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Jordan

Jordan news and analysis, tenders, contracts awarded, commentary and economic data

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Country data

Jordan
Jordan 2009 2010 2011 2012 2013 2014 2015f
Nominal GDP ($bn) 23.8 26.4 28.9 31.0 33.9 36.6* 39.3
GDP per capita ($) 3,987 4,326 4,619* 4,843 5,174 5,460 5,745
Real GDP growth (annual change, %) 5.5 2.3 2.6 2.7 2.9 3.5* 4.0
Government revenue (% of GDP) 26.5 24.9 26.4 23.0 24.0 28.3* 27.5
Government total expenditure (% of GDP) 35.0 30.0 33.2 31.5 35.4 38.6* 33.5
General government debt (gross, % of GDP) 64.8 67.1 70.7 80.2 85.8 90* 91.1
Current account balance (% of GDP) -3.3 -5.3 -12.0 -15.4 -9.8* -10.0 -6.9
Inflation (%) 2.7 6.1 3.3 6.5 3.3 2.5* 2.4
Population (millions) 6.0 6.1 6.3* 6.4 6.5 6.7 6.8
Unemployment (%) 12.9 12.5 12.9 12.2 12.2 12.2* 12.2
Click to see full economic data (2005 - 2019 forecast)
Source: International Monetary Fund, World Economic Outlook Database;
Last updated: February 2015; *=Estimate

Jordan trends

Aqaba drives Jordan construction Subscription

4 May 2015 | By

Financing from international investors is likely to keep flowing for essential and under-construction projects, but larger schemes have already run into trouble

US-based GE’s distributed power business finds promising markets in areas of volatility

GE sees opportunity in instability Subscription

27 April 2015 | By

Firm’s CEO of distributed power talks about supply and generation challenges in region

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MEED comment

Renewable energy

Renewables market hotspots taking off Subscription

28 April 2015 | By

Excitement over Egypt, but Saudi Arabia’s plans remain unclear

Renewables

Jordan’s renewables plan gains momentum Subscription

24 February 2015 | By

First phase projects move toward financial close

Pylon

Energy key to Jordan’s security Subscription

21 August 2014 | By

Amman has been forced to buy expensive fuel oil to meet the shortfall in gas supplies

Solar

Lesson of Jordan’s renewables delay Subscription

24 July 2014 | By

Amman’s alternative energy setback could prove a valuable lesson for the country and the wider region

Renewable energy

Jordan sets model for renewables Subscription

12 June 2014

Amman has progressed with 12 solar projects, paving the way for other countries in the region to follow suit

More MEED commentary

Special reports

Amman, the capital of Jordan

Jordan: Wider unrest leaves fiscal recovery in balance Subscription

14 August 2014

Jordan’s fragile economy faces more challenges as fallout from Iraq conflict adds to pressure from the civil war in Syria

Region: Political stability a must to be able to go nuclear

Nuclear: Backing key to plans Subscription

7 August 2014

The highly regulated nature and requirements of the nuclear power industry means foreign support is key to the region’s ambitions

More Jordan special reports

Market presentations

Top 10 projects

Rank

Rank Project Name Sector Contract value ($m)
1 Attarat Um Ghudran Power Plant Power 2,200
2 The Red Sea Astrarium Construction 1,550
3 Port of Aqaba LPG Terminal Gas 800
4 Abdali Mall Construction 441
5 Saraya Aqaba: Phase 1: Jumeirah Al Qala'a & Qasr Al Aqaba Construction 350
6 Tafila Wind Farm Power 280
7 Caustic Soda and Chlorine Plant Expansion Chemical 250
8 Andalucia Village Construction 212
9 Saraya Abdali W Amman Hotel Construction 200
10 Upgrade of Az Zarqa / Al-Azraq- Al-Oumary Road Section 1 Transport 198
Click through to the full data table on Jordan's biggest projects in construction
Click through to MEED's Q4 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: April 2015; All projects are in execution

Tenders

Jordan: Vaccines Subscription

14 May 2015 | By

Supply of vaccines

Jordan: Surveillance cameras Subscription

14 May 2015 | By

Supply of surveillance cameras

Jordan: Veterinary and agricultural supplies Subscription

14 May 2015 | By

Supply of veterinary and agricultural supplies

Jordan: Straight joints Subscription

11 May 2015 | By

Supply of straight joints

Jordan: Differential relays Subscription

11 May 2015 | By

Supply of differential relays

Jordan: Street lighting poles Subscription

11 May 2015 | By

Supply of street lighting poles

Jordan: Air-conditioning unit Subscription

11 May 2015 | By

Supply of a split air-conditioning unit

Jordan: Public administration reform services Subscription

5 May 2015 | By

Provision of technical assistance services for public administration reforms

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Project awards

Red Sea, Jordan

Jordan inks LNG supply deal with Shell Subscription

29 January 2015 | By

Kingdom to import enough gas to meet quarter of national electricity demand

Companies

Rubicon Group Holding Subscription

Jordan based Rubicon Group Holding is active across entertainment, themed entertainment, digital media, licensing and merchandising, as well as technology

Karak International Oil Subscription

Karak International Oil (KIO) is a Jordanian mining and oil shale processing company

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People

Safwan Moubaydeen Subscription

28 January 2015

Safwan Moubaydeen is managing partner at Dentons in Amman, Jordan and Doha, Qatar

See all Jordan biographies


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