Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Total population7.59 million7.42 million7.21 million
WDI
A.1.1
Urban population (% of total)83.68% of total83.45% of total83.21% of total
WDI
A.1.4
Urban population growth (annual %)2.66%3.03%3.39%
WDI
A.1.5
A.2 Economy
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
GDP, current prices (U.S. dollars)37,620 USD (millions)35,878 USD (millions)33,641 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)82,725 USD (millions)79,907 USD (millions)76,254 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)5,513.01 USD 5,374.59 USD 5,151.71 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)12,122.85 USD 11,970.34 USD 11,677.33 USD
WEO
A.2.4
GDP, constant prices (Percent change)2.5%3.1%2.83%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)-1.58%1.67%3.11%
WEO
A.2.6
GDP, deflator (Index)233.43228.19220.59
WEO
A.2.7
Consumer price index116.40117.43114.13
WDI
A.2.8
GINI Index  33.66
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Interest Rates:A.2.15
Central bank lending/discount rate3.75%4.25%4.5%
IFS
A.2.15.1
Average bank deposit rate3.5%4.52%4.85%
IFS
A.2.15.4
Lending rate8.48%8.99%9.01%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Number of dwelling units:B.1.1
Total  1.22 millionB.1.1.1
Total Urban  .98 millionB.1.1.2
Percentage of vacant units  20.12% of totalB.1.2
Characteristics of housing stock:B.1.3
% of substandard dwelling units  1.08% of totalB.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  62.01% of totalB.1.4.1
Private rental units  27.54% of totalB.1.4.3
Other forms of tenure   2.47% of totalB.1.4.5
Estimated Number of units completed/yearB.1.5
Number of recorded urban housing transactions/year  86778B.1.6
How complete is this measure for formal sector transactions?  Number reflects "Land" portion of "Total real estate sales" which are divided between "Land sales" and "Apartment sales"B.1.7
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2015End of 2014End of 2013SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 90% Maximum LTV for residents and 75% for expatriates.
Notes: 90% Maximum LTV for residents and 75% for expatriates.
Notes: A credit bureau is expected to start operations in 2014, with the support of IFC.
Notes: According to the Jordan Times, a fully fledged credit bureau was supposed to be established in associated with the JMRC by early 2014, but efforts to do so were not fulfilled
Notes: Banks can refinance a maximum of 83% of mortgage loans
Notes: Banks can refinance a maximum of 83% of mortgage loans
Notes: Banks can refinance a maximum of 83% of mortgage loans
Notes: Banks can refinance a maximum of 83% of mortgage loans
Notes: Banks can refinance a maximum of 83% of mortgage loans
Notes: Banks can refinance a maximum of 83% of mortgage loans.
Notes: Banks fund their mortgage loans by refinancing them with JMRC. JMRC funds itself by Corporate bonds and loans from the government
Notes: Banks fund their mortgage loans by refinancing them with JMRC. JMRC funds itself by Corporate bonds and loans from the government
Notes: Banks fund their mortgage loans by refinancing them with JMRC. JMRC funds itself by Corporate bonds and loans from the government
Notes: Banks fund their mortgage loans by refinancing them with JMRC. JMRC funds itself by Corporate bonds and loans from the government
Notes: Base year
Notes: CRIF was chosen mid-year 2015 to take over the creation of a credit bureau to be used by financial institutions in Jordan. The bureau at this time was planend to be fully operational by EOY 2015, but not before then.
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: Estimate based on the Refinance loans outstanding values as published by JMRC
Notes: For work and for free
Notes: Housing units without independent kitchen
Notes: Loans refinanced by JMRC benefit from a low risk weight(20% as against the general rule of 75%).
Notes: Loans refinanced by JMRC benefit from a low risk weight(20% as against the general rule of 75%).
Notes: No capital gains tax on personal property sales or corporate sales--corporate sales only taxed through corp. tax rate
Notes: One government agency, Development Employment Fund is also operating.
Notes: One government agency, Development Employment Fund is also operating.
Notes: One government agency, Development Employment Fund is also operating.
Notes: One government agency, Development Employment Fund is also operating.
Notes: One government agency, Development Employment Fund is also operating.