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Economy of Jordan vs Turkey compared: GDP & Debt

Updated on by Georank

Jordan has a GDP of $61.6B compared to $1.6T for Turkey, ranking 90/197 and 16/197 by economy size, respectively.

Jordan has $51B in government debt (82.8% of GDP), compared to $375B (23.5% of GDP) in Turkey.

Jordan vs Turkey GDP by year

Jordan
Turkey
1x
Year GDP, current $
Jordan Turkey
2025 $61,610,052,535 $1,597,293,229,287
2024 $58,618,380,563 $1,359,123,768,774
2023 $56,123,472,113 $1,141,242,864,657
2022 $53,516,930,141 $926,097,476,914
2021 $50,702,940,986 $839,938,668,172
2020 $47,931,770,986 $733,628,247,119
2019 $48,640,273,803 $775,853,144,223
2018 $47,435,850,423 $788,356,985,774
2017 $45,535,614,366 $863,874,522,365
2016 $43,688,498,732 $870,818,016,910
2015 $42,394,049,296 $865,460,050,684
2014 $40,535,098,592 $942,343,431,929
2013 $37,873,362,958 $962,167,643,589
2012 $34,854,017,887 $885,327,622,479
2011 $32,640,291,549 $844,192,507,381
2010 $30,202,773,521 $782,545,664,268
2009 $27,462,496,197 $653,894,449,921
2008 $25,651,620,831 $775,415,944,333
2007 $17,110,437,236 $685,228,481,017
2006 $15,056,981,664 $559,668,118,237
2005 $12,588,998,590 $508,314,210,213
2004 $11,411,706,629 $410,156,784,496
2003 $10,195,627,645 $315,392,899,922
2002 $9,582,510,578 $240,778,008,474
2001 $8,975,814,653 $202,195,080,239
2000 $8,460,789,845 $274,748,463,179
1999 $8,149,929,478 $256,673,939,248
1998 $7,912,270,804 $276,035,372,655
1997 $7,245,839,210 $263,817,553,748
1996 $6,927,503,526 $250,366,965,174
1995 $6,727,597,032 $234,699,627,004
1994 $6,236,295,978 $130,650,447,499
1993 $5,606,400,222 $180,415,757,852
1992 $5,310,833,194 $159,104,772,992
1991 $4,344,467,193 $151,034,731,544
1990 $4,160,087,508 $150,655,500,192
1989 $4,221,373,674 $107,127,191,329
1988 $6,277,451,829 $90,875,175,809
1987 $6,756,209,762 $87,190,081,680
1986 $6,402,050,485 $75,673,037,037
1985 $4,993,601,520 $67,232,758,621
1984 $4,967,162,160 $59,937,602,180
1983 $4,920,692,191 $61,803,555,556
1982 $4,681,240,993 $64,369,325,153
1981 $4,383,944,703 $71,180,180,180
1980 $3,910,044,474 $68,823,684,211
1979 $3,271,368,781 $89,616,129,032
1978 $2,602,208,589 $65,912,500,000
1977 $2,096,778,602 $58,683,333,333
1976 $1,708,521,219 $51,450,000,000
1975 $1,363,073,498 $46,042,857,143
1974 $1,197,483,949 $35,414,285,714
1973 $943,783,840 $26,000,000,000
1972 $788,479,685 $20,650,000,000
1971 $678,159,729 $16,166,666,667
1970 $639,519,744 $17,863,636,364
1969 $698,879,720 $19,466,666,667
1968 $561,119,776 $17,500,000,000
1967 $631,679,747 $15,644,444,444
1966 $657,999,737 $14,100,000,000
1965 $599,759,760 $11,966,666,667
1964 - $11,177,777,778
1963 - $10,355,555,556
1962 - $8,922,222,222
1961 - $7,988,888,889
1960 - $7,566,666,667

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

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

GDP per capita in Jordan vs Turkey by year

Jordan
GDP per capita

GDP per capita, PPP
Turkey
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Turkey
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,348 - $18,599 -
2024 $5,074 $10,821 $15,893 $45,639
2023 $4,906 $10,412 $13,375 $42,786
2022 $4,754 $9,927 $10,898 $39,564
2021 $4,582 $9,182 $9,982 $32,106
2020 $4,411 $9,579 $8,798 $29,209
2019 $4,558 $9,429 $9,395 $29,016
2018 $4,534 $9,042 $9,684 $28,640
2017 $4,449 $9,266 $10,756 $28,354
2016 $4,366 $8,748 $10,984 $26,731
2015 $4,442 $8,967 $11,065 $25,890
2014 $4,611 $9,145 $12,209 $24,193
2013 $4,739 $9,817 $12,636 $22,475
2012 $4,594 $9,739 $11,777 $20,739
2011 $4,363 $9,632 $11,374 $19,717
2010 $4,139 $9,417 $10,699 $17,466
2009 $3,845 $9,291 $9,077 $15,560
2008 $3,670 $8,983 $10,913 $16,142
2007 $2,506 $8,416 $9,767 $14,951
2006 $2,343 $8,046 $7,990 $13,555
2005 $2,088 $7,697 $7,332 $11,803
2004 $1,940 $7,074 $5,980 $10,759
2003 $1,776 $6,500 $4,650 $9,474
2002 $1,706 $6,256 $3,591 $9,154
2001 $1,632 $5,948 $3,052 $9,014
2000 $1,571 $5,641 $4,199 $9,326
1999 $1,545 $5,402 $3,974 $8,470
1998 $1,532 $5,264 $4,331 $8,763
1997 $1,436 $5,171 $4,197 $11,514
1996 $1,410 $5,055 $4,041 $10,624
1995 $1,416 $5,027 $3,846 $9,962
1994 $1,367 $4,830 $2,176 $9,253
1993 $1,289 $4,726 $3,058 $9,751
1992 $1,287 $4,654 $2,744 $8,969
1991 $1,110 $4,195 $2,649 $8,418
1990 $1,149 $4,317 $2,690 $8,208
1989 $1,260 - $1,949 -
1988 $1,966 - $1,686 -
1987 $2,217 - $1,650 -
1986 $2,200 - $1,461 -
1985 $1,797 - $1,326 -
1984 $1,871 - $1,209 -
1983 $1,939 - $1,276 -
1982 $1,929 - $1,360 -
1981 $1,885 - $1,537 -
1980 $1,750 - $1,516 -
1979 $1,519 - $2,013 -
1978 $1,249 - $1,510 -
1977 $1,039 - $1,372 -
1976 $873 - $1,228 -
1975 $718 - $1,122 -
1974 $651 - $881 -
1973 $531 - $661 -
1972 $460 - $537 -
1971 $412 - $431 -
1970 $409 - $488 -
1969 $474 - $544 -
1968 $409 - $501 -
1967 $497 - $459 -
1966 $558 - $425 -
1965 $546 - $370 -
1964 - - $354 -
1963 - - $337 -
1962 - - $298.2 -
1961 - - $274.4 -
1960 - - $267.1 -

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

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

Jordan's GDP per capita is $5,348, ranking 120/197, compared to $18,599 in Turkey, ranking 66/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Turkey ranks 51st at $45,639.

Economic indicators

Jordan Turkey
Gross domestic product
$61.6B
2025
$1.6T
2025
GDP rank
90/197
2025
16/197
2025
GDP growth
2.83%
2024-2025
3.6%
2024-2025
GDP per capita
$5,348
2025
$18,599
2025
GDP per capita rank
120/197
2025
66/197
2025
GDP per capita, PPP
$10,821
2024
$45,639
2024
GDP per capita PPP rank
131/197
2024
51/197
2024
Government debt
$51B
2025
$375B
2025
Debt-to-GDP ratio
82.8%
2025
23.5%
2025
Government debt per person
$4,430
2025
$4,367
2025
Government debt per person rank
91/185
2025
92/185
2025
Average annual personal income after taxes
$4,506
2026
$12,616
2026
Market capitalization of domestic companies
$37.4B
2025
$404B
2025
Number of millionaires n/a
93,000
2026
Number of billionaires n/a
32
2026
Income share by richest 10%
27.4%
2010
34.4%
2023
Income share by poorest 10%
3.5%
2010
2.1%
2023
Government expenditure, % of GDP
33.7%
2025
32.4%
2025
Consumer prices inflation
1.77%
2024-2025
34.9%
2024-2025
Central bank interest rate
5.75%
2025
37%
2026
Unemployment rate
16.8%
2024
8.4%
2025
Population
11538682
86225430

Spending and national debt comparison by year

Jordan
Spending

Debt
Turkey
Spending

Debt
1x
Year % of GDP
Jordan Turkey
Government spending Government debt Government spending Government debt
2025 33.7% 82.8% 32.4% 23.5%
2024 34.6% 82.1% 32.9% 23.6%
2023 33.9% 81% 32.7% 28.2%
2022 32.8% 80.7% 26.8% 29.4%
2021 33.8% 79.9% 30.5% 38.9%
2020 33% 77.9% 34% 38.3%
2019 32.7% 69.4% 34.8% 31.2%
2018 33.3% 67.9% 33.9% 28.8%
2017 31.7% 69.1% 32.4% 26.9%
2016 30% 70.7% 33.8% 27%
2015 32.3% 71.4% 32.4% 26.5%
2014 36.3% 68.2% 32.5% 27.4%
2013 34.5% 68.8% 33.5% 29.5%
2012 28.3% 64% 34% 30.8%
2011 29.3% 56.1% 32.6% 34.8%
2010 26.6% 53.4% 35.2% 38.6%
2009 30.7% 51.8% 37% 42.4%
2008 29.6% 47.9% 33.5% 37%
2007 32.4% 58.2% 32.7% 37.1%
2006 34% 60% 33.4% 44.2%
2005 36.6% 66.1% 32% 50.2%
2004 35.1% 73.8% 34.5% 57%
2003 35% 80.4% 38.3% 63.6%
2002 31.6% 85.9% 40.9% 71.2%
2001 30.6% 85.5% 43.9% 75.6%
2000 31.2% 89.9% 39.4% 51.2%
1999 31.8% 98.7% 32.7% 52.1%
1998 32.3% 96.3% 27.9% 36.5%
1997 30.7% 94.7% 26.4% 32.5%
1996 32.6% 101.2% 24.5% 35.5%
1995 32.1% 102.4% 19.4% 34.6%
1994 30.6% 112.1% 20.5% 39.2%
1993 32.5% 122.1% 22% 29.1%
1992 31.7% 134.7% 18.6% 29.2%
1991 39.6% 180.5% 18.2% 28.4%
1990 39.9% 197.7% 14.1% 25.8%
1989 42.5% 195.4% 13.8% 33.5%
1988 44.3% 129.3% 12.9% 38.6%
1987 42.1% 101.9% 13.3% 40.3%
1986 33.8% 84.3% 12.1% 38.2%
1985 42.4% 85.2% 18% 44.3%
1984 - - 14.1% 42.6%
1983 - - 14.9% 32.7%
1982 - - 19.2% 33.4%
1981 - - 24% 32%
1980 - - 25.5% 22.4%
1979 - - 28.3% 23.6%
1978 - - 27.6% 25.8%
1977 - - 27.8% 24%
1976 - - 23.3% 20.4%
1975 - - 22% 20.2%
1974 - - 19% 19%
1973 - - 21.8% 23.1%
1972 - - 21.9% 30.1%
1971 - - 24.8% 34.4%
1970 - - 22.7% 39.8%
1969 - - 20.5% 33.2%
1968 - - 19% 33.2%
1967 - - 20.1% 33.3%
1966 - - 18.9% 33.4%
1965 - - 19% 33.4%
1964 - - 18.9% 25.7%
1963 - - 17.5% 27.6%
1962 - - 15.7% 28.8%
1961 - - 22.9% 28.9%
1960 - - 15.6% 19.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Jordan's government spending was $20.8B, accounting for 33.7% of its GDP, while Turkey spent $517B, or 32.4% of GDP.

Debt-to-GDP ratio is 82.8% in Jordan and 23.5% in Turkey, ranking 39/185 and 169/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Turkey
1x
Year Deficit/surplus, % of GDP
Jordan Turkey
2025 -6.35% -2.78%
2024 -7.27% -4.51%
2023 -6.49% -5.19%
2022 -4.9% -1.1%
2021 -6.62% -2.98%
2020 -7.56% -4.64%
2019 -5.06% -4.69%
2018 -4.23% -3.1%
2017 -3.22% -1.87%
2016 -2.62% -1.68%
2015 -5.18% -0.51%
2014 -6.75% -0.96%
2013 -8.78% -1.21%
2012 -3.33% -1.78%
2011 -1.21% -0.35%
2010 0.19% -2.99%
2009 -2.28% -5.14%
2008 1.92% -2.13%
2007 2.76% -1.37%
2006 -1.86% -0.22%
2005 -2.2% -0.75%
2004 0.56% -4.11%
2003 -1.6% -7.55%
2002 -3.21% -11.3%
2001 -1.13% -11.6%
2000 -1.85% -8.36%
1999 -1.13% -13.8%
1998 -5.59% -9.84%
1997 -2.68% -10.1%
1996 -2.69% -10.7%
1995 -1.45% -5.95%
1994 -1.67% -6.04%
1993 -1.43% -8.84%
1992 2.07% -6.73%
1991 -8.1% -6.86%
1990 -6.82% -3.65%
1989 -6.89% -3.87%
1988 -13% -3.2%
1987 -13.4% -3.47%
1986 -2.39% -2.43%
1985 -6.9% -5.84%
1984 - -3.77%
1983 - -1.45%
1982 - -1.61%
1981 - -1.5%
1980 - -3.67%
1979 - -3.06%
1978 - -1.83%
1977 - -5.1%
1976 - -0.6%
1975 - -0.19%
1974 - -1.02%
1973 - -0.98%
1972 - -0.13%
1971 - -3.05%
1970 - 0.14%
1969 - -1.45%
1968 - -0.62%
1967 - 0.1%
1966 - -0.66%
1965 - -1.18%
1964 - -0.84%
1963 - 0%
1962 - -0.16%
1961 - -1%
1960 - -0.83%
1959 - -0.78%
1958 - -0.45%
1957 - -0.66%
1956 - -0.84%
1955 - -0.85%
1954 - -1.12%
1953 - -0.12%
1952 - -0.1%
1951 - 0.48%
1950 - -0.53%
1949 - 0.81%
1948 - 0.84%
1947 - -
1946 - -
1945 - 1.01%
1944 - -
1943 - 0.22%
1942 - -
1941 - -
1940 - -
1939 - -
1938 - 1.18%
1937 - -
1936 - 1.43%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1936–1999, retrieved 2026-07-08).

GeoRank.org/economy/jordan/turkey | 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 Turkey's deficit of $44.4B, or 2.78% of GDP.

Over the past 41 years, Jordan recorded a fiscal deficit in 36 of those years, while Turkey ran a deficit in 41 years. On average, Jordan posted an annual deficit equal to 3.91% of GDP, compared to deficit of 4.74% of GDP for Turkey.

Inflation comparison by year

Inflation
Jordan

Turkey
1x
Year Consumer prices inflation
Jordan Turkey
2025 1.77% 34.9%
2024 1.56% 58.5%
2023 2.08% 53.9%
2022 4.23% 72.3%
2021 1.35% 19.6%
2020 0.33% 12.3%
2019 0.76% 15.2%
2018 4.46% 16.3%
2017 3.32% 11.1%
2016 -0.78% 7.78%
2015 -0.88% 7.67%
2014 2.9% 8.85%
2013 4.82% 7.49%
2012 4.52% 8.89%
2011 4.16% 6.47%
2010 4.85% 8.57%
2009 -0.74% 6.25%
2008 14% 10.4%
2007 4.74% 8.76%
2006 6.25% 9.6%
2005 3.49% 8.18%
2004 3.36% 8.6%
2003 1.63% 21.6%
2002 1.83% 45%
2001 1.77% 54.4%
2000 0.67% 54.9%
1999 0.61% 64.9%
1998 3.09% 84.6%
1997 3.04% 85.7%

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

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

Over the past 29 years, Jordan has recorded an average annual inflation rate of 2.87%, compared with 28% in Turkey. In 2025, inflation was 1.77% in Jordan and 34.9% in Turkey.

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $69.2M
Machinery & equipment $22.7M
Processed food, beverages & tobacco $11M
Raw agricultural goods $9.21M
Chemicals & pharma $6.03M
Metals $5.35M
Textiles & consumer goods $5.19M
Precious metals & jewellery $3.89M
Animal & marine products $1.03M
Wood & paper products $88K
Turkey
Export category Export value
Textiles & consumer goods $539M
Machinery & equipment $340M
Chemicals & pharma $260M
Metals $186M
Processed food, beverages & tobacco $180M
Raw materials & minerals $134M
Raw agricultural goods $90.8M
Precious metals & jewellery $77.3M
Wood & paper products $50.5M
Animal & marine products $31.1M

Balance of trade

Jordan Turkey
Current account balance
-$3.13B
2024
-$10.4B
2024
Current account balance ranking
152/190
2024
175/190
2024
Current account balance, % of GDP
-5.33%
2024
-0.77%
2024
Goods imports
$23.9B
2024
$313B
2024
Goods exports
$13.3B
2024
$257B
2024
Service imports
$6.5B
2024
$55.8B
2024
Service exports
$9.45B
2024
$117B
2024
Imports of goods and services, % of GDP
57.1%
2024
25.1%
2025
Exports of goods and services, % of GDP
42.6%
2024
24.8%
2025

Economic freedom indices

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

Jordan Turkey
Economic freedom 59.3 55
Economic freedom ranking 104/197 129/197
Property rights 52.3 36.4
Government integrity 51 35.3
Judicial effectiveness 44 23.5
Tax burden 84.1 72
Government spending 67.2 71.8
Fiscal health 5.2 77.8
Business freedom 62.7 61.6
Labor freedom 51.3 44.3
Monetary freedom 81.2 36.5
Trade freedom 82 71
Investment freedom 70 70
Financial freedom 60 60

Economic freedom comparison by year

Jordan
Turkey
1x
Year Economic freedom index
Jordan Turkey
2026 59.3 55
2025 59.4 56.1
2024 58.3 56.2
2023 58.8 56.9
2022 60.1 56.9
2021 64.6 64
2020 66 64.4
2019 66.5 64.6
2018 64.9 65.4
2017 66.7 65.2
2016 68.3 62.1
2015 69.3 63.2
2014 69.2 64.9
2013 70.4 62.9
2012 69.9 62.5
2011 68.9 64.2
2010 66.1 63.8
2009 65.4 61.6
2008 64.1 59.9
2007 64.5 57.4
2006 63.7 57
2005 66.7 50.6
2004 66.1 52.8
2003 65.3 51.9
2002 66.2 54.2
2001 68.3 60.6
2000 67.5 63.4
1999 67.4 59.2
1998 66.8 60.9
1997 63.6 60.8
1996 60.8 56.7
1995 62.7 58.4

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 55 for Turkey, ranking 129/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Turkey
Services, % of GDP
56.8%
2025
59.4%
2025
Industry, % of GDP
27.4%
2025
24%
2025
Agriculture, forestry, and fishing, % of GDP
5.56%
2025
5.21%
2025
GNI, Atlas method
$60.6B
2025
$1.4T
2025
GNI per capita, PPP
$12,440
2025
$44,630
2025
Total reserves including gold
$26.6B
2025
$186B
2025
Total reserves ranking
61/177
2025
20/177
2025
Net foreign direct investment
-$1.58B
2024
-$5.08B
2024
Net inflows of foreign direct investment
$1.63B
2024
$11.7B
2024
Net outflows of foreign direct investment
$54.1M
2024
$6.61B
2024
Servicing debt to the IMF, % of GNI
7.85%
2024
6.68%
2024
Poverty at national poverty lines
14.2%
2020
13%
2024
Gross capital formation, % of GDP
23%
2021
31.7%
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/turkey | 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 (1936–1999, 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 (2024–2025, 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.