Jordan Government Debt To GDP

Jordan recorded a Government Debt to GDP of 71.90 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Jordan is reported by the IMF. From 1990 until 2012, Jordan Government Debt To GDP averaged 106.2 Percent reaching an all time high of 219.7 Percent in December of 1990 and a record low of 60.3 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Jordan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
71.90 69.78 219.73 60.26 74.54 | 2013/12 1990 - 2012 Percent Yearly

TO

Jordan Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Spending 853.00 2013-12-15 630.20 1061.30 105.30 482.49 2014-01-31 JOD Million [+]
Government Debt To GDP 71.90 2012-12-31 69.78 219.73 60.26 74.54 2013-12-31 Percent [+]
Government Budget -6.40 2012-12-31 -4.17 10.11 -6.40 -5.46 2013-12-31 Percent of GDP [+]
Credit Rating 45.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Jordan Government Spending at 853.00 JOD Million  
Government Spending in Jordan increased to 853 JOD Million in December of 2013 from 630.20 JOD Million in November of 2013. Government Spending in Jordan is reported by the Ministry of Finance, Jordan.
Jordan Gross Fixed Capital Formation at 4752046183.00 USD  
Gross Fixed Capital Formation in Jordan increased to 4752046183 USD in 2012 from 4273011361.23 USD in 2011. Gross Fixed Capital Formation in Jordan is reported by the World Bank.
Jordan Gross National Product at 21749.30 JOD Million  
Gross National Product in Jordan increased to 21749.30 JOD Million in 2012 from 20349 JOD Million in 2011. Gross National Product in Jordan is reported by the Department of Statistics, Jordan.
Jordan Building Permits at 2041.00  
Housing Index in Jordan decreased to 2041 in December of 2013 from 2403 in November of 2013. Housing Index in Jordan is reported by the Jordan Engineers Association.
Jordan Import Prices at 397.37 Index Points  
Import Prices in Jordan increased to 397.37 Index Points in December of 2013 from 386.70 Index Points in November of 2013. Import Prices in Jordan is reported by the Central Bank of Jordan.
Jordan Producer Prices at 220.52 Index Points  
Producer Prices in Jordan increased to 220.52 Index Points in January of 2014 from 215.28 Index Points in December of 2013. Producer Prices in Jordan is reported by the Department of Statistics, Jordan.
Jordan Remittances at 558.10 JOD Million  
Remittances in Jordan decreased to 558.10 JOD Million in the fourth quarter of 2013 from 625 JOD Million in the third quarter of 2013. Remittances in Jordan is reported by the Central Bank of Jordan.
Jordan Terms of Trade at 60.70 Index Points  
Terms of Trade in Jordan decreased to 60.70 Index Points in December of 2013 from 61.50 Index Points in November of 2013. Terms of Trade in Jordan is reported by the Central Bank of Jordan.
Jordan Balance of Trade at -852043.00 JOD Thousands  
Jordan recorded a trade deficit of 852043 JOD Thousands in December of 2013. Balance of Trade in Jordan is reported by the Central Bank of Jordan.
Jordan Current Account at -739.90 JOD Million  
Jordan recorded a Current Account deficit of 739.90 JOD Million in the fourth quarter of 2013. Current Account in Jordan is reported by the Central Bank of Jordan.
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