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Economy of Jordan vs Ukraine compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $191B for Ukraine, ranking 90/197 and 57/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $171B (89.7% of GDP) in Ukraine.

Jordan vs Ukraine GDP by year

Jordan
Ukraine
1x
Year GDP, current $
Jordan Ukraine
2024 $53,352,289,577 $190,741,262,415
2023 $51,088,476,338 $181,221,517,869
2022 $48,764,963,380 $161,989,520,721
2021 $46,296,100,141 $199,765,859,571
2020 $43,700,383,099 $156,617,722,013
2019 $44,503,006,338 $153,883,047,510
2018 $43,370,860,704 $130,891,088,294
2017 $41,608,435,915 $112,090,505,082
2016 $39,892,551,127 $93,355,869,404
2015 $38,587,017,887 $91,030,967,789
2014 $36,847,643,521 $133,503,871,862
2013 $34,454,440,141 $190,498,811,460
2012 $31,634,561,690 $182,591,753,828
2011 $29,524,149,155 $169,333,835,202
2010 $27,133,804,225 $141,209,170,427
2009 $24,537,876,056 $121,552,153,444
2008 $22,658,715,989 $188,110,390,660
2007 $17,110,437,236 $148,733,861,386
2006 $15,056,981,664 $111,884,752,475
2005 $12,588,998,590 $89,238,865,119
2004 $11,411,706,629 $67,220,154,164
2003 $10,195,627,645 $52,010,355,753
2002 $9,582,510,578 $43,956,163,612
2001 $8,975,814,653 $39,309,580,983
2000 $8,460,789,845 $32,375,083,935
1999 $8,149,929,478 $31,580,639,554
1998 $7,912,270,804 $41,882,523,345
1997 $7,245,839,210 $50,151,531,592
1996 $6,927,503,526 $44,558,831,005
1995 $6,727,597,032 $48,213,856,469
1994 $6,236,295,978 $52,549,580,265
1993 $5,606,400,222 $65,648,559,903
1992 $5,310,833,194 $73,945,908,384
1991 $4,344,467,193 $77,350,733,982
1990 $4,160,087,508 $81,393,558,423
1989 $4,221,373,674 $82,709,161,099
1988 $6,277,451,829 $74,703,517,903
1987 $6,756,209,762 $64,087,694,038
1986 $6,402,050,485 -
1985 $4,993,601,520 -
1984 $4,967,162,160 -
1983 $4,920,692,191 -
1982 $4,681,240,993 -
1981 $4,383,944,703 -
1980 $3,910,044,474 -
1979 $3,271,368,781 -
1978 $2,602,208,589 -
1977 $2,096,778,602 -
1976 $1,708,521,219 -
1975 $1,363,073,498 -
1974 $1,197,483,949 -
1973 $943,783,840 -
1972 $788,479,685 -
1971 $678,159,729 -
1970 $639,519,744 -
1969 $698,879,720 -
1968 $561,119,776 -
1967 $631,679,747 -
1966 $657,999,737 -
1965 $599,759,760 -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

GDP per capita in Jordan vs Ukraine by year

Jordan
GDP per capita

GDP per capita, PPP
Ukraine
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Ukraine
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $5,038 $18,550
2023 $4,466 $10,412 $4,803 $17,665
2022 $4,332 $9,927 $3,946 $14,770
2021 $4,183 $9,182 $4,510 $17,846
2020 $4,022 $9,579 $3,505 $15,541
2019 $4,170 $9,429 $3,423 $14,217
2018 $4,145 $9,042 $2,895 $12,555
2017 $4,066 $9,266 $2,467 $11,536
2016 $3,987 $8,748 $2,047 $10,865
2015 $4,043 $8,967 $1,988 $9,922
2014 $4,191 $9,145 $2,904 $10,494
2013 $4,311 $9,817 $4,130 $10,904
2012 $4,170 $9,739 $3,951 $9,552
2011 $3,947 $9,632 $3,657 $9,127
2010 $3,718 $9,417 $3,040 $8,453
2009 $3,436 $9,291 $2,607 $7,995
2008 $3,242 $8,983 $4,018 $9,324
2007 $2,506 $8,416 $3,160 $8,900
2006 $2,343 $8,046 $2,366 $7,971
2005 $2,088 $7,697 $1,875 $7,142
2004 $1,940 $7,074 $1,401 $6,663
2003 $1,776 $6,500 $1,076 $5,764
2002 $1,706 $6,256 $903 $5,123
2001 $1,632 $5,948 $800 $4,747
2000 $1,571 $5,641 $653 $4,228
1999 $1,545 $5,402 $632 $3,871
1998 $1,532 $5,264 $831 $3,794
1997 $1,436 $5,171 $987 $3,794
1996 $1,410 $5,055 $870 $3,812
1995 $1,416 $5,027 $933 $4,124
1994 $1,367 $4,830 $1,009 $4,565
1993 $1,289 $4,726 $1,254 $5,766
1992 $1,287 $4,654 $1,413 $6,568
1991 $1,110 $4,195 $1,483 $7,148
1990 $1,149 $4,317 $1,564 $7,591
1989 $1,260 - $1,593 -
1988 $1,966 - $1,444 -
1987 $2,217 - $1,244 -
1986 $2,200 - - -
1985 $1,797 - - -
1984 $1,871 - - -
1983 $1,939 - - -
1982 $1,929 - - -
1981 $1,885 - - -
1980 $1,750 - - -
1979 $1,519 - - -
1978 $1,249 - - -
1977 $1,039 - - -
1976 $873 - - -
1975 $718 - - -
1974 $651 - - -
1973 $531 - - -
1972 $460 - - -
1971 $412 - - -
1970 $409 - - -
1969 $474 - - -
1968 $409 - - -
1967 $497 - - -
1966 $558 - - -
1965 $546 - - -

Data sources: World Bank | Economy & Growth (1965–2024, retrieved 2026-04-06).

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

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $5,038 in Ukraine, ranking 120/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Ukraine ranks 101st at $18,550.

Economic indicators

Jordan Ukraine
Gross domestic product
$53.4B
2024
$191B
2024
GDP rank
90/197
2024
57/197
2024
GDP growth
2.49%
2023-2024
2.91%
2023-2024
GDP per capita
$4,618
2024
$5,038
2024
GDP per capita rank
123/197
2024
120/197
2024
GDP per capita, PPP
$10,821
2024
$18,550
2024
GDP per capita PPP rank
131/197
2024
101/197
2024
Government debt
$48.1B
2024
$171B
2024
Debt-to-GDP ratio
90.2%
2024
89.7%
2024
Government debt per person
$4,167
2024
$4,520
2024
Government debt per person rank
91/185
2024
86/185
2024
Average annual personal income after taxes
$4,787
2026
$5,370
2026
Market capitalization of domestic companies
$24.9B
2024
$4.42B
2018
Number of billionaires n/a
7
2025
Income share by richest 10%
27.4%
2010
21.7%
2020
Income share by poorest 10%
3.5%
2010
4.3%
2020
Government expenditure, % of GDP
33%
2024
71.3%
2024
Consumer prices inflation
1.56%
2023-2024
6.5%
2023-2024
Central bank interest rate
5.75%
2025
15.5%
2025
Unemployment rate
16.6%
2023
9.83%
2021
Population
11555022
40125599

Spending and national debt comparison by year

Jordan
Spending

Debt
Ukraine
Spending

Debt
1x
Year % of GDP
Jordan Ukraine
Government spending Government debt Government spending Government debt
2024 33% 90.2% 71.3% 89.7%
2023 32.9% 89% 73.4% 81.2%
2022 33.3% 88.6% 65.4% 77.7%
2021 34.1% 87.6% 40.5% 48.9%
2020 33.7% 104.5% 45.6% 60.5%
2019 32.4% 92.9% 41.5% 50.5%
2018 32% 87.4% 41.9% 60.4%
2017 29.6% 86.1% 41.7% 71.6%
2016 29.8% 85% 40.8% 79.5%
2015 31.7% 83.4% 43% 79.3%
2014 39.2% 78.6% 44.8% 70.3%
2013 36.4% 78.1% 48.1% 40.5%
2012 32.2% 73.8% 49% 37.5%
2011 27.4% 63.9% 45.7% 36.9%
2010 29.8% 59.5% 49.2% 40.6%
2009 35.9% 55.5% 48.6% 35.4%
2008 35.8% 53.2% 47.1% 20.4%
2007 37.7% 64.4% 43.7% 12.3%
2006 34.7% 65.6% 44.6% 14.8%
2005 37.3% 80.5% 44.2% 17.7%
2004 36.6% 86% 41.6% 24.8%
2003 36% 94.6% 38.9% 29.4%
2002 32.9% 91.3% 37.9% 33.6%
2001 32.1% 89.7% 36.7% 36.7%
2000 33.1% 85.6% 35.5% 43.8%
1999 32.7% 98.1% 25.8% 59%
1998 34.9% 99.8% 37.1% 46.5%
1997 33.9% 98.1% 40.8% 28.9%
1996 36.2% 104.9% 36.9% 24.4%
1995 35.5% 106.1% 41.3% 30.2%
1994 34.3% 116.2% - -
1993 36.4% 126.6% - -
1992 35.5% 139.6% - -
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 (1985–1996, retrieved 2026-02-20).

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

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Ukraine spent $136B, or 71.3% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 89.7% in Ukraine, ranking 32/185 and 33/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Ukraine
1x
Year Deficit/surplus, % of GDP
Jordan Ukraine
2024 -7.33% -17.2%
2023 -6.89% -19.3%
2022 -6.8% -15.6%
2021 -8.45% -3.97%
2020 -10.1% -5.92%
2019 -7.19% -2.08%
2018 -5.78% -2.12%
2017 -3.61% -2.36%
2016 -3.71% -2.46%
2015 -7.1% -1.16%
2014 -15.5% -4.46%
2013 -16.1% -4.78%
2012 -13.8% -4.31%
2011 -5.61% -2.76%
2010 -5.43% -5.77%
2009 -8.66% -6.27%
2008 -5.38% -3.14%
2007 -5.45% -1.97%
2006 -3.82% -1.36%
2005 -5.36% -2.28%
2004 -1.09% -4.41%
2003 -2.52% -0.89%
2002 -4.44% -1.84%
2001 -2.77% -3.03%
2000 -3.99% -3.19%
1999 -2.69% 4.95%
1998 -5.4% -2.69%
1997 -2.97% -5.37%
1996 -3.25% -3.09%
1995 -1.72% -4.72%
1994 -2.3% -
1993 -2.14% -
1992 1.87% -
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/ukraine | 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 Ukraine's deficit of $32.8B, or 17.2% of GDP.

Over the past 30 years, Jordan recorded a fiscal deficit in 30 of those years, while Ukraine ran a deficit in 29 years. On average, Jordan posted an annual deficit equal to 6.1% of GDP, compared to deficit of 4.45% of GDP for Ukraine.

Inflation comparison by year

Inflation
Jordan

Ukraine
1x
Year Consumer prices inflation
Jordan Ukraine
2024 1.56% 6.5%
2023 2.08% 12.9%
2022 4.23% 20.2%
2021 1.35% 9.4%
2020 0.33% 2.7%
2019 0.76% 7.9%
2018 4.46% 10.9%
2017 3.32% 14.4%
2016 -0.78% 13.9%
2015 -0.88% 48.7%
2014 2.9% 12.1%
2013 4.82% -0.3%
2012 4.52% 0.6%
2011 4.16% 8%
2010 4.85% 9.4%
2009 -0.74% 15.9%
2008 14% 25.2%
2007 4.74% 12.8%
2006 6.25% 9.1%
2005 3.49% 13.5%
2004 3.36% 9%
2003 1.63% 5.2%
2002 1.83% 0.8%
2001 1.77% 12%
2000 0.67% 28.2%
1999 0.61% 22.7%
1998 3.09% 10.6%
1997 3.04% 15.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 12.8% in Ukraine. In 2024, inflation was 1.56% in Jordan and 6.5% in Ukraine.

Top exports between countries

Jordan
Export category Export value
Raw materials & minerals $16.7M
Chemicals & pharma $470K
Textiles & consumer goods $246K
Raw agricultural goods $146K
Processed food, beverages & tobacco $94K
Animal & marine products $80K
Machinery & equipment $66K
Precious metals & jewellery $61K
Metals $2K
Ukraine
Export category Export value
Processed food, beverages & tobacco $47.1M
Raw agricultural goods $40.2M
Metals $15.1M
Animal & marine products $6.98M
Miscellaneous $4.77M
Textiles & consumer goods $1.78M
Machinery & equipment $1.03M
Chemicals & pharma $187K
Raw materials & minerals $117K
Wood & paper products $55K

Balance of trade

Jordan Ukraine
Current account balance
-$3.13B
2024
-$15.1B
2024
Current account balance ranking
158/190
2024
179/190
2024
Current account balance, % of GDP
-5.86%
2024
-7.94%
2024
Goods imports
$23.9B
2024
$72.3B
2024
Goods exports
$13.3B
2024
$39.3B
2024
Service imports
$6.5B
2024
$22.9B
2024
Service exports
$9.45B
2024
$17.3B
2024
Imports of goods and services, % of GDP
57.1%
2024
48.3%
2024
Exports of goods and services, % of GDP
42.6%
2024
29.4%
2024

Economic freedom indices

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

Jordan Ukraine
Economic freedom 59.3 54.1
Economic freedom ranking 104/197 135/197
Property rights 52.3 21.6
Government integrity 51 35
Judicial effectiveness 44 28.2
Tax burden 84.1 83.7
Government spending 67.2 0
Fiscal health 5.2 3.9
Business freedom 62.7 57.4
Labor freedom 51.3 46.9
Monetary freedom 81.2 65.7
Trade freedom 82 73
Investment freedom 70 35
Financial freedom 60 30

Economic freedom comparison by year

Jordan
Ukraine
1x
Year Economic freedom index
Jordan Ukraine
2026 59.3 -
2025 59.4 -
2024 58.3 -
2023 58.8 -
2022 60.1 54.1
2021 64.6 56.2
2020 66 54.9
2019 66.5 52.3
2018 64.9 51.9
2017 66.7 48.1
2016 68.3 46.8
2015 69.3 46.9
2014 69.2 49.3
2013 70.4 46.3
2012 69.9 46.1
2011 68.9 45.8
2010 66.1 46.4
2009 65.4 48.8
2008 64.1 51
2007 64.5 51.5
2006 63.7 54.4
2005 66.7 55.8
2004 66.1 53.7
2003 65.3 51.1
2002 66.2 48.2
2001 68.3 48.5
2000 67.5 47.8
1999 67.4 43.7
1998 66.8 40.4
1997 63.6 43.5
1996 60.8 40.6
1995 62.7 39.9

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 54.1 for Ukraine, ranking 135/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Ukraine
Services, % of GDP
60.4%
2024
60.6%
2024
Industry, % of GDP
25.1%
2024
19%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
7.11%
2024
GNI, Atlas method
$51.2B
2024
$184B
2024
GNI per capita, PPP
$10,570
2024
$18,560
2024
Total reserves including gold
$21.9B
2024
$43.8B
2024
Total reserves ranking
60/177
2024
46/177
2024
Net foreign direct investment
-$1.58B
2024
-$3.71B
2024
Net inflows of foreign direct investment
$1.63B
2024
$4.02B
2024
Net outflows of foreign direct investment
$54.1M
2024
$305M
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
5.42%
2024
Poverty at national poverty lines
14.2%
2020
23.2%
2020
Gross capital formation, % of GDP
25.2%
2021
18.6%
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/ukraine | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1965–2024, 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 (1985–1996, retrieved 2026-02-20)
  6. TradeMap (2021–2024, 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.