Jordan vs Norway: Economic Indicators Comparison

Norway with a GDP of $434.2B ranked the 30th largest economy in the world, while Jordan ranked 91st with $42.2B. By GDP 5-years average growth and GDP per capita, Norway and Jordan ranked 142nd vs 120th and 5th vs 114th, respectively.

Gross Domestic Product & Income

StatJordanNorway
GDP$42.2B$434.2B
GDP growth, 1 year2%1.4%
GDP growth, 5-years average2.3%1.7%
Population10.4M5.4M
GDP per capita$4.2k$82k
GDP per capita growth0.13%0.58%
Purchasing Power Parity conversion factor0.3210.14
Price level ratio of PPP conversion factor GDP to market exchange rate0.451.25
GDP per capita, PPP adjusted$9.4k$74k
GNI, Atlas method$41.8B$428.4B
GNI per capita$4.2k$81k
GNI, PPP adjusted$93.9B$363B
GNI per capita, PPP adjusted$9.4k$68k

Financial system and Human development

StatJordanNorway
Income Tax Rate14%47.8%
Corporate Tax Rate20%22%
Inflation, consumer prices4.5%2.8%
Inflation, GDP deflator1.8%5.8%
Unemployment15%3.9%
Economic Freedom Index6673.4
Personal Freedom Index6.019.55
Human Freedom Index6.598.61
Property Rights Index64.884.3
Judical Effectiveness Index54.682.8
Business Freedom Index60.186.1
Fiscal Health Index55.997.3
Labor Freedom Index52.557.4
Investment Freedom Index7075
Financial Freedom Index6060
Trade Freedom Index81.283.8
Monetary Freedom Index77.674.8
Government Spending Index73.525.6
Tax Burden Index91.857.7
Government Integrity Index49.695.6
Corruption Perceptions Index4984
Life expectancy at birth, years74.382.5
Suicide mortality rate, per 100,000 people2.912.2
Mortality caused by road traffic injury, per 100,000 people24.42.7
Intentional homicides, per 100,000 people1.40.5
International tourism, number of arrivals4.2M5.7M

Government debt & reserves

StatJordanNorway
Central government debt, % of GDP94.2%36.8%
External debt stocks, % of GNI76.1%N/A
External debt stocks$32BN/A
Short-term debt, % of total reserves67.4%N/A
Total debt service, % of exports and primary income14.1%N/A
Adjusted net savings including particulate emission damage, % of GNI4.4%16.9%
Gross savings, % of GDP10.8%35.9%
Gross capital formation, % of GDP18.4%27.3%
Total reserves including gold$15.5B$63.1B
Foreign direct investment net inflows$949.9M-$17.4B

Exports, imports and economic structure

StatJordanNorway
Exports of goods and services, % of GDP35.6%38.4%
Imports of goods and services, % of GDP54.6%32.6%
Current account balance (balance of payments)-$2.8B$31.4B
Revenue excluding grants, % of GDP23.2%47.4%
Grants excluding technical cooperation, BoP$2.3BN/A
Personal remittances received$4.5B$644.3M
Industry including construction value added, % of GDP27.6%32%
Agriculture, forestry and fishing value added, % of GDP5.6%1.9%
Charges for the use of intellectual property, payments BoP$23.5M$768.9M
Charges for the use of intellectual property, receipts BoP$21.8M$515.2M
Expense, % of GDP26.1%37.7%
Government Expenditure, % of GDP29.7%49.8%

Compare with countries close by GDP per capita

Jordan vs

CountryGDP
per capita
Population
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k

Norway vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k