Jordan: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value -6.00
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average -1.80
 Min - Max -8.90 - 10.11
 Source Ministry of Finance of Jordan
For that indicator, we provide data for Jordan from 1990 to 2023. The average value for Jordan during that period was -1.8 percent with a minimum of -8.9 percent in 2009 and a maximum of 10.11 percent in 1992. The latest value from 2023 is -6 percent. For comparison, the world average in 2023 based on 112 countries is -3.16 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Jordan - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Jordan - Fiscal balance, percent of GDP - historical chart - 1990-2023

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 16.37 2019 percent
 Government spending, in dollars 7.33 2021 billion U.S. dollars
 Fiscal balance, percent of GDP -6.00 2023 percent
 Government debt 77.60 2023 percent
 Tax revenue 15.98 2020 percent
 Commercial tax rate 28.60 2019 percent
 Tax preparation time 97 2019 hours
 Number of taxes 9 2019 taxes
 Taxes on goods and services 50.28 2020 percent
 Taxes on international trade 3.90 2020 percent
 Income and profits taxes 15.70 2020 percent
 Foreign aid 3,444.80 2021 million U.S. dollars
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