%
1990 -7.45% -4.42%
1991 -10.2% -2.01%
1992 1.87% -1.85%
1993 -2.14% -2.53%
1994 -2.3% -4%
1995 -1.72% -2.46%
1996 -3.25% -2.07%
1997 -2.97% -1.81%
1998 -5.4% -1.08%
1999 -2.69% -0.31%
2000 -3.99% -1.26%
2001 -2.77% -4.43%
2002 -4.44% -3.36%
2003 -2.52% -2.64%
2004 -1.09% -3.17%
2005 -5.36% -2.06%
2006 -3.82% -3.03%
2007 -5.03% -2.19%
2008 -4.8% -1.9%
2009 -8.84% -4.35%
2010 -7.81% -3.4%
2011 -9.82% -4.34%
2012 -14.3% -3.45%
2013 -10.1% -2.46%
2014 -8.48% -9.75%
2015 -8.39% -6.55%
2016 -3.66% -5.06%
2017 -3.57% -1.99%
2018 -4.61% -5.7%
2019 -5.83% 1.7%
2020 -9.07% -6.19%
2021 -7.46% -5.23%
2022 -6.95% -5.22%
2023 -7.64% -4.23%
2024 -8.26% -6.38%
2025 -5.32% -5.58%

Inflation comparison by year

Over the past 29 years, Jordan has recorded an average annual inflation rate of 3.03%, compared with 9.7% in Mozambique. In 2024, inflation was 1.56% in Jordan and 4.9% in Mozambique.

Inflation
Jordan

Mozambique
Year Inflation
Jordan Mozambique Jordan Mozambique
1996 6.5% 48.5%
1997 3.04% 7.4%
1998 3.09% 1.5%
1999 0.61% 2.9%
2000 0.67% 12.7%
2001 1.77% 9.1%
2002 1.83% 16.8%
2003 1.63% 13.5%
2004 3.36% 12.6%
2005 3.49% 6.4%
2006 6.25% 13.2%
2007 4.74% 10.4%
2008 14% 14.5%
2009 -0.74% 3.8%
2010 4.85% 12.4%
2011 4.16% 11.2%
2012 4.52% 2.6%
2013 4.82% 4.3%
2014 2.9% 2.6%
2015 -0.88% 3.6%
2016 -0.78% 18.4%
2017 3.32% 15.8%
2018 4.46% 3.2%
2019 0.76% 5.7%
2020 0.33% 0.9%
2021 1.35% 6.6%
2022 4.23% 10.4%
2023 2.08% 7%
2024 1.56% 3.2%
2025 - 4.9%

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $14.2M
Machinery & equipment $153K
Processed food, beverages & tobacco $38K
Chemicals & pharma $14K
Metals $7K
Textiles & consumer goods $2K
Mozambique
Export category Export value
Raw materials & minerals $927K
Raw agricultural goods $230K
Processed food, beverages & tobacco $126K
Textiles & consumer goods $18K
Wood & paper products $6K
Metals $4K
Machinery & equipment $2K

Balance of trade

Jordan Mozambique
Current account balance
-$3.13B
2024
-$2.49B
2024
Current account balance ranking
156/189
2024
148/189
2024
Current account balance, % of GDP
-5.86%
2024
-11.1%
2024
Goods imports
$23.9B
2024
$8.38B
2024
Goods exports
$13.3B
2024
$8.21B
2024
Service imports
$6.5B
2024
$2.11B
2024
Service exports
$9.45B
2024
$1.15B
2024
Imports of goods and services, % of GDP
57.1%
2024
52.9%
2024
Exports of goods and services, % of GDP
42.6%
2024
42.7%
2024

Economic freedom indices

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

Jordan Mozambique
Economic freedom 59.4 50.7
Economic freedom ranking 101/197 163/197
Property rights 54.4 31.6
Government integrity 48.8 24.9
Judicial effectiveness 43.5 44.9
Tax burden 83.9 75.4
Government spending 68.5 68.8
Fiscal health 2.8 51.9
Business freedom 62.4 37.3
Labor freedom 55.6 47.7
Monetary freedom 79.9 72.3
Trade freedom 82.4 74
Investment freedom 70 40
Financial freedom 60 40

Economic freedom by year comparison

The Economic Freedom Index for Jordan is 59.4, ranking 101/197, compared to 50.7 for Mozambique, ranking 163/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Jordan
Mozambique
Year Economic freedom index
Jordan Mozambique
1995 62.7 45.5
1996 60.8 48.4
1997 63.6 44
1998 66.8 43
1999 67.4 48.9
2000 67.5 52.2
2001 68.3 59.2
2002 66.2 57.7
2003 65.3 58.6
2004 66.1 57.2
2005 66.7 54.6
2006 63.7 51.9
2007 64.5 54.7
2008 64.1 55.4
2009 65.4 55.7
2010 66.1 56
2011 68.9 56.8
2012 69.9 57.1
2013 70.4 55
2014 69.2 55
2015 69.3 54.8
2016 68.3 53.2
2017 66.7 49.9
2018 64.9 46.3
2019 66.5 48.6
2020 66 50.5
2021 64.6 51.6
2022 60.1 51.3
2023 58.8 52.5
2024 58.3 50.7
2025 59.4 50.7

More economic indicators

Jordan Mozambique
Services, % of GDP
60.4%
2024
38.4%
2024
Industry, % of GDP
25.1%
2024
24.6%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
26.3%
2024
GNI, Atlas method
$51.2B
2024
$18.9B
2024
GNI per capita, PPP
$10,570
2024
$1,510
2024
Total reserves including gold
$21.9B
2024
$3.84B
2024
Total reserves ranking
60/177
2024
108/177
2024
Net foreign direct investment
-$1.58B
2024
-$3.55B
2024
Net inflows of foreign direct investment
$1.63B
2024
$3.51B
2024
Net outflows of foreign direct investment
$54.1M
2024
-$44.1M
2024
Servicing debt to the IMF, % of GNI
7.66%
2023
22.7%
2023
Poverty at national poverty lines
14.2%
2020
65%
2022
Gross capital formation, % of GDP
25.2%
2021
24.1%
2024

GDP per capita map

GDP per capita

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Economy comparisons

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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.