National Debt (% of GDP): Jordan

Analysis# Jordan National Debt (% of GDP) Jordan's national debt stands at 87.5% of GDP in 2026, down significantly from its catastrophic 1990 peak of 204.8%. The country has achieved a 47.1% reduction in its debt-to-GDP ratio since 1988, though current levels remain well above the 53.2% low recorded in 2008. This substantial improvement reflects decades of fiscal consolidation efforts. The 2008–2019 period marked a critical shift, with debt declining from its post-crisis trough before spiking dramatically to 104.5% in 2020 during the COVID-19 pandemic. Jordan has since recovered, with projections showing continued decline through 2026. Recent volatility aside, the nation's long-term trajectory demonstrates sustained progress in managing its debt burden, positioning it toward further improvements in fiscal health.