Insurance and financial services in Jordan
Jordan: Insurance and financial services was 1.3% in 2024. ◆ Volatile
Insurance and financial services in Jordan, 1997–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2024, insurance and financial services in Jordan stood at 1.3%.
Compared with earlier readings it is up 19.4% on the previous year and up 14.2% over ten years.
Over the whole period, insurance and financial services in Jordan peaked at 2.5% in 2021 and was at its lowest, 0.1%, in 1999.
That places Jordan 132nd out of 190 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Jordan, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1997 | 0.2% | — |
| 1998 | 0.1% | -52.4% |
| 1999 | 0.1% | -8.1% |
| 2014 | 1.1% | +1028.6% |
| 2015 | 1.8% | +62.3% |
| 2016 | 1.6% | -11.4% |
| 2017 | 0.9% | -41.9% |
| 2018 | 2.0% | +110.7% |
| 2019 | 1.2% | -38.6% |
| 2020 | 2.5% | +105.3% |
| 2021 | 2.5% | +2.1% |
| 2022 | 1.5% | -39.8% |
| 2023 | 1.1% | -29.8% |
| 2024 | 1.3% | +19.4% |
Jordan compared with similar countries
- Jordan's 1.3% is below the median for upper middle income countries, which is 1.8%, 72% of the median. (53 countries reporting)
- Jordan's 1.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.4%, 53% of the median. (20 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Jordan changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +1028.6% | 0.1% | 1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.2% | 3 |
| 2010s | 1.4% | 0.9% | 2.0% | 6 |
| 2020s | 1.8% | 1.1% | 2.5% | 5 |
Countries ranked near Jordan
More economy & growth data for Jordan
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.05 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 54.08 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 4.68 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.63 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -18.53 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0279 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 141.49 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 21.05 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Jordan?
- Insurance and financial services in Jordan was 1.3% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Jordan?
- The highest recorded value was 2.5% in 2021.
- What is the lowest insurance and financial services recorded in Jordan?
- The lowest recorded value was 0.1% in 1999.
- How does Jordan rank for insurance and financial services?
- Jordan ranks 132nd out of 190 countries with data for 2024.
- Is insurance and financial services rising or falling in Jordan?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is volatile.
- Where does this Jordan data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.