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Economy of Jordan vs Rwanda compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $14.3B for Rwanda, ranking 90/197 and 144/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $9.58B (67.2% of GDP) in Rwanda.

Jordan vs Rwanda GDP by year

Jordan
Rwanda
1x
Year GDP, current $
Jordan Rwanda
2024 $53,352,289,577 $14,251,642,235
2023 $51,088,476,338 $14,331,722,703
2022 $48,764,963,380 $13,316,161,002
2021 $46,296,100,141 $11,078,787,090
2020 $43,700,383,099 $10,174,386,857
2019 $44,503,006,338 $10,349,300,277
2018 $43,370,860,704 $9,637,904,521
2017 $41,608,435,915 $9,252,833,891
2016 $39,892,551,127 $8,695,272,058
2015 $38,587,017,887 $8,543,760,200
2014 $36,847,643,521 $8,238,966,124
2013 $34,454,440,141 $7,819,964,030
2012 $31,634,561,690 $7,654,761,050
2011 $29,524,149,155 $6,884,913,658
2010 $27,133,804,225 $6,124,756,654
2009 $24,537,876,056 $5,674,476,969
2008 $22,658,715,989 $5,179,854,065
2007 $17,110,437,236 $4,070,507,895
2006 $15,056,981,664 $3,319,784,539
2005 $12,588,998,590 $2,933,819,766
2004 $11,411,706,629 $2,376,496,067
2003 $10,195,627,645 $2,138,237,279
2002 $9,582,510,578 $1,966,003,468
2001 $8,975,814,653 $1,966,600,715
2000 $8,460,789,845 $2,068,836,754
1999 $8,149,929,478 $2,157,108,263
1998 $7,912,270,804 $1,989,343,546
1997 $7,245,839,210 $1,851,558,197
1996 $6,927,503,526 $1,382,334,879
1995 $6,727,597,032 $1,293,535,193
1994 $6,236,295,978 $753,636,370
1993 $5,606,400,222 $1,971,525,712
1992 $5,310,833,194 $2,029,026,962
1991 $4,344,467,193 $1,911,600,237
1990 $4,160,087,508 $2,550,185,679
1989 $4,221,373,674 $2,405,022,593
1988 $6,277,451,829 $2,395,492,687
1987 $6,756,209,762 $2,157,432,668
1986 $6,402,050,485 $1,944,710,684
1985 $4,993,601,520 $1,715,626,331
1984 $4,967,162,160 $1,587,413,084
1983 $4,920,692,191 $1,479,687,587
1982 $4,681,240,993 $1,407,243,139
1981 $4,383,944,703 $1,407,062,527
1980 $3,910,044,474 $1,254,765,642
1979 $3,271,368,781 $1,109,346,131
1978 $2,602,208,589 $905,709,076
1977 $2,096,778,602 $746,650,613
1976 $1,708,521,219 $637,753,853
1975 $1,363,073,498 $571,863,500
1974 $1,197,483,949 $308,458,423
1973 $943,783,840 $290,746,157
1972 $788,479,685 $246,457,838
1971 $678,159,729 $222,952,504
1970 $639,519,744 $219,900,006
1969 $698,879,720 $188,700,037
1968 $561,119,776 $172,200,018
1967 $631,679,747 $159,560,018
1966 $657,999,737 $124,525,703
1965 $599,759,760 $148,799,980
1964 - $129,999,994
1963 - $128,000,000
1962 - $125,000,008
1961 - $122,000,016
1960 - $119,000,024

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

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

GDP per capita in Jordan vs Rwanda by year

Jordan
GDP per capita

GDP per capita, PPP
Rwanda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Rwanda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $1,000 $3,711
2023 $4,466 $10,412 $1,027 $3,399
2022 $4,332 $9,927 $975 $3,099
2021 $4,183 $9,182 $830 $2,733
2020 $4,022 $9,579 $779 $2,285
2019 $4,170 $9,429 $810 $2,336
2018 $4,145 $9,042 $772 $2,125
2017 $4,066 $9,266 $758 $1,968
2016 $3,987 $8,748 $730 $1,866
2015 $4,043 $8,967 $734 $1,781
2014 $4,191 $9,145 $725 $1,678
2013 $4,311 $9,817 $705 $1,512
2012 $4,170 $9,739 $707 $1,455
2011 $3,947 $9,632 $651 $1,413
2010 $3,718 $9,417 $594 $1,314
2009 $3,436 $9,291 $564 $1,241
2008 $3,242 $8,983 $528 $1,191
2007 $2,506 $8,416 $426 $1,079
2006 $2,343 $8,046 $357 $1,002
2005 $2,088 $7,697 $324 $914
2004 $1,940 $7,074 $269.5 $832
2003 $1,776 $6,500 $249 $775
2002 $1,706 $6,256 $234 $760
2001 $1,632 $5,948 $237.3 $670
2000 $1,571 $5,641 $251.9 $609
1999 $1,545 $5,402 $264.7 $554
1998 $1,532 $5,264 $246.2 $528
1997 $1,436 $5,171 $238.7 $500
1996 $1,410 $5,055 $206 $499
1995 $1,416 $5,027 $228 $514
1994 $1,367 $4,830 $111 $311
1993 $1,289 $4,726 $247 $521
1992 $1,287 $4,654 $264.1 $575
1991 $1,110 $4,195 $254 $542
1990 $1,149 $4,317 $346 $549
1989 $1,260 - $335 -
1988 $1,966 - $344 -
1987 $2,217 - $320 -
1986 $2,200 - $297.7 -
1985 $1,797 - $271.6 -
1984 $1,871 - $259.9 -
1983 $1,939 - $250.6 -
1982 $1,929 - $246.4 -
1981 $1,885 - $254.6 -
1980 $1,750 - $234.4 -
1979 $1,519 - $213.8 -
1978 $1,249 - $179.9 -
1977 $1,039 - $152.7 -
1976 $873 - $134.4 -
1975 $718 - $124.1 -
1974 $651 - $68.9 -
1973 $531 - $66.9 -
1972 $460 - $58.4 -
1971 $412 - $54.4 -
1970 $409 - $55.2 -
1969 $474 - $48.9 -
1968 $409 - $46 -
1967 $497 - $44 -
1966 $558 - $35.4 -
1965 $546 - $43.5 -
1964 - - $39 -
1963 - - $39.3 -
1962 - - $39.2 -
1961 - - $39.3 -
1960 - - $39.4 -

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

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

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $1,000 in Rwanda, ranking 178/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Rwanda ranks 168th at $3,711.

Economic indicators

Jordan Rwanda
Gross domestic product
$53.4B
2024
$14.3B
2024
GDP rank
90/197
2024
144/197
2024
GDP growth
2.49%
2023-2024
8.89%
2023-2024
GDP per capita
$4,618
2024
$1,000
2024
GDP per capita rank
123/197
2024
178/197
2024
GDP per capita, PPP
$10,821
2024
$3,711
2024
GDP per capita PPP rank
131/197
2024
168/197
2024
Government debt
$48.1B
2024
$9.58B
2024
Debt-to-GDP ratio
90.2%
2024
67.2%
2024
Government debt per person
$4,167
2024
$672
2024
Government debt per person rank
91/185
2024
157/185
2024
Average annual personal income after taxes
$4,787
2026
$2,194
2026
Market capitalization of domestic companies
$24.9B
2024
$2.75B
2024
Income share by richest 10%
27.4%
2010
33.4%
2023
Income share by poorest 10%
3.5%
2010
3.1%
2023
Government expenditure, % of GDP
33%
2024
28.8%
2024
Consumer prices inflation
1.56%
2023-2024
1.77%
2023-2024
Central bank interest rate
5.75%
2025
6.75%
2025
Unemployment rate
16.6%
2023
11.3%
2024
Population
11555022
14975051

Spending and national debt comparison by year

Jordan
Spending

Debt
Rwanda
Spending

Debt
1x
Year % of GDP
Jordan Rwanda
Government spending Government debt Government spending Government debt
2024 33% 90.2% 28.8% 67.2%
2023 32.9% 89% 27% 63.4%
2022 33.3% 88.6% 29.7% 60.9%
2021 34.1% 87.6% 31.6% 67.3%
2020 33.7% 104.5% 33.5% 68.7%
2019 32.4% 92.9% 28.2% 53.6%
2018 32% 87.4% 26.4% 49.2%
2017 29.6% 86.1% 25.1% 45.6%
2016 29.8% 85% 25.1% 41.1%
2015 31.7% 83.4% 26.6% 33.1%
2014 39.2% 78.6% 27.5% 29.1%
2013 36.4% 78.1% 26.2% 26.7%
2012 32.2% 73.8% 24.6% 19.1%
2011 27.4% 63.9% 24.7% 18.7%
2010 29.8% 59.5% 23.8% 18.8%
2009 35.9% 55.5% 22.3% 18.5%
2008 35.8% 53.2% 22.5% 18.3%
2007 37.7% 64.4% 22.4% 22.1%
2006 34.7% 65.6% 20.6% 22.5%
2005 37.3% 80.5% 19.9% 58.9%
2004 36.6% 86% 17.9% 80.9%
2003 36% 94.6% 18.5% 79.5%
2002 32.9% 91.3% 20.5% 92%
2001 32.1% 89.7% 19.1% 84%
2000 33.1% 85.6% 18.2% 86%
1999 32.7% 98.1% 22.4% 78.4%
1998 34.9% 99.8% 16.4% 70.1%
1997 33.9% 98.1% 17% 72.2%
1996 36.2% 104.9% 19.5% 83.4%
1995 35.5% 106.1% 18% 100.8%
1994 34.3% 116.2% 13.3% -
1993 36.4% 126.6% 20.3% -
1992 35.5% 139.6% 21.5% -
1991 44.9% 187% - -
1990 44% 204.8% - -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

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

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Rwanda spent $4.1B, or 28.8% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 67.2% in Rwanda, ranking 32/185 and 65/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Rwanda
1x
Year Deficit/surplus, % of GDP
Jordan Rwanda
2024 -7.33% -6.57%
2023 -6.89% -5.04%
2022 -6.8% -5.74%
2021 -8.45% -7%
2020 -10.1% -9.54%
2019 -7.19% -5.08%
2018 -5.78% -2.57%
2017 -3.61% -2.52%
2016 -3.71% -2.27%
2015 -7.1% -2.68%
2014 -15.5% -3.92%
2013 -16.1% -1.27%
2012 -13.8% -2.38%
2011 -5.61% -0.86%
2010 -5.43% -0.64%
2009 -8.66% 0.26%
2008 -5.38% 0.83%
2007 -5.45% -1.56%
2006 -3.82% -0.03%
2005 -5.36% 1.12%
2004 -1.09% 2.27%
2003 -2.52% -1.23%
2002 -4.44% -2.03%
2001 -2.77% -1.8%
2000 -3.99% -0.22%
1999 -2.69% -4.41%
1998 -5.4% -2.59%
1997 -2.97% -2.22%
1996 -3.25% -5.01%
1995 -1.72% -2.04%
1994 -2.3% -9.54%
1993 -2.14% -6.6%
1992 1.87% -7.21%
1991 -10.2% -
1990 -7.45% -
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/rwanda | 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 Rwanda's deficit of $936M, or 6.57% of GDP.

Over the past 33 years, Jordan recorded a fiscal deficit in 32 of those years, while Rwanda ran a deficit in 29 years. On average, Jordan posted an annual deficit equal to 5.62% of GDP, compared to deficit of 3.03% of GDP for Rwanda.

Inflation comparison by year

Inflation
Jordan

Rwanda
1x
Year Consumer prices inflation
Jordan Rwanda
2024 1.56% 1.77%
2023 2.08% 19.8%
2022 4.23% 17.7%
2021 1.35% -0.39%
2020 0.33% 9.85%
2019 0.76% 3.35%
2018 4.46% -0.31%
2017 3.32% 8.28%
2016 -0.78% 7.17%
2015 -0.88% 2.53%
2014 2.9% 2.35%
2013 4.82% 5.92%
2012 4.52% 10.3%
2011 4.16% 3.08%
2010 4.85% -0.25%
2009 -0.74% 12.9%
2008 14% 15.4%
2007 4.74% 9.08%
2006 6.25% 8.88%
2005 3.49% 9.01%
2004 3.36% 12.3%
2003 1.63% 7.45%
2002 1.83% 1.99%
2001 1.77% 3.34%
2000 0.67% 3.9%
1999 0.61% -2.41%
1998 3.09% 6.21%
1997 3.04% 12%

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

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

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 6.83% in Rwanda. In 2024, inflation was 1.56% in Jordan and 1.77% in Rwanda.

Top exports between countries

Jordan
Export category Export value
Chemicals & pharma $3.3M
Wood & paper products $96K
Miscellaneous $83K
Processed food, beverages & tobacco $53K
Textiles & consumer goods $28K
Machinery & equipment $18K
Raw materials & minerals $13K
Rwanda
Export category Export value
Raw agricultural goods $162K
Textiles & consumer goods $17K
Chemicals & pharma $3K
Precious metals & jewellery $2K
Wood & paper products $2K
Machinery & equipment $1K
Miscellaneous $1K

Balance of trade

Jordan Rwanda
Current account balance
-$3.13B
2024
-$1.81B
2024
Current account balance ranking
158/190
2024
140/190
2024
Current account balance, % of GDP
-5.86%
2024
-12.7%
2024
Goods imports
$23.9B
2024
$5.55B
2024
Goods exports
$13.3B
2024
$3.2B
2024
Service imports
$6.5B
2024
$991M
2024
Service exports
$9.45B
2024
$1.08B
2024
Imports of goods and services, % of GDP
57.1%
2024
39.1%
2024
Exports of goods and services, % of GDP
42.6%
2024
30.8%
2024

Economic freedom indices

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

Jordan Rwanda
Economic freedom 59.3 56.5
Economic freedom ranking 104/197 121/197
Property rights 52.3 60.3
Government integrity 51 53.9
Judicial effectiveness 44 27.5
Tax burden 84.1 80.6
Government spending 67.2 75.7
Fiscal health 5.2 37.5
Business freedom 62.7 60.1
Labor freedom 51.3 49.1
Monetary freedom 81.2 72.3
Trade freedom 82 61.8
Investment freedom 70 60
Financial freedom 60 40

Economic freedom comparison by year

Jordan
Rwanda
1x
Year Economic freedom index
Jordan Rwanda
2026 59.3 56.5
2025 59.4 54.8
2024 58.3 51.6
2023 58.8 52.2
2022 60.1 57.1
2021 64.6 68.3
2020 66 70.9
2019 66.5 71.1
2018 64.9 69.1
2017 66.7 67.6
2016 68.3 63.1
2015 69.3 64.8
2014 69.2 64.7
2013 70.4 64.1
2012 69.9 64.9
2011 68.9 62.7
2010 66.1 59.1
2009 65.4 54.2
2008 64.1 54.2
2007 64.5 52.4
2006 63.7 52.8
2005 66.7 51.7
2004 66.1 53.3
2003 65.3 47.8
2002 66.2 50.4
2001 68.3 45.4
2000 67.5 42.3
1999 67.4 39.8
1998 66.8 39.1
1997 63.6 38.3
1996 60.8 -
1995 62.7 -

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 56.5 for Rwanda, ranking 121/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Rwanda
Services, % of GDP
60.4%
2024
47.6%
2024
Industry, % of GDP
25.1%
2024
21%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
24.6%
2024
GNI, Atlas method
$51.2B
2024
$14.8B
2024
GNI per capita, PPP
$10,570
2024
$3,620
2024
Total reserves including gold
$21.9B
2024
$2.41B
2024
Total reserves ranking
60/177
2024
123/177
2024
Net foreign direct investment
-$1.58B
2024
-$560M
2024
Net inflows of foreign direct investment
$1.63B
2024
$573M
2024
Net outflows of foreign direct investment
$54.1M
2024
$13.2M
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
3.09%
2024
Poverty at national poverty lines
14.2%
2020
27.4%
2023
Gross capital formation, % of GDP
25.2%
2021
25.9%
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/rwanda | CC BY

Compare countries by 7 more topics

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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 (2020–2023, 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.