Economic System

Jordan is a free market economy, with outward-oriented economic policies and a strong private sector led approach. The country ranks in the top six of seventeen countries examined with regard to doing business in the Middle East region (Doing Business Report, World Bank).

Led by a broad range of sectors including manufacturing, construction, real estate and services, the performance of Jordan’s economy has been strong and sustained. It experienced growth averaging 7 percent during the period of 2004-06—with 2007 results signaling continued high growth.

The ongoing privatizations of major state-owned enterprises and significant advances in structural and legal reforms have led the way for new a new era of development.