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Map of Jordan

Country name:

conventional long form: Hashemite Kingdom of Jordan
conventional short form: Jordan
local long form: Al Mamlakah al Urduniyah al Hashimiyah

 

Capital:

Amman. Population: 2.5 million (2006 estimate).
 

 

Location:

Middle East, northwest of Saudi Arabia

 

Area:

92,300 sq km (35,637 sq miles).
 

Population:

5,611,202 (July 2004 est.)

 

Languages:

Arabic (official), English widely understood among upper and middle classes

 

Climate:

The Jordan Valley and the area around Aqaba is warm during winter (January-February) with chilly evenings, and extremely hot in summer (June-August). In the Eastern Desert, the winter can be bitterly cold and dry and the summer intensely hot. The central spine of hills can receive snowfall in winter and is cool in the evenings in summer. Rain falls between November and March

Economy - overview:

Jordan's agricultural sector produces tomatoes, citrus fruit, cucumbers, watermelons, aubergines and wheat, mostly grown in the fertile ground along the Jordan Valley. Phosphate mining and potash extraction are the traditional industries; oil refining, chemical manufacturing and the production of metals and minerals also contribute to this sector. The service sector accounts for around two-thirds of total output and covers wholesale and retail trading, finance, transport and tourism.
Jordan is a member of various pan-Arab economic bodies, notably the Council of Arab Economic Co-operation and the Arab Monetary Fund. Jordan also belongs to the World Trade Organization (WTO) and has a free trade accord with the USA and an association agreement with the EU.
Employment has proved a challenge for the government through the past decade and many Jordanian workers have moved abroad in search of employment - a trend the government is trying to reverse. To help improve productivity and make Jordan a more attractive country for foreign investment, the government has reduced its debt-to-GDP ratio. A major challenge now facing Jordan is reducing dependence on foreign grants.
Inflation in 2007 was 5.4%, while annual growth was expected to reach 5.7%. The official unemployment rate for 2007 was 30%.

Economy:

Jordan's agricultural sector produces tomatoes, citrus fruit, cucumbers, watermelons, aubergines and wheat, mostly grown in the fertile ground along the Jordan Valley. Phosphate mining and potash extraction are the traditional industries; oil refining, chemical manufacturing and the production of metals and minerals also contribute to this sector. The service sector accounts for around two-thirds of total output and covers wholesale and retail trading, finance, transport and tourism.
Jordan is a member of various pan-Arab economic bodies, notably the Council of Arab Economic Co-operation and the Arab Monetary Fund. Jordan also belongs to the World Trade Organization (WTO) and has a free trade accord with the USA and an association agreement with the EU.
Employment has proved a challenge for the government through the past decade and many Jordanian workers have moved abroad in search of employment - a trend the government is trying to reverse. To help improve productivity and make Jordan a more attractive country for foreign investment, the government has reduced its debt-to-GDP ratio. A major challenge now facing Jordan is reducing dependence on foreign grants.
Inflation in 2007 was 5.4%, while annual growth was expected to reach 5.7%. The official unemployment rate for 2007 was 30%.
 

 

 

Exports:

Phosphates, potash, fertilisers, pharmaceuticals and clothing.

Imports:

Crude oil, manufactured goods, machinery and textile fabrics.
Main trade partners: Saudi Arabia, USA, Iraq, China (PR) and India.

Exchange rates:

Dinar (JOD; symbol JD) = 100 piastres or 1,000 fils. Notes are in denominations of JD50, 20, 10, 5 and 1, and 500 fils. Coins are in denominations of JD1, 1/2 and 1/4; 10, 5, 2 and 1/2 piastres; and 1 and 1/2 qirsh.
http://www.worldtravelguide.net/country/133/money/Middle-East/Jordan.html

GDP :

US$15.7 billion (2007 estimate).

 

 

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  Copyright By :  Kish Trade Promotion Center  2002