COUNTRY PROFILE Jordan
IMD WORLD COMPETITIVENESS RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 1
COMPETITIVENESS TRENDS - OVERALL JORDAN OVERALL PERFORMANCE (63 countries) 53 52 53 CHALLENGES IN 2018 Maintain Maintain consolidation consolidation of national of national macro-economic, macro-economic, fiscal fiscal and and monetary stability, despite regional instabilities. Strengthen economic resilience; inclusive sustainable development, growth, poverty reduction and job creation, particularly for women and youth. Ensure fair burden sharing by international community and support to Jordan Compact and Response Plans for Syria. Deepen reform on ease of doing business, digital Jordan, rule of law, skills, water, energy, transport and social protection. Deepen public-private partnerships for physical and social infrastructure, maximize investments and export opportunities. Provided Ministry of by: Planning and International Cooperation, Amman Ministry of Planning and International Cooperation, Amman 56 52 BASIC FACTS Rank Capital Land area (square km '000) Amman 89 2017 Exchange Rate (per $) 0.710 2017 Population - market size (millions) 9.92 2017 39 Gross Domestic Product (GDP) (US$ billions) 40.1 2017 58 GDP (PPP) per capita (US$) 8,977 2017 60 Real GDP growth (%) 2.0 2017 46 Consumer price inflation (%) 3.33 2017 47 Unemployment rate (%) 18.30 2017 60 Labor force (millions) 1.71 2017 55 Current account balance (% of GDP) -8.50 2017 Direct investment stocks inward ($bn) 32.1 2016 54 Direct investment flows inward (% of GDP) 3.60 2017 17 COMPETITIVENESS LANDSCAPE Economic Performance Government Efficiency Business Efficiency Infrastructure Domestic Economy International Trade International Investment Employment Prices Public Finance Tax Policy Institutional Framework Business Legislation Societal Framework Productivity & Efficiency Labor Market Finance Management Practices Attitudes and Values Basic Infrastructure Technological Infrastructure Scientific Infrastructure Health and Environment Education 23 58 51 35 42 40 39 53 53 45 46 52 59 47 46 PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries) 34 34 35 37 35 28 30 30 31 30 2
COMPETITIVENESS TRENDS - FACTOR BREAKDOWN JORDAN ECONOMIC PERFORMANCE 57 59 57 Sub-Factor Rankings : 2017 Domestic Economy International Trade 46 International Investment 52 Employment 61 Prices 55 2018 58 51 35 GOVERNMENT EFFICIENCY 31 32 44 49 43 Sub-Factor Rankings : 2017 Public Finance 47 Tax Policy 36 Institutional Framework 45 Business Legislation 43 Societal Framework 52 2018 42 40 39 53 BUSINESS EFFICIENCY 47 47 40 47 39 Sub-Factor Rankings : 2017 Productivity & Efficiency 45 Labor Market 61 Finance 49 Management Practices 35 Attitudes and Values 38 2018 53 45 46 23 INFRASTRUCTURE 50 50 52 57 54 Sub-Factor Rankings : 2017 Basic Infrastructure Technological Infrastructure 50 Scientific Infrastructure 58 Health and Environment 54 Education 50 2018 52 59 47 46 3
IMD WORLD COMPETITIVENESS DIGITAL RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 4
DIGITAL TRENDS - OVERALL JORDAN OVERALL PERFORMANCE (63 countries) Overall Alpha Alpha Factors Beta BetaLabel Gamma GammaLab Sub-Factors 1 2 2 2 2 2 2 4 4 4 2 2 6.5 4 4 2 2 8.5 4 4 2 2 10.5 4 4 2 2 56 39 41 63 Knowledge Talent Training & education Scientific concentration 45 48 43 39 54 Technology Regulatory framework Capital Technological framework 41 58 23 42 The direction of the triangle indicates the performance change from the last year: improved or stable declined Future readiness Adaptive attitudes Business agility IT integration OVERALL & FACTORS - 5 years OVERALL Knowledge Technology Future readiness 46 49 48 56 45 60 61 59 61 56 40 49 45 50 48 35 38 37 48 41 COMPETITIVENESS & DIGITAL RANKINGS Digital Competitiveness N.B. This graph provides only a comparison of the country s performance in the two rankings. 46 49 48 53 52 53 56 45 52 PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries) POPULATIONS < 20 MILLION (34 countries) 32 34 34 39 32 29 30 31 33 28 5
u Overall top strengths w Overall top weaknesses FACTORS BREAKDOWN - STRENGHTS AND WEAKNESSES JORDAN KNOWLEDGE Subfactors Talent 42 45 40 55 39 Training & education 58 60 59 58 41 Scientific concentration 59 60 61 63 Talent Rank Rank Rank Training & education Scientific concentration Educational assessment PISA - Math 55 Employee training 22 Total expenditure on R&D (%) - u International experience 15 Total public expenditure on education 43 Total R&D personnel per capita 57 Foreign highly-skilled personnel 39 Higher education achievement - Female researchers 51 Management of cities 43 Pupil-teacher ratio (tertiary education) 52 R&D productivity by publication - Digital/Technological skills 18 Graduates in Sciences 21 Scientific and technical employment 44 Net flow of international students 16 Women with degrees - High-tech patent grants 50 TECHNOLOGY Subfactors Regulatory framework 40 45 50 53 43 Capital 20 29 24 30 39 Technological framework 51 54 50 53 54 Regulatory framework Rank Capital Rank Technological framework Rank Starting a business 49 IT & media stock market capitalization - Communications technology 31 Enforcing contracts 54 Funding for technological development 17 Mobile Broadband subscribers 36 Immigration laws 41 Banking and financial services 27 u Wireless broadband 16 u Development and app. of technology 14 Investment risk 58 w Internet users 60 Scientific research legislation 38 Venture capital 39 w Internet bandwidth speed 60 Intellectual property rights 40 Investment in Telecommunications w High-tech exports (%) 61 FUTURE READINESS Subfactors Adaptive attitudes 46 44 43 55 58 Business agility 28 31 34 23 IT integration 46 48 40 50 42 Adaptive attitudes Rank Business agility Rank IT integration Rank w E-Participation 59 Opportunities and threats 39 E-Government 59 Internet retailing - Innovative firms - Public-private partnerships 22 w Tablet possession 59 Agility of companies 39 u Cyber security 7 Smartphone possession 26 u Use of big data and analytics 4 Sofware piracy 46 Attitudes toward globalization 41 Knowledge transfer 27 6
IMD WORLD TALENT RANKING 2018 All data are available from the World Competitiveness Online. Visit our eshop 7
IMD World Talent Ranking 2018 JORDAN OVERALL PERFORMANCE (63 countries) The direction of the triangle Alpha indicates AlphaLabel the Beta BetaLabel Gamma GammaLabel performance change from the last year: 1 2 2 2 2 2 2 improved or stable declined 4 4 4 2 2 41 50 Investment & Development 39 Appeal Overall Investment & Development Appeal Readiness 29 34 42 42 52 28 36 55 32 40 56 44 49 39 41 50 Readiness 60 Investment & Development Total public expenditure on education Percentage of GDP 3.9 % 43 Gov. expenditure on education per student Percentage of GDP per capita (secondary education) 18.5 % 38 Pupil-teacher ratio (primary education) Ratio of students to teaching staff 16.91 ratio 43 w Pupil-teacher ratio (secondary education) Ratio of students to teaching staff 14.59 ratio 47 Apprenticeships Employee training are sufficiently implemented is a high priority in companies Value 2018 Rank 5.24 Survey [0..10] 22 6.10 Survey [0..10] 22 w Female labor force Percentage of total labor force 18.21 % 60 Health infrastructure meets the needs of society 6.27 Survey [0..10] 30 Appeal Cost-of-living index Index of a basket of goods & services in the main city, including housing (New York City = 100) 78.70 index 41 Attracting and retaining talents is a priority in companies 6.19 Survey [0..10] 43 Worker motivation in companies is high 5.26 Survey [0..10] 45 w Brain drain (well-educated and skilled people) does not hinder competitiveness in your economy 3. Survey [0..10] 49 Quality of life is high 5.66 Survey [0..10] 44 Foreign highly-skilled personnel are attracted to your country's business environment 4.89 Survey [0..10] 39 Remuneration in services professions Gross annual income including supplements such as bonuses, US$ - US$ - w Remuneration of management Total base salary plus bonuses and long-term incentives, US$ 52,451 US$ 57 u Effective personal income tax rate Percentage of an income equal to GDP per capita 7.43 % 10 Personal security and private property rights are adequately protected 6.71 Survey [0..10] 35 Value 2018 Rank Readiness u Labor force growth Percentage change 2.86 % 10 u Skilled labor is readily available 6.76 Survey [0..10] 5 Finance skills are readily available 6.63 Survey [0..10] 27 International experience of senior managers is generally significant 6.37 Survey [0..10] 15 u Competent senior managers are readily available 6.70 Survey [0..10] 12 Educational system The educational system meets the needs of a competitive economy 6.29 Survey [0..10] 26 Science in schools is sufficiently emphasized 6.29 Survey [0..10] 19 University education meets the needs of a competitive economy 6. Survey [0..10] 26 Management education meets the needs of the business community 6.46 Survey [0..10] 24 Language skills are meeting the needs of enterprises 6.80 Survey [0..10] 28 u Student mobility inbound Foreign tertiary-level students per 1000 inhabitants 4.86 number 15 w Educational assessment - PISA PISA survey of 15-year olds 394 Average 54 Value 2018 Rank 8
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