Skip to content

Economy of Jordan vs Venezuela compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $120B for Venezuela, ranking 90/197 and 65/197 by economy size, respectively.

Jordan has $48.1B in government debt (90.2% of GDP), compared to $197B (164.3% of GDP) in Venezuela.

Jordan vs Venezuela GDP by year

Jordan
Venezuela
1x
Year GDP, current $
Jordan Venezuela
2024 $53,352,289,577 $119,802,963,258
2023 $51,088,476,338 $102,376,526,556
2022 $48,764,963,380 $89,013,255,585
2021 $46,296,100,141 $56,614,976,855
2020 $43,700,383,099 $42,838,020,721
2019 $44,503,006,338 $73,014,084,091
2018 $43,370,860,704 $102,021,093,965
2017 $41,608,435,915 $115,883,275,163
2016 $39,892,551,127 $112,915,034,262
2015 $38,587,017,887 $125,449,241,571
2014 $36,847,643,521 $214,689,614,733
2013 $34,454,440,141 $258,930,655,486
2012 $31,634,561,690 $372,592,062,768
2011 $29,524,149,155 $316,482,190,800
2010 $27,133,804,225 $393,192,354,511
2009 $24,537,876,056 $329,787,628,928
2008 $22,658,715,989 $315,953,388,511
2007 $17,110,437,236 $230,364,012,576
2006 $15,056,981,664 $183,477,522,124
2005 $12,588,998,590 $145,513,489,652
2004 $11,411,706,629 $112,451,400,425
2003 $10,195,627,645 $83,620,628,582
2002 $9,582,510,578 $92,893,587,734
2001 $8,975,814,653 $122,911,036,747
2000 $8,460,789,845 $117,146,466,003
1999 $8,149,929,478 $97,972,842,462
1998 $7,912,270,804 $91,336,763,255
1997 $7,245,839,210 $85,837,678,560
1996 $6,927,503,526 $70,543,211,119
1995 $6,727,597,032 $77,389,487,770
1994 $6,236,295,978 $58,418,666,667
1993 $5,606,400,222 $60,037,460,783
1992 $5,310,833,194 $60,416,519,620
1991 $4,344,467,193 $53,453,444,787
1990 $4,160,087,508 $48,606,952,195
1989 $4,221,373,674 $43,536,709,104
1988 $6,277,451,829 $60,226,413,793
1987 $6,756,209,762 $48,029,034,483
1986 $6,402,050,485 $60,516,123,711
1985 $4,993,601,520 $61,965,466,667
1984 $4,967,162,160 $59,867,743,468
1983 $4,920,692,191 $67,556,279,070
1982 $4,681,240,993 $67,736,744,186
1981 $4,383,944,703 $66,327,441,860
1980 $3,910,044,474 $59,116,511,628
1979 $3,271,368,781 $48,310,930,233
1978 $2,602,208,589 $39,316,279,070
1977 $2,096,778,602 $36,210,697,674
1976 $1,708,521,219 $31,419,534,884
1975 $1,363,073,498 $27,464,651,163
1974 $1,197,483,949 $26,100,930,233
1973 $943,783,840 $17,035,581,395
1972 $788,479,685 $13,977,727,273
1971 $678,159,729 $12,986,590,909
1970 $639,519,744 $11,561,111,111
1969 $698,879,720 $10,285,111,111
1968 $561,119,776 $10,034,444,444
1967 $631,679,747 $9,250,000,000
1966 $657,999,737 $8,781,333,333
1965 $599,759,760 $8,427,777,778
1964 - $8,192,413,793
1963 - $9,608,717,288
1962 - $8,814,309,884
1961 - $8,067,267,031
1960 - $7,663,938,303

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

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

GDP per capita in Jordan vs Venezuela by year

Jordan
GDP per capita

GDP per capita, PPP
Venezuela
GDP per capita

GDP per capita, PPP
1x
Year Current $
Jordan Venezuela
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,618 $10,821 $4,218 -
2023 $4,466 $10,412 $3,617 -
2022 $4,332 $9,927 $3,155 -
2021 $4,183 $9,182 $2,005 -
2020 $4,022 $9,579 $1,506 -
2019 $4,170 $9,429 $2,523 -
2018 $4,145 $9,042 $3,423 -
2017 $4,066 $9,266 $3,791 -
2016 $3,987 $8,748 $3,670 -
2015 $4,043 $8,967 $4,103 -
2014 $4,191 $9,145 $7,096 -
2013 $4,311 $9,817 $8,656 -
2012 $4,170 $9,739 $12,607 -
2011 $3,947 $9,632 $10,844 $21,241
2010 $3,718 $9,417 $13,646 $20,236
2009 $3,436 $9,291 $11,597 $20,562
2008 $3,242 $8,983 $11,262 $21,402
2007 $2,506 $8,416 $8,332 $20,236
2006 $2,343 $8,046 $6,739 $18,399
2005 $2,088 $7,697 $5,432 $16,511
2004 $1,940 $7,074 $4,269 $14,757
2003 $1,776 $6,500 $3,230 $12,359
2002 $1,706 $6,256 $3,652 $13,375
2001 $1,632 $5,948 $4,920 $14,714
2000 $1,571 $5,641 $4,776 $14,174
1999 $1,545 $5,402 $4,071 $13,623
1998 $1,532 $5,264 $3,870 $14,568
1997 $1,436 $5,171 $3,711 $14,655
1996 $1,410 $5,055 $3,113 $13,824
1995 $1,416 $5,027 $3,487 $13,890
1994 $1,367 $4,830 $2,689 $13,370
1993 $1,289 $4,726 $2,825 $13,702
1992 $1,287 $4,654 $2,907 $13,652
1991 $1,110 $4,195 $2,633 $12,880
1990 $1,149 $4,317 $2,452 $11,628
1989 $1,260 - $2,250 -
1988 $1,966 - $3,191 -
1987 $2,217 - $2,611 -
1986 $2,200 - $3,376 -
1985 $1,797 - $3,549 -
1984 $1,871 - $3,520 -
1983 $1,939 - $4,079 -
1982 $1,929 - $4,202 -
1981 $1,885 - $4,228 -
1980 $1,750 - $3,874 -
1979 $1,519 - $3,257 -
1978 $1,249 - $2,727 -
1977 $1,039 - $2,585 -
1976 $873 - $2,309 -
1975 $718 - $2,078 -
1974 $651 - $2,034 -
1973 $531 - $1,367 -
1972 $460 - $1,155 -
1971 $412 - $1,106 -
1970 $409 - $1,015 -
1969 $474 - $932 -
1968 $409 - $938 -
1967 $497 - $893 -
1966 $558 - $876 -
1965 $546 - $869 -
1964 - - $874 -
1963 - - $1,060 -
1962 - - $1,007 -
1961 - - $954 -
1960 - - $939 -

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

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

Jordan's GDP per capita is $4,618, ranking 123/197, compared to $4,218 in Venezuela, ranking 128/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Venezuela ranks 93rd at $21,241.

Economic indicators

Jordan Venezuela
Gross domestic product
$53.4B
2024
$120B
2024
GDP rank
90/197
2024
65/197
2024
GDP growth
2.49%
2023-2024
5.3%
2023-2024
GDP per capita
$4,618
2024
$4,218
2024
GDP per capita rank
123/197
2024
128/197
2024
GDP per capita, PPP
$10,821
2024
$21,241
2011
GDP per capita PPP rank
131/197
2024
93/197
2011
Government debt
$48.1B
2024
$197B
2024
Debt-to-GDP ratio
90.2%
2024
164.3%
2024
Government debt per person
$4,167
2024
$6,931
2024
Government debt per person rank
91/185
2024
69/185
2024
Average annual personal income after taxes
$4,787
2026
$3,792
2026
Market capitalization of domestic companies
$24.9B
2024
$3.98B
2002
Number of billionaires n/a
1
2025
Income share by richest 10%
27.4%
2010
33.2%
2006
Income share by poorest 10%
3.5%
2010
1.2%
2006
Government expenditure, % of GDP
33%
2024
17.6%
2024
Consumer prices inflation
1.56%
2023-2024
49%
2023-2024
Central bank interest rate
5.75%
2025
58.4%
2025
Unemployment rate
16.6%
2023
7.53%
2020
Population
11555022
28661242

Spending and national debt comparison by year

Jordan
Spending

Debt
Venezuela
Spending

Debt
1x
Year % of GDP
Jordan Venezuela
Government spending Government debt Government spending Government debt
2024 33% 90.2% 17.6% 164.3%
2023 32.9% 89% 13.1% 138.5%
2022 33.3% 88.6% 15.1% 164.4%
2021 34.1% 87.6% 13.1% 254.2%
2020 33.7% 104.5% 11.2% 337%
2019 32.4% 92.9% 21% 206%
2018 32% 87.4% 37.9% 175.3%
2017 29.6% 86.1% 21.8% 133.6%
2016 29.8% 85% 19.7% 138.4%
2015 31.7% 83.4% 22.9% 129.8%
2014 39.2% 78.6% 31.6% 84.9%
2013 36.4% 78.1% 36.5% 85.4%
2012 32.2% 73.8% 38% 58.4%
2011 27.4% 63.9% 39.4% 52.5%
2010 29.8% 59.5% 31.1% 37.7%
2009 35.9% 55.5% 33.3% 27.6%
2008 35.8% 53.2% 34.9% 20.3%
2007 37.7% 64.4% 35.9% 26.4%
2006 34.7% 65.6% 39.3% 25.7%
2005 37.3% 80.5% 33.5% 34.9%
2004 36.6% 86% 31.9% 41.8%
2003 36% 94.6% 32.2% 56%
2002 32.9% 91.3% 31% 48.2%
2001 32.1% 89.7% 31.9% 30.7%
2000 33.1% 85.6% 28.3% 27.7%
1999 32.7% 98.1% 26.1% 29.6%
1998 34.9% 99.8% 28.8% 30.7%
1997 33.9% 98.1% 31% 34.8%
1996 36.2% 104.9% 27.7% 45.9%
1995 35.5% 106.1% 32.9% 45.9%
1994 34.3% 116.2% 42.2% 63.9%
1993 36.4% 126.6% 27.7% 57.7%
1992 35.5% 139.6% 30.6% 54.8%
1991 44.9% 187% 33.9% 62.2%
1990 44% 204.8% 31.9% 63.3%
1989 42.5% 195.4% 32.5% 61.8%
1988 44.3% 129.3% 33.2% 46.3%
1987 42.1% 101.9% 25.1% 58.3%
1986 33.8% 84.3% 21.5% 45.9%
1985 42.4% 85.2% 20.3% 34.1%
1984 - - 19.7% 36.4%
1983 - - 25.3% 21.4%
1982 - - 29% 18.6%
1981 - - 29.6% 18.9%
1980 - - 22% 16.6%
1979 - - 22.3% 19.2%
1978 - - 29.2% 16.6%
1977 - - 30.6% 12.7%
1976 - - 26.6% 9.64%
1975 - - 33.8% 8.31%
1974 - - 35.3% 7.72%
1973 - - 20% 9.78%
1972 - - 21.3% 10.6%
1971 - - 19.6% 9.64%
1970 - - 19.5% 10.6%
1969 - - 21% 9.91%
1968 - - 19.8% 7.84%
1967 - - 19.8% 6.74%
1966 - - 19.1% 5.84%
1965 - - 18.7% 5.46%
1964 - - 17.9% 4.95%
1963 - - 18.7% 6.3%
1962 - - 17.6% 7.24%
1961 - - 11.8% 8.79%
1960 - - 23.7% 8.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-02-20).

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

In 2024, Jordan's government spending was $17.6B, accounting for 33% of its GDP, while Venezuela spent $21.1B, or 17.6% of GDP.

Debt-to-GDP ratio is 90.2% in Jordan and 164.3% in Venezuela, ranking 32/185 and 5/185, respectively.

Government deficit by year

Deficit/surplus
Jordan

Venezuela
1x
Year Deficit/surplus, % of GDP
Jordan Venezuela
2024 -7.33% -3.6%
2023 -6.89% -1.25%
2022 -6.8% -5.29%
2021 -8.45% -5.85%
2020 -10.1% -6.63%
2019 -7.19% -10.9%
2018 -5.78% -31%
2017 -3.61% -13.3%
2016 -3.71% -8.46%
2015 -7.1% -8.06%
2014 -15.5% -9.81%
2013 -16.1% -10.4%
2012 -13.8% -9.86%
2011 -5.61% -8.24%
2010 -5.43% -4.74%
2009 -8.66% -8.69%
2008 -5.38% -3.46%
2007 -5.45% -2.82%
2006 -3.82% -1.6%
2005 -5.36% 4.09%
2004 -1.09% 2.47%
2003 -2.52% 0.17%
2002 -4.44% -1.48%
2001 -2.77% -4.59%
2000 -3.99% 4.45%
1999 -2.69% 0.74%
1998 -5.4% -4.49%
1997 -2.97% 2.58%
1996 -3.25% 7.94%
1995 -1.72% -5.86%
1994 -2.3% -11.2%
1993 -2.14% -2.92%
1992 1.87% -6.37%
1991 -10.2% -2.28%
1990 -7.45% 3.84%
1989 -6.89% -0.91%
1988 -13% -9.24%
1987 -13.4% -7.47%
1986 -2.39% 0.82%
1985 -6.9% 6.97%
1984 - 5.33%
1983 - 1.24%
1982 - -0.17%
1981 - 4.74%
1980 - 4.41%
1979 - -3.07%
1978 - -5.44%
1977 - -4.69%
1976 - 1.65%
1975 - 0.88%
1974 - 2.76%
1973 - 1.98%
1972 - 0.42%
1971 - 0.78%
1970 - -1.22%
1969 - -2.17%
1968 - -0.32%
1967 - 0.51%
1966 - 0.23%
1965 - 0.39%
1964 - 1.91%
1963 - 1.92%
1962 - 2.14%
1961 - -1.91%
1960 - -4.08%
1959 - -4.98%
1958 - -4.86%
1957 - 6.7%
1956 - 0.76%
1955 - 0.38%
1954 - 1.84%
1953 - 0.03%
1952 - -0.5%
1951 - -0.24%
1950 - -0.23%
1949 - 0.15%
1948 - 1.27%
1947 - 0.09%
1946 - -0.9%
1945 - 2.9%
1944 - 1.85%
1943 - -0.27%
1942 - 0.2%
1941 - 0.01%
1940 - -1.07%
1939 - -0.78%
1938 - 0.68%
1937 - 0.73%
1936 - -0.52%
1935 - -2.23%
1934 - 1.34%
1933 - 1.03%
1932 - 0.51%
1931 - 1.02%
1930 - -2.03%
1929 - -0.34%
1928 - -0.68%
1927 - 1.55%
1926 - 0.14%
1925 - 0.54%
1924 - 0.37%
1923 - 1.32%
1922 - 1.57%
1921 - -0.97%
1920 - -1.75%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1920–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/jordan/venezuela | 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 Venezuela's deficit of $4.31B, or 3.6% of GDP.

Over the past 40 years, Jordan recorded a fiscal deficit in 39 of those years, while Venezuela ran a deficit in 30 years. On average, Jordan posted an annual deficit equal to 6.14% of GDP, compared to deficit of 4.42% of GDP for Venezuela.

Inflation comparison by year

Inflation
Jordan

Venezuela
1x
Year Consumer prices inflation
Jordan Venezuela
2024 1.56% 49%
2023 2.08% 338%
2022 4.23% 186.5%
2021 1.35% 1,589%
2020 0.33% 2,355%
2019 0.76% 19,906%
2018 4.46% 65,374%
2017 3.32% 438%
2016 -0.78% 254.9%
2015 -0.88% 121.7%
2014 2.9% 62.2%
2013 4.82% 40.6%
2012 4.52% 21.1%
2011 4.16% 26.1%
2010 4.85% 28.2%
2009 -0.74% 26%
2008 14% 31.4%
2007 4.74% 18.7%
2006 6.25% 13.7%
2005 3.49% 16%
2004 3.36% 21.7%
2003 1.63% 31.1%
2002 1.83% 22.4%
2001 1.77% 12.5%
2000 0.67% 16.2%
1999 0.61% 23.6%
1998 3.09% 35.8%
1997 3.04% 50%

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/venezuela | CC BY

Over the past 28 years, Jordan has recorded an average annual inflation rate of 2.91%, compared with 3,254% in Venezuela. In 2024, inflation was 1.56% in Jordan and 49% in Venezuela.

Top exports between countries

Jordan
Export category Export value
Processed food, beverages & tobacco $439K
Chemicals & pharma $325K
Textiles & consumer goods $314K
Raw agricultural goods $86K
Machinery & equipment $2K
Venezuela
Export category Export value

Balance of trade

Jordan Venezuela
Current account balance
-$3.13B
2024
-$3.87B
2016
Current account balance ranking
158/190
2024
161/190
2016
Current account balance, % of GDP
-5.86%
2024
-3.43%
2016
Goods imports
$23.9B
2024
$16.3B
2016
Goods exports
$13.3B
2024
$27.4B
2016
Service imports
$6.5B
2024
$9.47B
2016
Service exports
$9.45B
2024
$1.28B
2016
Imports of goods and services, % of GDP
57.1%
2024
9.22%
2024
Exports of goods and services, % of GDP
42.6%
2024
16.9%
2024

Economic freedom indices

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

Jordan Venezuela
Economic freedom 59.3 27.3
Economic freedom ranking 104/197 194/197
Property rights 52.3 0
Government integrity 51 6.9
Judicial effectiveness 44 5.1
Tax burden 84.1 73.4
Government spending 67.2 93
Fiscal health 5.2 29.1
Business freedom 62.7 31.1
Labor freedom 51.3 35.5
Monetary freedom 81.2 0
Trade freedom 82 43.2
Investment freedom 70 0
Financial freedom 60 10

Economic freedom comparison by year

Jordan
Venezuela
1x
Year Economic freedom index
Jordan Venezuela
2026 59.3 27.3
2025 59.4 27.6
2024 58.3 28.1
2023 58.8 25.8
2022 60.1 24.8
2021 64.6 24.7
2020 66 25.2
2019 66.5 25.9
2018 64.9 25.2
2017 66.7 27
2016 68.3 33.7
2015 69.3 34.3
2014 69.2 36.3
2013 70.4 36.1
2012 69.9 38.1
2011 68.9 37.6
2010 66.1 37.1
2009 65.4 39.9
2008 64.1 44.7
2007 64.5 47.9
2006 63.7 44.6
2005 66.7 45.2
2004 66.1 46.7
2003 65.3 54.8
2002 66.2 54.7
2001 68.3 54.6
2000 67.5 57.4
1999 67.4 56.1
1998 66.8 54
1997 63.6 52.8
1996 60.8 54.5
1995 62.7 59.8

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

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

The Economic Freedom Index for Jordan is 59.3, ranking 104/197, compared to 27.3 for Venezuela, ranking 194/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Jordan Venezuela
Services, % of GDP
60.4%
2024
51.7%
2014
Industry, % of GDP
25.1%
2024
37.2%
2014
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
5.03%
2014
GNI, Atlas method
$51.2B
2024
$109B
2024
GNI per capita, PPP
$10,570
2024
$20,800
2011
Total reserves including gold
$21.9B
2024
$9.79B
2017
Total reserves ranking
60/177
2024
77/177
2017
Net foreign direct investment
-$1.58B
2024
-$27M
2016
Net inflows of foreign direct investment
$1.63B
2024
$1.63B
2024
Net outflows of foreign direct investment
$54.1M
2024
$2.6B
2024
Servicing debt to the IMF, % of GNI
8.64%
2024
n/a
Poverty at national poverty lines
14.2%
2020
33.1%
2015
Gross capital formation, % of GDP
25.2%
2021
4.9%
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/venezuela | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1920–1997, 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 (2022–2023, 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.