Highly dependent on foreign aid and remittances, the kingdom's economy is set grow a mere 2% in 2018. Amman faces a popular backlash at each attempt to push through IMF-backed reforms. Plans to import natural gas from Israel’s Leviathan field, to curb a gaping energy deficit, face widespread public opprobrium.
|Debt to GDP||95.9||%|
ALL DATA 2018 UNLESS OTHERWISE INDICATED.
27 May, 2022
Jordan has kicked off a new appraisal attempt of oil reserves on the Sirhan Development and Jafr blocks. There has been little appraisal of Jordan’s frontier acreage in recent decades, and Amman is pinning its hopes on technology advances unlocking new reserves.
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