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Economy of Jordan vs Thailand compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $527B for Thailand, ranking 90/197 and 31/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $333B (63.2% of GDP) in Thailand.

Jordan vs Thailand GDP by year

Jordan
Thailand
1x
Year GDP, current $
Jordan Thailand
2024 $53,352,289,577 $526,517,658,842
2023 $51,088,476,338 $515,906,283,941
2022 $48,764,963,380 $495,644,697,588
2021 $46,296,100,141 $506,194,668,790
2020 $43,700,383,099 $500,461,898,480
2019 $44,503,006,338 $543,976,691,794
2018 $43,370,860,704 $506,754,208,404
2017 $41,608,435,915 $456,356,813,537
2016 $39,892,551,127 $413,366,349,748
2015 $38,587,017,887 $401,296,238,228
2014 $36,847,643,521 $407,339,040,198
2013 $34,454,440,141 $420,333,654,593
2012 $31,634,561,690 $397,558,325,279
2011 $29,524,149,155 $370,818,739,624
2010 $27,133,804,225 $341,104,766,329
2009 $24,537,876,056 $281,710,630,187
2008 $22,658,715,989 $291,382,982,431
2007 $17,110,437,236 $262,942,621,455
2006 $15,056,981,664 $221,758,296,022
2005 $12,588,998,590 $189,318,408,469
2004 $11,411,706,629 $172,895,685,155
2003 $10,195,627,645 $152,280,615,246
2002 $9,582,510,578 $134,300,904,400
2001 $8,975,814,653 $120,296,476,180
2000 $8,460,789,845 $126,392,224,254
1999 $8,149,929,478 $126,669,211,779
1998 $7,912,270,804 $113,675,596,788
1997 $7,245,839,210 $150,180,456,566
1996 $6,927,503,526 $183,035,237,429
1995 $6,727,597,032 $169,278,916,593
1994 $6,236,295,978 $146,683,778,959
1993 $5,606,400,222 $128,889,262,951
1992 $5,310,833,194 $111,452,746,518
1991 $4,344,467,193 $98,234,714,971
1990 $4,160,087,508 $85,343,190,719
1989 $4,221,373,674 $72,250,748,100
1988 $6,277,451,829 $61,667,253,471
1987 $6,756,209,762 $50,535,446,555
1986 $6,402,050,485 $43,096,773,981
1985 $4,993,601,520 $38,900,711,333
1984 $4,967,162,160 $41,797,647,776
1983 $4,920,692,191 $40,042,798,388
1982 $4,681,240,993 $36,589,772,404
1981 $4,383,944,703 $34,846,039,194
1980 $3,910,044,474 $32,353,514,989
1979 $3,271,368,781 $27,371,650,825
1978 $2,602,208,589 $24,006,566,637
1977 $2,096,778,602 $19,779,312,261
1976 $1,708,521,219 $16,985,208,648
1975 $1,363,073,498 $14,882,770,594
1974 $1,197,483,949 $13,702,998,512
1973 $943,783,840 $10,838,587,358
1972 $788,479,685 $8,177,873,151
1971 $678,159,729 $7,375,000,024
1970 $639,519,744 $7,086,538,438
1969 $698,879,720 $6,695,336,567
1968 $561,119,776 $6,081,009,428
1967 $631,679,747 $5,638,461,442
1966 $657,999,737 $5,279,230,817
1965 $599,759,760 $4,388,937,649
1964 - $3,889,129,942
1963 - $3,540,403,457
1962 - $3,308,912,797
1961 - $3,034,037,811
1960 - $2,760,750,861

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

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

GDP per capita in Jordan vs Thailand by year

Jordan
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $7,347 $24,712
2023 $4,466 $10,412 $7,195 $23,519
2022 $4,332 $9,927 $6,909 $22,243
2021 $4,183 $9,182 $7,057 $20,243
2020 $4,022 $9,579 $6,986 $19,164
2019 $4,170 $9,429 $7,606 $19,963
2018 $4,145 $9,042 $7,100 $18,876
2017 $4,066 $9,266 $6,413 $17,573
2016 $3,987 $8,748 $5,834 $16,671
2015 $4,043 $8,967 $5,689 $15,791
2014 $4,191 $9,145 $5,801 $15,365
2013 $4,311 $9,817 $6,018 $15,216
2012 $4,170 $9,739 $5,726 $14,617
2011 $3,947 $9,632 $5,374 $13,227
2010 $3,718 $9,417 $4,974 $12,932
2009 $3,436 $9,291 $4,135 $11,964
2008 $3,242 $8,983 $4,309 $12,062
2007 $2,506 $8,416 $3,919 $11,723
2006 $2,343 $8,046 $3,331 $10,912
2005 $2,088 $7,697 $2,868 $10,169
2004 $1,940 $7,074 $2,642 $9,545
2003 $1,776 $6,500 $2,348 $8,824
2002 $1,706 $6,256 $2,090 $8,148
2001 $1,632 $5,948 $1,890 $7,632
2000 $1,571 $5,641 $2,006 $7,289
1999 $1,545 $5,402 $2,033 $6,901
1998 $1,532 $5,264 $1,848 $6,590
1997 $1,436 $5,171 $2,473 $7,148
1996 $1,410 $5,055 $3,055 $7,322
1995 $1,416 $5,027 $2,864 $6,901
1994 $1,367 $4,830 $2,518 $6,341
1993 $1,289 $4,726 $2,245 $5,834
1992 $1,287 $4,654 $1,972 $5,347
1991 $1,110 $4,195 $1,766 $4,914
1990 $1,149 $4,317 $1,559 $4,451
1989 $1,260 - $1,342 -
1988 $1,966 - $1,164 -
1987 $2,217 - $970 -
1986 $2,200 - $842 -
1985 $1,797 - $774 -
1984 $1,871 - $847 -
1983 $1,939 - $827 -
1982 $1,929 - $770 -
1981 $1,885 - $748 -
1980 $1,750 - $709 -
1979 $1,519 - $612 -
1978 $1,249 - $548 -
1977 $1,039 - $462 -
1976 $873 - $405 -
1975 $718 - $364 -
1974 $651 - $343 -
1973 $531 - $278.3 -
1972 $460 - $215.6 -
1971 $412 - $199.7 -
1970 $409 - $197.1 -
1969 $474 - $191.4 -
1968 $409 - $178.8 -
1967 $497 - $170.7 -
1966 $558 - $164.5 -
1965 $546 - $140.9 -
1964 - - $128.6 -
1963 - - $120.7 -
1962 - - $116.2 -
1961 - - $109.7 -
1960 - - $102.8 -

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

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

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $7,347 in Thailand, ranking 100/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Thailand ranks 85th at $24,712.

Economic indicators

Jordan Thailand
Gross domestic product
$53.4B
2024
$527B
2024
GDP rank
90/197
2024
31/197
2024
GDP growth
2.49%
2023-2024
2.54%
2023-2024
GDP per capita
$4,618
2024
$7,347
2024
GDP per capita rank
123/197
2024
100/197
2024
GDP per capita, PPP
$10,821
2024
$24,712
2024
GDP per capita PPP rank
131/197
2024
85/197
2024
Government debt
$48.1B
2024
$333B
2024
Debt-to-GDP ratio
90.2%
2024
63.2%
2024
Government debt per person
$4,167
2024
$4,643
2024
Government debt per person rank
91/185
2024
84/185
2024
Average annual personal income after taxes
$4,787
2026
$6,733
2026
Market capitalization of domestic companies
$24.9B
2024
$520B
2024
Number of millionaires n/a
100,001
2025
Number of billionaires n/a
25
2025
Income share by richest 10%
27.4%
2010
26.1%
2023
Income share by poorest 10%
3.5%
2010
3.4%
2023
Government expenditure, % of GDP
33%
2024
22.7%
2024
Consumer prices inflation
1.56%
2023-2024
1.37%
2023-2024
Central bank interest rate
5.75%
2025
1.5%
2025
Unemployment rate
16.6%
2023
0.78%
2024
Population
11555022
71571743

Spending and national debt comparison by year

Jordan
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Jordan Thailand
Government spending Government debt Government spending Government debt
2024 33% 90.2% 22.7% 63.2%
2023 32.9% 89% 22.8% 62.3%
2022 33.3% 88.6% 24.7% 60.5%
2021 34.1% 87.6% 26.8% 58.3%
2020 33.7% 104.5% 24.9% 49.4%
2019 32.4% 92.9% 20.6% 41.1%
2018 32% 87.4% 21.2% 41.9%
2017 29.6% 86.1% 21.5% 41.8%
2016 29.8% 85% 21.4% 41.7%
2015 31.7% 83.4% 22.3% 42.6%
2014 39.2% 78.6% 22.2% 43.3%
2013 36.4% 78.1% 21.6% 42.2%
2012 32.2% 73.8% 22.3% 41.9%
2011 27.4% 63.9% 21.1% 39.1%
2010 29.8% 59.5% 22% 39.8%
2009 35.9% 55.5% 21.7% 42.4%
2008 35.8% 53.2% 19.2% 34.9%
2007 37.7% 64.4% 20% 36%
2006 34.7% 65.6% 18.7% 39.2%
2005 37.3% 80.5% 19.6% 45.5%
2004 36.6% 86% 19.3% 46.3%
2003 36% 94.6% 18.3% 47.5%
2002 32.9% 91.3% 25.7% 54.9%
2001 32.1% 89.7% 20.8% 57.5%
2000 33.1% 85.6% 19.3% 57.8%
1999 32.7% 98.1% 26.5% 56.6%
1998 34.9% 99.8% 23.9% 49.9%
1997 33.9% 98.1% 21.6% 40.5%
1996 36.2% 104.9% 18% 15.2%
1995 35.5% 106.1% 17.2% 5.12%
1994 34.3% 116.2% 16% 6.69%
1993 36.4% 126.6% 18.8% 9.14%
1992 35.5% 139.6% 17.8% 11.4%
1991 44.9% 187% 17% 14.1%
1990 44% 204.8% 16.6% 18%
1989 42.5% 195.4% 16.5% 23.7%
1988 44.3% 129.3% 15.1% 30.3%
1987 42.1% 101.9% 17.5% 38.8%
1986 33.8% 84.3% 19.5% 40.1%
1985 42.4% 85.2% 20.5% 36.8%
1984 - - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-02-20).

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

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Thailand spent $120B, or 22.7% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 63.2% in Thailand, ranking 32/185 and 74/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Thailand
1x
Year Deficit/surplus, % of GDP
Jordan Thailand
2024 -7.33% -1.29%
2023 -6.89% -1.98%
2022 -6.8% -4.61%
2021 -8.45% -6.74%
2020 -10.1% -4.47%
2019 -7.19% 0.43%
2018 -5.78% 0.2%
2017 -3.61% -0.42%
2016 -3.71% 0.41%
2015 -7.1% 0.19%
2014 -15.5% -0.7%
2013 -16.1% 0.6%
2012 -13.8% -0.86%
2011 -5.61% 0.09%
2010 -5.43% -1.07%
2009 -8.66% -2.21%
2008 -5.38% 0.8%
2007 -5.45% 0.22%
2006 -3.82% 1.87%
2005 -5.36% 2.17%
2004 -1.09% 1.11%
2003 -2.52% 1.98%
2002 -4.44% -6.72%
2001 -2.77% -1.77%
2000 -3.99% -1.79%
1999 -2.69% -9.02%
1998 -5.4% -6.29%
1997 -2.97% -1.68%
1996 -3.25% 2.75%
1995 -1.72% 3.05%
1994 -2.3% 2.78%
1993 -2.14% 6.67%
1992 1.87% -0.18%
1991 -10.2% 1.6%
1990 -7.45% 1.41%
1989 -6.89% 0.16%
1988 -13% 0.58%
1987 -13.4% -2.38%
1986 -2.39% -4.32%
1985 -6.9% -5.11%
1984 - -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-02-20).

GeoRank.org/economy/jordan/thailand | 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 Thailand's deficit of $6.81B, or 1.29% of GDP.

Over the past 40 years, Jordan recorded a fiscal deficit in 39 of those years, while Thailand ran a deficit in 20 years. On average, Jordan posted an annual deficit equal to 6.14% of GDP, compared to deficit of 0.86% of GDP for Thailand.

Inflation comparison by year

Inflation
Jordan

Thailand
1x
Year Consumer prices inflation
Jordan Thailand
2024 1.56% 1.37%
2023 2.08% 8.48%
2022 4.23% -1.61%
2021 1.35% 1.23%
2020 0.33% -0.85%
2019 0.76% 0.71%
2018 4.46% 1.06%
2017 3.32% 0.67%
2016 -0.78% 0.19%
2015 -0.88% -0.9%
2014 2.9% 1.9%
2013 4.82% 2.18%
2012 4.52% 3.01%
2011 4.16% 3.81%
2010 4.85% 3.25%
2009 -0.74% -0.85%
2008 14% 5.47%
2007 4.74% 2.24%
2006 6.25% 4.64%
2005 3.49% 4.54%
2004 3.36% 2.76%
2003 1.63% 1.8%
2002 1.83% 0.7%
2001 1.77% 1.63%
2000 0.67% 1.59%
1999 0.61% 0.28%
1998 3.09% 7.99%
1997 3.04% 5.63%

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

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

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 2.25% in Thailand. In 2024, inflation was 1.56% in Jordan and 1.37% in Thailand.

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $31M
Machinery & equipment $1M
Processed food, beverages & tobacco $342K
Metals $269K
Textiles & consumer goods $265K
Raw agricultural goods $217K
Wood & paper products $97K
Chemicals & pharma $81K
Animal & marine products $23K
Precious metals & jewellery $14K
Thailand
Export category Export value
Machinery & equipment $52.9M
Processed food, beverages & tobacco $27M
Raw materials & minerals $12.9M
Textiles & consumer goods $10.4M
Chemicals & pharma $7.21M
Metals $6.31M
Raw agricultural goods $4.81M
Wood & paper products $4.5M
Precious metals & jewellery $867K
Animal & marine products $320K

Balance of trade

Jordan Thailand
Current account balance
-$3.13B
2024
$11.6B
2024
Current account balance ranking
158/190
2024
23/190
2024
Current account balance, % of GDP
-5.86%
2024
+2.21%
2024
Goods imports
$23.9B
2024
$276B
2024
Goods exports
$13.3B
2024
$297B
2024
Service imports
$6.5B
2024
$74B
2024
Service exports
$9.45B
2024
$71.9B
2024
Imports of goods and services, % of GDP
57.1%
2024
66.7%
2024
Exports of goods and services, % of GDP
42.6%
2024
70%
2024

Economic freedom indices

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

Jordan Thailand
Economic freedom 59.3 62.2
Economic freedom ranking 104/197 88/197
Property rights 52.3 41.8
Government integrity 51 38.9
Judicial effectiveness 44 35
Tax burden 84.1 80.8
Government spending 67.2 83.6
Fiscal health 5.2 81
Business freedom 62.7 69.9
Labor freedom 51.3 56.4
Monetary freedom 81.2 73.3
Trade freedom 82 70.2
Investment freedom 70 55
Financial freedom 60 60

Economic freedom comparison by year

Jordan
Thailand
1x
Year Economic freedom index
Jordan Thailand
2026 59.3 62.2
2025 59.4 60.6
2024 58.3 59
2023 58.8 60.6
2022 60.1 63.2
2021 64.6 69.7
2020 66 69.4
2019 66.5 68.3
2018 64.9 67.1
2017 66.7 66.2
2016 68.3 63.9
2015 69.3 62.4
2014 69.2 63.3
2013 70.4 64.1
2012 69.9 64.9
2011 68.9 64.7
2010 66.1 64.1
2009 65.4 63
2008 64.1 62.3
2007 64.5 63.5
2006 63.7 63.3
2005 66.7 62.5
2004 66.1 63.7
2003 65.3 65.8
2002 66.2 69.1
2001 68.3 68.9
2000 67.5 66.6
1999 67.4 66.9
1998 66.8 67.3
1997 63.6 66.1
1996 60.8 71
1995 62.7 71.3

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Thailand
Services, % of GDP
60.4%
2024
59.2%
2024
Industry, % of GDP
25.1%
2024
32.1%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
8.71%
2024
GNI, Atlas method
$51.2B
2024
$509B
2024
GNI per capita, PPP
$10,570
2024
$23,960
2024
Total reserves including gold
$21.9B
2024
$237B
2024
Total reserves ranking
60/177
2024
15/177
2024
Net foreign direct investment
-$1.58B
2024
-$6.95B
2024
Net inflows of foreign direct investment
$1.63B
2024
$14.3B
2024
Net outflows of foreign direct investment
$54.1M
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
3.52%
2024
Poverty at national poverty lines
14.2%
2020
5.4%
2022
Gross capital formation, % of GDP
25.2%
2021
21.6%
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/thailand | CC BY

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, 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.