Net incurrence of liabilities, total in Jordan
Jordan: Net incurrence of liabilities, total was 5.9% in 2023. ◆ Volatile
Net incurrence of liabilities, total in Jordan, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Jordan is 5.9%, measured in 2023.
Compared with earlier readings it is up 32.0% on the previous year and down 49.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Jordan peaked at 11.8% in 2013 and was at its lowest, -3.4%, in 1993.
That places Jordan 28th out of 136 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Jordan, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 6.5% | — |
| 1991 | 10.2% | +57.7% |
| 1992 | 4.1% | -59.7% |
| 1993 | -3.4% | -183.0% |
| 1994 | 1.4% | -140.4% |
| 1995 | 3.6% | +160.5% |
| 1996 | 3.6% | -0.3% |
| 1997 | 0.9% | -75.1% |
| 1998 | 3.2% | +261.8% |
| 1999 | 3.5% | +9.9% |
| 2000 | 0.1% | -97.4% |
| 2001 | 2.2% | +2268.3% |
| 2002 | 3.0% | +36.4% |
| 2003 | -1.8% | -161.5% |
| 2004 | 0.1% | -104.0% |
| 2008 | 1.6% | +2054.7% |
| 2009 | 8.0% | +403.7% |
| 2010 | 4.3% | -46.0% |
| 2011 | 4.8% | +10.0% |
| 2012 | 8.3% | +74.6% |
| 2013 | 11.8% | +41.6% |
| 2014 | 8.2% | -30.6% |
| 2015 | 4.2% | -49.0% |
| 2016 | 3.8% | -10.2% |
| 2017 | 4.1% | +8.6% |
| 2018 | 3.5% | -13.3% |
| 2019 | 5.7% | +61.6% |
| 2020 | 8.6% | +50.5% |
| 2021 | 7.1% | -17.6% |
| 2022 | 4.5% | -36.4% |
| 2023 | 5.9% | +32.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.4% | -3.4% | 10.2% | 10 |
| 2000s | 1.9% | -1.8% | 8.0% | 7 |
| 2010s | 5.9% | 3.5% | 11.8% | 10 |
| 2020s | 6.5% | 4.5% | 8.6% | 4 |
Countries ranked near Jordan
More public sector data for Jordan
- Arms imports 24.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.08 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 50 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 24.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 221.61 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0437 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 4.49 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 2.56 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 180.19 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Jordan?
- Net incurrence of liabilities, total in Jordan was 5.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Jordan?
- The highest recorded value was 11.8% in 2013.
- What is the lowest net incurrence of liabilities, total recorded in Jordan?
- The lowest recorded value was -3.4% in 1993.
- How does Jordan rank for net incurrence of liabilities, total?
- Jordan ranks 28th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Jordan?
- Over the last ten years it is down 49.6%. The long-run trend across the full record is volatile.
- Where does this Jordan data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.