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 commercial service exports.
Analysis
Jordan recorded 1.3% for insurance and financial services in 2024.
Compared with earlier readings it is up 18.6% on the previous year and up 5.8% over ten years.
Over the whole period, insurance and financial services in Jordan peaked at 2.6% in 2021 and was at its lowest, 0.1%, in 1999.
Jordan ranks 134th of 190 countries on this measure, 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 commercial service exports | Change |
|---|---|---|
| 1997 | 0.2% | — |
| 1998 | 0.1% | -52.6% |
| 1999 | 0.1% | -8.1% |
| 2014 | 1.2% | +1112.0% |
| 2015 | 1.9% | +59.9% |
| 2016 | 1.7% | -14.2% |
| 2017 | 1.0% | -40.2% |
| 2018 | 2.0% | +105.7% |
| 2019 | 1.3% | -38.8% |
| 2020 | 2.6% | +110.6% |
| 2021 | 2.6% | +0.0% |
| 2022 | 1.6% | -41.1% |
| 2023 | 1.1% | -30.3% |
| 2024 | 1.3% | +18.6% |
Jordan compared with similar countries
- Jordan's 1.3% is below the median for upper middle income countries, which is 1.9%, 69% of the median. (53 countries reporting)
- Jordan's 1.3% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 2.6%, 50% 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 | +1112.0% | 0.1% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.2% | 3 |
| 2010s | 1.5% | 1.0% | 2.0% | 6 |
| 2020s | 1.8% | 1.1% | 2.6% | 5 |
Countries ranked near Jordan
More private sector data for Jordan
- Merchandise trade 71.2% (2025)
- Food imports 20.7% (2024)
- Manufactures imports 56.9% (2024)
- Merchandise imports 28.95 billion current US$ (2025)
- Food exports 17.6% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 14.91 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,294 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2421 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.19 % 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 2.6% 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 134th 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 5.8%. 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 commercial service exports). Statizoid updates them automatically from the source API.
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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.