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Economy of Jordan vs Paraguay compared: GDP & Debt

Updated on by Georank

Jordan has a GDP of $61.6B compared to $49.3B for Paraguay, ranking 90/197 and 97/197 by economy size, respectively.

Jordan has $51B in government debt (82.8% of GDP), compared to $18.8B (38.1% of GDP) in Paraguay.

Jordan vs Paraguay GDP by year

Jordan
Paraguay
1x
Year GDP, current $
Jordan Paraguay
2025 $61,610,052,535 $49,278,227,554
2024 $58,618,380,563 $44,738,819,362
2023 $56,123,472,113 $43,140,465,596
2022 $53,516,930,141 $41,841,201,627
2021 $50,702,940,986 $39,937,357,256
2020 $47,931,770,986 $35,432,178,068
2019 $48,640,273,803 $37,925,338,329
2018 $47,435,850,423 $40,225,448,341
2017 $45,535,614,366 $38,997,129,474
2016 $43,688,498,732 $36,089,700,223
2015 $42,394,049,296 $36,211,447,840
2014 $40,535,098,592 $40,377,929,296
2013 $37,873,362,958 $38,501,122,141
2012 $34,854,017,887 $33,271,921,136
2011 $32,640,291,549 $33,756,238,767
2010 $30,202,773,521 $27,260,886,405
2009 $27,462,496,197 $22,355,151,162
2008 $25,651,620,831 $24,615,267,664
2007 $17,110,437,236 $17,856,393,235
2006 $15,056,981,664 $13,429,430,050
2005 $12,588,998,590 $10,737,500,188
2004 $11,411,706,629 $9,624,440,836
2003 $10,195,627,645 $7,691,367,471
2002 $9,582,510,578 $7,196,260,657
2001 $8,975,814,653 $8,495,806,432
2000 $8,460,789,845 $8,855,705,140
1999 $8,149,929,478 $8,837,070,236
1998 $7,912,270,804 $9,260,481,572
1997 $7,245,839,210 $9,965,225,678
1996 $6,927,503,526 $9,788,391,781
1995 $6,727,597,032 $9,062,131,475
1994 $6,236,295,978 $7,870,982,005
1993 $5,606,400,222 $7,249,533,620
1992 $5,310,833,194 $7,157,424,031
1991 $4,344,467,193 $6,984,367,763
1990 $4,160,087,508 $5,812,114,523
1989 $4,221,373,674 $4,757,732,200
1988 $6,277,451,829 $4,255,683,528
1987 $6,756,209,762 $3,971,044,724
1986 $6,402,050,485 $3,723,993,943
1985 $4,993,601,520 $3,282,449,236
1984 $4,967,162,160 $4,502,462,807
1983 $4,920,692,191 $5,673,248,726
1982 $4,681,240,993 $5,419,411,765
1981 $4,383,944,703 $5,624,515,873
1980 $3,910,044,474 $4,448,087,302
1979 $3,271,368,781 $3,416,777,778
1978 $2,602,208,589 $2,559,857,143
1977 $2,096,778,602 $2,092,158,730
1976 $1,708,521,219 $1,698,960,317
1975 $1,363,073,498 $1,511,420,635
1974 $1,197,483,949 $1,333,475,397
1973 $943,783,840 $995,531,746
1972 $788,479,685 $769,039,683
1971 $678,159,729 $664,571,429
1970 $639,519,744 $594,611,111
1969 $698,879,720 $556,293,651
1968 $561,119,776 $517,650,794
1967 $631,679,747 $492,674,603
1966 $657,999,737 $465,888,889
1965 $599,759,760 $443,587,302
1964 - $408,349,206
1963 - $383,904,762
1962 - $360,698,413
1961 - $322,053,713
1960 - $288,884,368

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

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

GDP per capita in Jordan vs Paraguay by year

Jordan
GDP per capita

GDP per capita, PPP
Paraguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Paraguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,348 - $7,027 -
2024 $5,074 $10,821 $6,457 $18,524
2023 $4,906 $10,412 $6,303 $17,564
2022 $4,754 $9,927 $6,189 $16,347
2021 $4,582 $9,182 $5,975 $15,406
2020 $4,411 $9,579 $5,365 $14,309
2019 $4,558 $9,429 $5,821 $14,150
2018 $4,534 $9,042 $6,258 $14,139
2017 $4,449 $9,266 $6,152 $13,977
2016 $4,366 $8,748 $5,775 $13,329
2015 $4,442 $8,967 $5,879 $12,679
2014 $4,611 $9,145 $6,652 $12,607
2013 $4,739 $9,817 $6,436 $12,137
2012 $4,594 $9,739 $5,642 $10,954
2011 $4,363 $9,632 $5,805 $11,442
2010 $4,139 $9,417 $4,751 $10,893
2009 $3,845 $9,291 $3,942 $9,802
2008 $3,670 $8,983 $4,385 $9,867
2007 $2,506 $8,416 $3,212 $9,179
2006 $2,343 $8,046 $2,439 $8,561
2005 $2,088 $7,697 $1,971 $8,007
2004 $1,940 $7,074 $1,786 $7,686
2003 $1,776 $6,500 $1,444 $7,276
2002 $1,706 $6,256 $1,368 $6,924
2001 $1,632 $5,948 $1,638 $6,916
2000 $1,571 $5,641 $1,736 $6,937
1999 $1,545 $5,402 $1,766 $7,080
1998 $1,532 $5,264 $1,890 $7,227
1997 $1,436 $5,171 $2,079 $7,299
1996 $1,410 $5,055 $2,088 $7,040
1995 $1,416 $5,027 $1,979 $6,966
1994 $1,367 $4,830 $1,760 $6,542
1993 $1,289 $4,726 $1,662 $6,234
1992 $1,287 $4,654 $1,683 $5,952
1991 $1,110 $4,195 $1,685 $5,873
1990 $1,149 $4,317 $1,440 $5,637
1989 $1,260 - $1,211 -
1988 $1,966 - $1,114 -
1987 $2,217 - $1,069 -
1986 $2,200 - $1,031 -
1985 $1,797 - $935 -
1984 $1,871 - $1,319 -
1983 $1,939 - $1,710 -
1982 $1,929 - $1,680 -
1981 $1,885 - $1,793 -
1980 $1,750 - $1,457 -
1979 $1,519 - $1,149 -
1978 $1,249 - $883 -
1977 $1,039 - $740 -
1976 $873 - $616 -
1975 $718 - $562 -
1974 $651 - $508 -
1973 $531 - $389 -
1972 $460 - $308 -
1971 $412 - $272.1 -
1970 $409 - $249 -
1969 $474 - $238.2 -
1968 $409 - $226.8 -
1967 $497 - $220.9 -
1966 $558 - $213.9 -
1965 $546 - $208.7 -
1964 - - $197 -
1963 - - $189.9 -
1962 - - $182.8 -
1961 - - $167.1 -
1960 - - $153.4 -

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

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

Jordan's GDP per capita is $5,348, ranking 120/197, compared to $7,027 in Paraguay, ranking 105/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Paraguay ranks 102nd at $18,524.

Economic indicators

Jordan Paraguay
Gross domestic product
$61.6B
2025
$49.3B
2025
GDP rank
90/197
2025
97/197
2025
GDP growth
2.83%
2024-2025
6.64%
2024-2025
GDP per capita
$5,348
2025
$7,027
2025
GDP per capita rank
120/197
2025
105/197
2025
GDP per capita, PPP
$10,821
2024
$18,524
2024
GDP per capita PPP rank
131/197
2024
102/197
2024
Government debt
$51B
2025
$18.8B
2025
Debt-to-GDP ratio
82.8%
2025
38.1%
2025
Government debt per person
$4,430
2025
$2,679
2025
Government debt per person rank
91/185
2025
111/185
2025
Average annual personal income after taxes
$4,506
2026
$6,874
2026
Market capitalization of domestic companies
$37.4B
2025
$313M
1999
Income share by richest 10%
27.4%
2010
35%
2024
Income share by poorest 10%
3.5%
2010
2%
2024
Government expenditure, % of GDP
33.7%
2025
19.6%
2025
Consumer prices inflation
1.77%
2024-2025
4.04%
2024-2025
Central bank interest rate
5.75%
2025
5.75%
2026
Unemployment rate
16.8%
2024
4.63%
2025
Population
11538682
7138671

Spending and national debt comparison by year

Jordan
Spending

Debt
Paraguay
Spending

Debt
1x
Year % of GDP
Jordan Paraguay
Government spending Government debt Government spending Government debt
2025 33.7% 82.8% 19.6% 38.1%
2024 34.6% 82.1% 20.9% 44.6%
2023 33.9% 81% 21.5% 41%
2022 32.8% 80.7% 20.2% 40.6%
2021 33.8% 79.9% 20.5% 37.5%
2020 33% 77.9% 22.6% 36.9%
2019 32.7% 69.4% 20.1% 25.8%
2018 33.3% 67.9% 18.5% 22.3%
2017 31.7% 69.1% 18.1% 19.8%
2016 30% 70.7% 17.7% 19.4%
2015 32.3% 71.4% 18% 18.6%
2014 36.3% 68.2% 17.1% 15.6%
2013 34.5% 68.8% 17.1% 13.5%
2012 28.3% 64% 17.6% 12.3%
2011 29.3% 56.1% 14.7% 11.1%
2010 26.6% 53.4% 13.3% 13%
2009 30.7% 51.8% 14.3% 14.9%
2008 29.6% 47.9% 11.8% 16%
2007 32.4% 58.2% 13.1% 16.8%
2006 34% 60% 14.1% 21%
2005 36.6% 66.1% 14% 28.3%
2004 35.1% 73.8% 14% 36%
2003 35% 80.4% 14.6% 37.5%
2002 31.6% 85.9% 17.6% 50.5%
2001 30.6% 85.5% 19% 37.1%
2000 31.2% 89.9% 19.6% 33.6%
1999 31.8% 98.7% 19.2% 32%
1998 32.3% 96.3% 18% 22.1%
1997 30.7% 94.7% 18.1% 18%
1996 32.6% 101.2% 16.9% 16.8%
1995 32.1% 102.4% 15.7% 17.6%
1994 30.6% 112.1% 14.5% 18.7%
1993 32.5% 122.1% 12.9% 26.6%
1992 31.7% 134.7% 13% 34.4%
1991 39.6% 180.5% 11.4% 49.4%
1990 39.9% 197.7% 10.5% 67%
1989 42.5% 195.4% 11.8% 52.9%
1988 44.3% 129.3% 9.75% 58.9%
1987 42.1% 101.9% 10.1% 68.7%
1986 33.8% 84.3% 9.25% 57.1%
1985 42.4% 85.2% 11.4% 54.7%
1984 - - 13% 31%
1983 - - 13% 22.6%
1982 - - 13.2% 21.3%
1981 - - 13.3% 17.4%
1980 - - 11.6% 17.4%
1979 - - 11.7% 19.7%
1978 - - 11.9% 20.9%
1977 - - 11.2% 18.8%
1976 - - 9.8% 14.1%
1975 - - 10.5% 12.6%
1974 - - 9.44% 12.5%
1973 - - 11.2% 15.4%
1972 - - 12.5% 18.2%
1971 - - 12.3% 18.9%
1970 - - 13.3% 19.2%
1969 - - 14% -
1968 - - 13.5% -
1967 - - 12.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1967–1989, retrieved 2026-07-08).

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

In 2025, Jordan's government spending was $20.8B, accounting for 33.7% of its GDP, while Paraguay spent $9.66B, or 19.6% of GDP.

Debt-to-GDP ratio is 82.8% in Jordan and 38.1% in Paraguay, ranking 39/185 and 138/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Paraguay
1x
Year Deficit/surplus, % of GDP
Jordan Paraguay
2025 -6.35% -1.69%
2024 -7.27% -2.1%
2023 -6.49% -3.81%
2022 -4.9% -2.65%
2021 -6.62% -3.39%
2020 -7.56% -5.72%
2019 -5.06% -2.44%
2018 -4.23% -1.01%
2017 -3.22% -0.44%
2016 -2.62% -0.37%
2015 -5.18% -0.44%
2014 -6.75% -0.27%
2013 -8.78% -1.16%
2012 -3.33% -0.58%
2011 -1.21% 1.29%
2010 0.19% 1.54%
2009 -2.28% 0.59%
2008 1.92% 2.29%
2007 2.76% 1.27%
2006 -1.86% 0.91%
2005 -2.2% 0.74%
2004 0.56% 1.33%
2003 -1.6% -0.07%
2002 -3.21% -1.89%
2001 -1.13% 0.07%
2000 -1.85% -0.55%
1999 -1.13% 2.67%
1998 -5.59% 4.28%
1997 -2.68% 3%
1996 -2.69% 2.43%
1995 -1.45% 2.78%
1994 -1.67% 4.59%
1993 -1.43% 4.27%
1992 2.07% 3.1%
1991 -8.1% 3.41%
1990 -6.82% 7.56%
1989 -6.89% 5.48%
1988 -13% 3.01%
1987 -13.4% 2.68%
1986 -2.39% 3.08%
1985 -6.9% 0.85%
1984 - -0.42%
1983 - 0.27%
1982 - 1.52%
1981 - 0.15%
1980 - 3.4%
1979 - 4.13%
1978 - -3.42%
1977 - -0.19%
1976 - -0.06%
1975 - -1.24%
1974 - 1.67%
1973 - -0.91%
1972 - -2.51%
1971 - -1.25%
1970 - -1.26%
1969 - -1.62%
1968 - -2.34%
1967 - -1.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1967–1989, retrieved 2026-07-08).

GeoRank.org/economy/jordan/paraguay | 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 Paraguay's deficit of $832M, or 1.69% of GDP.

Over the past 41 years, Jordan recorded a fiscal deficit in 36 of those years, while Paraguay ran a deficit in 17 years. On average, Jordan posted an annual deficit equal to 3.91% of GDP, compared to surplus of 0.84% of GDP for Paraguay.

Inflation comparison by year

Inflation
Jordan

Paraguay
1x
Year Consumer prices inflation
Jordan Paraguay
2025 1.77% 4.04%
2024 1.56% 3.84%
2023 2.08% 4.63%
2022 4.23% 9.77%
2021 1.35% 4.79%
2020 0.33% 1.77%
2019 0.76% 2.76%
2018 4.46% 3.98%
2017 3.32% 3.6%
2016 -0.78% 4.09%
2015 -0.88% 3.13%
2014 2.9% 5.03%
2013 4.82% 2.68%
2012 4.52% 3.68%
2011 4.16% 8.25%
2010 4.85% 4.65%
2009 -0.74% 2.59%
2008 14% 10.2%
2007 4.74% 8.13%
2006 6.25% 9.59%
2005 3.49% 6.81%
2004 3.36% 4.32%
2003 1.63% 14.2%
2002 1.83% 10.5%
2001 1.77% 7.27%
2000 0.67% 8.98%
1999 0.61% 6.75%
1998 3.09% 11.6%
1997 3.04% 6.95%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Jordan has recorded an average annual inflation rate of 2.87%, compared with 6.16% in Paraguay. In 2025, inflation was 1.77% in Jordan and 4.04% in Paraguay.

Top exports between countries

Jordan
Export category Export value
Chemicals & pharma $387K
Processed food, beverages & tobacco $174K
Textiles & consumer goods $169K
Paraguay
Export category Export value
Raw agricultural goods $610K
Animal & marine products $187K
Processed food, beverages & tobacco $72K
Chemicals & pharma $42K
Wood & paper products $16K

Balance of trade

Jordan Paraguay
Current account balance
-$3.13B
2024
-$1.57B
2025
Current account balance ranking
152/190
2024
131/190
2025
Current account balance, % of GDP
-5.33%
2024
-3.18%
2025
Goods imports
$23.9B
2024
$17.5B
2025
Goods exports
$13.3B
2024
$15.4B
2025
Service imports
$6.5B
2024
$2.75B
2025
Service exports
$9.45B
2024
$3.72B
2025
Imports of goods and services, % of GDP
57.1%
2024
39.3%
2025
Exports of goods and services, % of GDP
42.6%
2024
37.2%
2025

Economic freedom indices

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

Jordan Paraguay
Economic freedom 59.3 66.4
Economic freedom ranking 104/197 61/197
Property rights 52.3 44.2
Government integrity 51 27.3
Judicial effectiveness 44 38.4
Tax burden 84.1 95.9
Government spending 67.2 86.9
Fiscal health 5.2 83
Business freedom 62.7 72
Labor freedom 51.3 44.1
Monetary freedom 81.2 76.5
Trade freedom 82 78.4
Investment freedom 70 80
Financial freedom 60 70

Economic freedom comparison by year

Jordan
Paraguay
1x
Year Economic freedom index
Jordan Paraguay
2026 59.3 66.4
2025 59.4 65.2
2024 58.3 60.1
2023 58.8 61
2022 60.1 62.9
2021 64.6 62.6
2020 66 63
2019 66.5 61.8
2018 64.9 62.1
2017 66.7 62.4
2016 68.3 61.5
2015 69.3 61.1
2014 69.2 62
2013 70.4 61.1
2012 69.9 61.8
2011 68.9 62.3
2010 66.1 61.3
2009 65.4 61
2008 64.1 60
2007 64.5 58.3
2006 63.7 55.6
2005 66.7 53.4
2004 66.1 56.7
2003 65.3 58.2
2002 66.2 59.6
2001 68.3 60.3
2000 67.5 64
1999 67.4 63.7
1998 66.8 65.2
1997 63.6 67.3
1996 60.8 67.1
1995 62.7 65.9

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 66.4 for Paraguay, ranking 61/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Paraguay
Services, % of GDP
56.8%
2025
48.1%
2025
Industry, % of GDP
27.4%
2025
32.3%
2025
Agriculture, forestry, and fishing, % of GDP
5.56%
2025
11.6%
2025
GNI, Atlas method
$60.6B
2025
$47.4B
2025
GNI per capita, PPP
$12,440
2025
$19,390
2025
Total reserves including gold
$26.6B
2025
$9.57B
2024
Total reserves ranking
61/177
2025
82/177
2024
Net foreign direct investment
-$1.58B
2024
-$945M
2025
Net inflows of foreign direct investment
$1.63B
2024
$1.1B
2024
Net outflows of foreign direct investment
$54.1M
2024
$166M
2024
Servicing debt to the IMF, % of GNI
7.85%
2024
4.58%
2024
Poverty at national poverty lines
14.2%
2020
20.1%
2024
Gross capital formation, % of GDP
23%
2021
25.3%
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/paraguay | CC BY

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1967–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, 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.