IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL JORDAN

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Amman

2016 2017 2018 2019 2020

89 2019

52

0.710 2019 10.55 2019 43.8 2019 9,121 2019 2.0 2019 0.30 2019 19.10 2019 1.70 2019 -2.81 2019 35.1 2018 2.09 2019

53

Exchange Rate (per $)

56

57

58

37

Population - market size (millions)

CHALLENGES IN 2020 High unemployment especially among women and youth. Maintaining macroeconomic and fiscal stability. • High unemployment especially among women and youth. • Maintaining macroeconomic and fiscal stability. • Regional instability and continuing to host a large refugee population. • Impact of Covid-19 outbreak on the economy and weak economic growth. • High cost of electricity and its impact on the competitiveness of businesses and economic sectors.

58

Gross Domestic Product (GDP) (US$ billions)

61

GDP (PPP) per capita (US$)

33

Real GDP growth (%)

4

Consumer price inflation (%)

62

Unemployment rate (%)

55

Labor force (millions)

52

Current account balance (% of GDP)

53

Direct investment stocks inward ($bn)

Ministry of Planning and International Cooperation Provided by: Ministry of Planning and International Cooperation

35

Direct investment flows inward (% of GDP)

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

25

31

35

38

39

42

47

48

51 50

51

52 49

55

60

60

61

61

62

63

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

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

30

30

35

35

31

31

37

32

38

38

82

IMD WORLD COMPETITIVENESS BOOKLET 2020