Economy of Jordan
E220040
The Economy of Jordan is a small, service-oriented and resource-poor economy heavily reliant on foreign aid, remittances, and a stable but tightly managed monetary system.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Economy of Jordan canonical | 1 |
Statements (97)
| Predicate | Object |
|---|---|
| instanceOf | national economy ⓘ |
| capitalCity | Amman ⓘ |
| centralBank | Central Bank of Jordan ⓘ |
| continent | Asia ⓘ |
| country | Jordan ⓘ |
| currency | Jordanian dinar ⓘ |
| currencyCode | JOD ⓘ |
| dominantSector | services sector ⓘ |
| economicSystem | mixed economy ⓘ |
| exchangeRateAnchor |
US dollar
ⓘ
surface form:
United States dollar
|
| exchangeRateSystem | peg to a basket dominated by the US dollar ⓘ |
| hasChallenge |
energy import dependence
ⓘ
fiscal deficits ⓘ high public debt ⓘ high unemployment ⓘ limited natural resources ⓘ refugee inflows ⓘ water scarcity ⓘ youth unemployment ⓘ |
| hasFreeZone |
Aqaba
ⓘ
surface form:
Aqaba Special Economic Zone
|
| hasNaturalResource |
phosphate rock
ⓘ
potash deposits ⓘ |
| hasProgramWith | International Monetary Fund ⓘ |
| hasScarcity |
hydrocarbon resources
ⓘ
water resources ⓘ |
| hasSector |
agriculture
ⓘ
industry ⓘ services ⓘ |
| hasTradeAgreement |
Association Agreement with the European Union
ⓘ
Greater Arab Free Trade Area ⓘ Jordan–US Free Trade Agreement ⓘ |
| isAidDependent | true ⓘ |
| isEnergyImporter | true ⓘ |
| isGasImporter | true ⓘ |
| isLandlocked | false ⓘ |
| isOilImporter | true ⓘ |
| isRemittanceDependent | true ⓘ |
| isResourcePoor | true ⓘ |
| isSmallOpenEconomy | true ⓘ |
| isWaterPoor | true ⓘ |
| keySector |
construction
ⓘ
financial services ⓘ information and communications technology ⓘ mining ⓘ pharmaceutical industry ⓘ tourism ⓘ transport and logistics ⓘ |
| laborExportDestination |
Gulf Cooperation Council
ⓘ
surface form:
Gulf Cooperation Council countries
Saudi Arabia ⓘ United Arab Emirates ⓘ |
| mainTradingPartner |
China
ⓘ
European Union ⓘ Iraq ⓘ Saudi Arabia ⓘ United Arab Emirates ⓘ United States of America ⓘ
surface form:
United States
|
| majorAidDonor |
European Union
ⓘ
Gulf Cooperation Council ⓘ
surface form:
Gulf Cooperation Council countries
International Monetary Fund ⓘ United States of America ⓘ
surface form:
United States
World Bank ⓘ |
| majorExport |
clothing and textiles
ⓘ
fertilizers ⓘ pharmaceuticals ⓘ phosphates ⓘ potash ⓘ tourism services ⓘ |
| majorImport |
crude oil
ⓘ
foodstuffs ⓘ machinery and transport equipment ⓘ refined petroleum products ⓘ |
| majorPort | Port of Aqaba ⓘ |
| memberOf |
Arab League
ⓘ
Greater Arab Free Trade Area ⓘ International Monetary Fund ⓘ World Bank Group ⓘ World Trade Organization ⓘ |
| monetaryPolicyAuthority | Central Bank of Jordan ⓘ |
| monetaryPolicyRegime | fixed exchange rate ⓘ |
| policyFocus |
fiscal consolidation
ⓘ
investment promotion ⓘ labor market reforms ⓘ public–private partnerships ⓘ renewable energy development ⓘ structural reforms ⓘ |
| region | Middle East ⓘ |
| reliantOn |
concessional loans
ⓘ
external grants ⓘ foreign aid ⓘ workers remittances ⓘ |
| remittanceSource | Jordanian workers in Gulf states ⓘ |
| seaAccess |
Gulf of Aqaba
ⓘ
surface form:
Red Sea via Gulf of Aqaba
|
| subregion |
Levant region
ⓘ
surface form:
Levant
|
| tourismAttraction |
Dead Sea
ⓘ
Jerash ⓘ Petra ⓘ Wadi Rum ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.