IMD World Competitiveness Booklet 2022

Jordan Competitiveness Trends – Overall

OVERALL PERFORMANCE (63 countries)

BASIC FACTS

Rank

2018

2019

2020

2021

2022

Capital Land area (square km '000)

Amman

89 2021

49

0.710 2021

Exchange Rate (per $)

52

11.06 2021 33 45.2 2021 56 10,154 2021 60 2.2 2021 58 1.32 2021 09 24.10 2021 60 1.81 2021 53 -8.80 2021 62 36.6 2020 52 1.64 2020 31

56

57

Population - market size (millions)

58

Gross Domestic Product (GDP) (US$ billions)

CHALLENGES IN 2022

GDP (PPP) per capita (US$)

• High unemployment rates especially among women and youth. • High Cost of electricity and its impact on the Competitiveness of business and economic sectors. • Impact of COVID-19 outbreak on the economy and weak economic growth. • Regional instability and continuing to host a large refugee population. • Maintaining macroeconomic and fiscal stability, and high level of public debt.

Real GDP growth (%)

Consumer price inflation (%)

Unemployment rate (%)

Labor force (millions)

Current account balance (% of GDP)

Direct investment stocks inward ($bn)

Direct investment flows inward (% of GDP)

PROVIDED BY: Ministry of Planning and International Cooperation

COMPETITIVENESS LANDSCAPE

Economic Performance Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

28

30

32

35

40

43

43

47

52 52

52

53

54 55 52 50

61

61 63

62

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (36 countries)

2018

2019

2020

2021

2022

2018

2019

2020

2021

2022

33

34

30

30

36

36

31

32

38

34

82 Competitiveness Country Profiles