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Economy of Jordan vs Oman compared: GDP & Debt

Updated on by Georank

Jordan has a GDP of $61.6B compared to $110B for Oman, ranking 90/197 and 70/197 by economy size, respectively.

Jordan has $51B in government debt (82.8% of GDP), compared to $39.2B (35.8% of GDP) in Oman.

Jordan vs Oman GDP by year

Jordan
Oman
1x
Year GDP, current $
Jordan Oman
2025 $61,610,052,535 $109,604,780,696
2024 $58,618,380,563 $107,137,198,700
2023 $56,123,472,113 $106,174,707,932
2022 $53,516,930,141 $109,852,795,839
2021 $50,702,940,986 $87,323,797,139
2020 $47,931,770,986 $75,909,492,848
2019 $48,640,273,803 $88,060,858,257
2018 $47,435,850,423 $91,505,851,756
2017 $45,535,614,366 $80,856,697,009
2016 $43,688,498,732 $75,128,738,622
2015 $42,394,049,296 $78,710,793,238
2014 $40,535,098,592 $92,699,089,727
2013 $37,873,362,958 $89,936,020,806
2012 $34,854,017,887 $87,408,842,653
2011 $32,640,291,549 $77,497,529,259
2010 $30,202,773,521 $64,993,498,049
2009 $27,462,496,197 $55,454,096,229
2008 $25,651,620,831 $69,804,681,404
2007 $17,110,437,236 $48,300,390,117
2006 $15,056,981,664 $42,577,633,290
2005 $12,588,998,590 $35,506,892,068
2004 $11,411,706,629 $28,378,933,680
2003 $10,195,627,645 $24,733,680,104
2002 $9,582,510,578 $23,065,539,662
2001 $8,975,814,653 $22,205,721,717
2000 $8,460,789,845 $22,259,557,867
1999 $8,149,929,478 $17,832,769,831
1998 $7,912,270,804 $16,044,213,264
1997 $7,245,839,210 $18,039,791,938
1996 $6,927,503,526 $17,402,080,624
1995 $6,727,597,032 $15,722,236,671
1994 $6,236,295,978 $14,715,214,564
1993 $5,606,400,222 $14,230,429,129
1992 $5,310,833,194 $14,183,615,085
1991 $4,344,467,193 $12,918,335,501
1990 $4,160,087,508 $13,310,273,082
1989 $4,221,373,674 $9,372,171,651
1988 $6,277,451,829 $8,386,215,865
1987 $6,756,209,762 $7,811,183,095
1986 $6,402,050,485 $7,324,167,369
1985 $4,993,601,520 $10,005,645,420
1984 $4,967,162,160 $8,821,443,151
1983 $4,920,692,191 $7,932,541,691
1982 $4,681,240,993 $7,554,719,456
1981 $4,383,944,703 $7,259,120,151
1980 $3,910,044,474 $5,981,760,278
1979 $3,271,368,781 $3,733,352,635
1978 $2,602,208,589 $2,740,301,390
1977 $2,096,778,602 $2,741,169,948
1976 $1,708,521,219 $2,560,220,035
1975 $1,363,073,498 $2,096,699,189
1974 $1,197,483,949 $1,645,917,776
1973 $943,783,840 $483,066,991
1972 $788,479,685 $366,883,548
1971 $678,159,729 $301,010,587
1970 $639,519,744 $256,319,795
1969 $698,879,720 $239,999,808
1968 $561,119,776 $188,879,849
1967 $631,679,747 $107,151,832
1966 $657,999,737 $67,759,973
1965 $599,759,760 $63,279,975
1964 - $61,872,526
1963 - $59,912,763
1962 - $56,273,202
1961 - $45,634,487
1960 - $44,234,656

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

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

GDP per capita in Jordan vs Oman by year

Jordan
GDP per capita

GDP per capita, PPP
Oman
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Oman
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,348 - $19,947 -
2024 $5,074 $10,821 $20,285 $41,740
2023 $4,906 $10,412 $21,028 $41,945
2022 $4,754 $9,927 $23,224 $42,616
2021 $4,582 $9,182 $19,403 $38,719
2020 $4,411 $9,579 $16,785 $35,163
2019 $4,558 $9,429 $19,180 $37,251
2018 $4,534 $9,042 $19,902 $37,780
2017 $4,449 $9,266 $17,820 $33,619
2016 $4,366 $8,748 $17,110 $33,334
2015 $4,442 $8,967 $18,808 $36,058
2014 $4,611 $9,145 $23,161 $44,236
2013 $4,739 $9,817 $23,458 $47,013
2012 $4,594 $9,739 $24,642 $49,989
2011 $4,363 $9,632 $25,188 $52,393
2010 $4,139 $9,417 $23,570 $55,667
2009 $3,845 $9,291 $20,656 $55,127
2008 $3,670 $8,983 $26,577 $52,841
2007 $2,506 $8,416 $18,793 $48,627
2006 $2,343 $8,046 $16,931 $46,091
2005 $2,088 $7,697 $14,435 $43,673
2004 $1,940 $7,074 $11,801 $42,142
2003 $1,776 $6,500 $10,464 $40,935
2002 $1,706 $6,256 $9,869 $41,511
2001 $1,632 $5,948 $9,612 $41,679
2000 $1,571 $5,641 $9,754 $39,443
1999 $1,545 $5,402 $7,915 $36,792
1998 $1,532 $5,264 $7,219 $36,666
1997 $1,436 $5,171 $8,235 $36,809
1996 $1,410 $5,055 $8,068 $34,661
1995 $1,416 $5,027 $7,414 $33,598
1994 $1,367 $4,830 $7,068 $31,925
1993 $1,289 $4,726 $7,039 $30,987
1992 $1,287 $4,654 $7,318 $29,773
1991 $1,110 $4,195 $6,977 $28,109
1990 $1,149 $4,317 $7,546 $26,904
1989 $1,260 - $5,591 -
1988 $1,966 - $5,279 -
1987 $2,217 - $5,204 -
1986 $2,200 - $5,182 -
1985 $1,797 - $7,549 -
1984 $1,871 - $7,070 -
1983 $1,939 - $6,714 -
1982 $1,929 - $6,759 -
1981 $1,885 - $6,866 -
1980 $1,750 - $5,974 -
1979 $1,519 - $3,934 -
1978 $1,249 - $3,044 -
1977 $1,039 - $3,205 -
1976 $873 - $3,143 -
1975 $718 - $2,692 -
1974 $651 - $2,203 -
1973 $531 - $670 -
1972 $460 - $524 -
1971 $412 - $442 -
1970 $409 - $387 -
1969 $474 - $372 -
1968 $409 - $300 -
1967 $497 - $174.7 -
1966 $558 - $113.2 -
1965 $546 - $108.1 -
1964 - - $108.1 -
1963 - - $106.8 -
1962 - - $102.3 -
1961 - - $84.5 -
1960 - - $83.4 -

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

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

Jordan's GDP per capita is $5,348, ranking 120/197, compared to $19,947 in Oman, ranking 60/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Oman ranks 55th at $41,740.

Economic indicators

Jordan Oman
Gross domestic product
$61.6B
2025
$110B
2025
GDP rank
90/197
2025
70/197
2025
GDP growth
2.83%
2024-2025
2.4%
2024-2025
GDP per capita
$5,348
2025
$19,947
2025
GDP per capita rank
120/197
2025
60/197
2025
GDP per capita, PPP
$10,821
2024
$41,740
2024
GDP per capita PPP rank
131/197
2024
55/197
2024
Government debt
$51B
2025
$39.2B
2025
Debt-to-GDP ratio
82.8%
2025
35.8%
2025
Government debt per person
$4,430
2025
$7,132
2025
Government debt per person rank
91/185
2025
70/185
2025
Average annual personal income after taxes
$4,506
2026
$19,851
2026
Market capitalization of domestic companies
$37.4B
2025
$41.3B
2025
Number of billionaires n/a
2
2026
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
28.9%
2025
Consumer prices inflation
1.77%
2024-2025
1%
2024-2025
Central bank interest rate
5.75%
2025
4.5%
2025
Unemployment rate
16.8%
2024
3.3%
2024
Population
11538682
5775345

Spending and national debt comparison by year

Jordan
Spending

Debt
Oman
Spending

Debt
1x
Year % of GDP
Jordan Oman
Government spending Government debt Government spending Government debt
2025 33.7% 82.8% 28.9% 35.8%
2024 34.6% 82.1% 28.7% 35.5%
2023 33.9% 81% 27.5% 37.4%
2022 32.8% 80.7% 31.1% 41.7%
2021 33.8% 79.9% 36.5% 61.9%
2020 33% 77.9% 44.5% 67.9%
2019 32.7% 69.4% 38.8% 52.5%
2018 33.3% 67.9% 38.3% 44.7%
2017 31.7% 69.1% 39.4% 40.1%
2016 30% 70.7% 44.6% 29.3%
2015 32.3% 71.4% 44.5% 13.9%
2014 36.3% 68.2% 41.4% 4.04%
2013 34.5% 68.8% 39.3% 4.66%
2012 28.3% 64% 38.6% 4.59%
2011 29.3% 56.1% 34.5% 4.44%
2010 26.6% 53.4% 30.6% 5.46%
2009 30.7% 51.8% 33.4% 5.8%
2008 29.6% 47.9% 25.6% 3.2%
2007 32.4% 58.2% 30.7% 4.44%
2006 34% 60% 30.1% 7.56%
2005 36.6% 66.1% 30.6% 8.39%
2004 35.1% 73.8% 34.1% 14.5%
2003 35% 80.4% 34% 13%
2002 31.6% 85.9% 34.1% 15.9%
2001 30.6% 85.5% 33.3% 22.5%
2000 31.2% 89.9% 31.2% 21.7%
1999 31.8% 98.7% 34.2% 28.9%
1998 32.3% 96.3% 36.1% 30.9%
1997 30.7% 94.7% 32.1% 20.8%
1996 32.6% 101.2% 33.5% 21.2%
1995 32.1% 102.4% 38.2% 21.9%
1994 30.6% 112.1% 39.7% 23.6%
1993 32.5% 122.1% 40.1% 22.2%
1992 31.7% 134.7% 40.1% 23.1%
1991 39.6% 180.5% 37.4% 22.6%
1990 39.9% 197.7% 36.5% 17.8%
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/oman | CC BY

In 2025, Jordan's government spending was $20.8B, accounting for 33.7% of its GDP, while Oman spent $31.7B, or 28.9% of GDP.

Debt-to-GDP ratio is 82.8% in Jordan and 35.8% in Oman, ranking 39/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Oman
1x
Year Deficit/surplus, % of GDP
Jordan Oman
2025 -6.35% 1.04%
2024 -7.27% 3.22%
2023 -6.49% 6.72%
2022 -4.9% 10.3%
2021 -6.62% -3.17%
2020 -7.56% -15.7%
2019 -5.06% -4.83%
2018 -4.23% -6.72%
2017 -3.22% -10.5%
2016 -2.62% -19.6%
2015 -5.18% -13.5%
2014 -6.75% -1.58%
2013 -8.78% 2.78%
2012 -3.33% 4.07%
2011 -1.21% 8.24%
2010 0.19% 4.95%
2009 -2.28% -0.27%
2008 1.92% 14.7%
2007 2.76% 10.5%
2006 -1.86% 12.2%
2005 -2.2% 11.2%
2004 0.56% 5.43%
2003 -1.6% 5.92%
2002 -3.21% 5.31%
2001 -1.13% 7.55%
2000 -1.85% 12.2%
1999 -1.13% 0.3%
1998 -5.59% -4.37%
1997 -2.68% 4.77%
1996 -2.69% 2.22%
1995 -1.45% -3.9%
1994 -1.67% -7.47%
1993 -1.43% -6.84%
1992 2.07% -4.85%
1991 -8.1% 0.12%
1990 -6.82% 4.78%
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/oman | 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 Oman's surplus of $1.14B, or 1.04% of GDP.

Over the past 36 years, Jordan recorded a fiscal deficit in 31 of those years, while Oman ran a deficit in 14 years. On average, Jordan posted an annual deficit equal to 3.27% of GDP, compared to surplus of 0.98% of GDP for Oman.

Inflation comparison by year

Inflation
Jordan

Oman
1x
Year Consumer prices inflation
Jordan Oman
2025 1.77% 1%
2024 1.56% 0.6%
2023 2.08% 1%
2022 4.23% 2.5%
2021 1.35% 1.7%
2020 0.33% -0.4%
2019 0.76% 0.5%
2018 4.46% 0.7%
2017 3.32% 1.5%
2016 -0.78% 0.9%
2015 -0.88% 0.1%
2014 2.9% 1.2%
2013 4.82% 1.3%
2012 4.52% 2.9%
2011 4.16% 4.1%
2010 4.85% 3.3%
2009 -0.74% 3.5%
2008 14% 12.6%
2007 4.74% 5.9%
2006 6.25% 3.2%
2005 3.49% 1.9%
2004 3.36% 0.8%
2003 1.63% 0.2%
2002 1.83% -0.3%
2001 1.77% -0.8%
2000 0.67% -1.2%
1999 0.61% 0.5%
1998 3.09% 0.4%
1997 3.04% -0.4%

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/oman | CC BY

Over the past 29 years, Jordan has recorded an average annual inflation rate of 2.87%, compared with 1.7% in Oman. In 2025, inflation was 1.77% in Jordan and 1% in Oman.

Top exports between countries

Jordan
Export category Export value
Raw agricultural goods $40.9M
Chemicals & pharma $29.9M
Processed food, beverages & tobacco $17.3M
Raw materials & minerals $5.61M
Miscellaneous $4.99M
Machinery & equipment $3.76M
Metals $3.03M
Animal & marine products $1.53M
Textiles & consumer goods $1.51M
Precious metals & jewellery $1.11M
Oman
Export category Export value
Metals $22.7M
Animal & marine products $20.7M
Chemicals & pharma $17.6M
Raw materials & minerals $16M
Textiles & consumer goods $7.8M
Processed food, beverages & tobacco $3.93M
Machinery & equipment $3.1M
Raw agricultural goods $1.73M
Wood & paper products $107K
Miscellaneous $75K

Balance of trade

Jordan Oman
Current account balance
-$3.13B
2024
$3.07B
2024
Current account balance ranking
152/190
2024
37/190
2024
Current account balance, % of GDP
-5.33%
2024
+2.86%
2024
Goods imports
$23.9B
2024
$39.5B
2024
Goods exports
$13.3B
2024
$65.2B
2024
Service imports
$6.5B
2024
$12.8B
2024
Service exports
$9.45B
2024
$5.64B
2024
Imports of goods and services, % of GDP
57.1%
2024
48.8%
2024
Exports of goods and services, % of GDP
42.6%
2024
66.1%
2024

Economic freedom indices

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

Jordan Oman
Economic freedom 59.3 68.5
Economic freedom ranking 104/197 45/197
Property rights 52.3 71.8
Government integrity 51 49.4
Judicial effectiveness 44 28
Tax burden 84.1 97.6
Government spending 67.2 74.7
Fiscal health 5.2 97.5
Business freedom 62.7 67.8
Labor freedom 51.3 47.7
Monetary freedom 81.2 79.2
Trade freedom 82 78.4
Investment freedom 70 70
Financial freedom 60 60

Economic freedom comparison by year

Jordan
Oman
1x
Year Economic freedom index
Jordan Oman
2026 59.3 68.5
2025 59.4 65.4
2024 58.3 62.9
2023 58.8 58.5
2022 60.1 56.6
2021 64.6 64.6
2020 66 63.6
2019 66.5 61
2018 64.9 61
2017 66.7 62.1
2016 68.3 67.1
2015 69.3 66.7
2014 69.2 67.4
2013 70.4 68.1
2012 69.9 67.9
2011 68.9 69.8
2010 66.1 67.7
2009 65.4 67
2008 64.1 67.3
2007 64.5 65.8
2006 63.7 63.7
2005 66.7 66.5
2004 66.1 66.9
2003 65.3 64.6
2002 66.2 64
2001 68.3 67.7
2000 67.5 64.1
1999 67.4 64.9
1998 66.8 64.9
1997 63.6 64.5
1996 60.8 65.4
1995 62.7 70.2

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 68.5 for Oman, ranking 45/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Oman
Services, % of GDP
56.8%
2025
47.2%
2025
Industry, % of GDP
27.4%
2025
52.7%
2025
Agriculture, forestry, and fishing, % of GDP
5.56%
2025
2.81%
2025
GNI, Atlas method
$60.6B
2025
$103B
2024
GNI per capita, PPP
$12,440
2025
$39,390
2024
Total reserves including gold
$26.6B
2025
$18.3B
2024
Total reserves ranking
61/177
2025
68/177
2024
Net foreign direct investment
-$1.58B
2024
-$12.6B
2024
Net inflows of foreign direct investment
$1.63B
2024
$12.5B
2024
Net outflows of foreign direct investment
$54.1M
2024
-$143M
2024
Servicing debt to the IMF, % of GNI
7.85%
2024
n/a
Poverty at national poverty lines
14.2%
2020
n/a
Gross capital formation, % of GDP
23%
2021
24.8%
2024

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/oman | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-07-08)
  6. TradeMap (2024, 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.