Country Overview
Jordan is the highest ranked country in the Activity driver for InfraCompass 2020. This is driven by high levels of private and foreign infrastructure investment relative to the size of its economy, over the past five years. Jordan implemented structural reforms in 2019 which included improving public procurement processes to help bring better value for money and better quality outcomes from investment. High levels of gross government debt, low GDP growth and the impact of the COVID-19 pandemic present as key challenges for Jordan’s ability to deliver future infrastructure projects.
See Full Overview Data
GDP per capita
4,412 USD
Population
10.3 million persons
Infrastructure quality
67.4 (0-100 best)
Infrastructure investment
4.8% of GDP
Infrastructure gap
1.2% of GDP

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Rank

Score /100

Best practice

39
-
54.8
Contender
51
1
54.9
Aspiring
42
9
70.2
Contender
23
2
91.2
Top performer
46
5
71.6
Contender
1
1
80.9
Global Leader
63
7
21.8
Aspiring
33
2
40.1
Contender

Metric Overview

Strengths

Private infrastructure investment

At 1.4% of GDP, Jordan has one of the highest levels of private investment in infrastructure as a share of GDP globally. To continue attracting capital to fund infrastructure projects, Jordan has developed a pipeline of projects to identify medium and long-term investment opportunities.

Value of close infrastructure deals with foreign equity sponsorship

At 0.83% of GDP, Jordan has one of the highest levels of closed infrastructure deals with foreign equity sponsorship among InfraCompass 2020 countries. A high value may reflect favourable trade conditions and lower barriers to foreign investment. The COVID-19 pandemic may impact international capital flows.

Financial stability

Jordan has stable financial markets, supported by a higher than required Capital Adequacy Ratio of 16.9%. A stable financial system facilitates the smooth flow of funds between infrastructure assets and investors. The long-term impacts of the COVID-19 pandemic may affect stability.

Private infrastructure investment

At 1.4% of GDP, Jordan has one of the highest levels of private investment in infrastructure as a share of GDP globally. To continue attracting capital to fund infrastructure projects, Jordan has developed a pipeline of projects to identify medium and long-term investment opportunities.

Value of close infrastructure deals with foreign equity sponsorship

At 0.83% of GDP, Jordan has one of the highest levels of closed infrastructure deals with foreign equity sponsorship among InfraCompass 2020 countries. A high value may reflect favourable trade conditions and lower barriers to foreign investment. The COVID-19 pandemic may impact international capital flows.

Financial stability

Jordan has stable financial markets, supported by a higher than required Capital Adequacy Ratio of 16.9%. A stable financial system facilitates the smooth flow of funds between infrastructure assets and investors. The long-term impacts of the COVID-19 pandemic may affect stability.

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

Upper-middle income country average

Financial markets:
Financial stability

Opportunities to Grow

Stocks traded

Jordan traded stocks worth approximately 5.5% of GDP in 2019, below the Upper Middle Income Countries’ average of 25.6% of GDP. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.

Gross government debt

At 94.6% of GDP, Jordan has the highest level of gross government debt among Upper Middle Income Countries. Considering the existing high level of debt and the impacts of the COVID-19 pandemic, this may hinder Jordan’s ability to invest in infrastructure projects.

Long term GDP growth trend

Jordan’s long-term GDP growth is 2.7%, which is lower than the 3.1% average for Upper Middle Income Countries. Combined with the uncertain impact of the COVID-19 pandemic, this growth trend may hamper Jordan’s ability to borrow and build more infrastructure.

Stocks traded

Jordan traded stocks worth approximately 5.5% of GDP in 2019, below the Upper Middle Income Countries’ average of 25.6% of GDP. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.

Gross government debt

At 94.6% of GDP, Jordan has the highest level of gross government debt among Upper Middle Income Countries. Considering the existing high level of debt and the impacts of the COVID-19 pandemic, this may hinder Jordan’s ability to invest in infrastructure projects.

Long term GDP growth trend

Jordan’s long-term GDP growth is 2.7%, which is lower than the 3.1% average for Upper Middle Income Countries. Combined with the uncertain impact of the COVID-19 pandemic, this growth trend may hamper Jordan’s ability to borrow and build more infrastructure.

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

Upper-middle income country average

Financial markets:
Stocks traded

Funding capacity:
Gross government debt

Funding capacity:
Long term GDP growth trend

Detailed Data

This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017. 

Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Metric

Jordan

Upper-middle Income Countries Average

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

27.3 (-0.1)
37.7

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

54.7 (-1.4)
45.1

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

Yes
-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

46.7 (+10.0)
40.2

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

43.7 (+1.9)
46.1

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

Yes
-

Jordan

Upper-middle Income Countries Average

27.3 (-0.1)
37.7
54.7 (-1.4)
45.1
Yes
-
46.7 (+10.0)
40.2
43.7 (+1.9)
46.1
Yes
-

Country Overview Data

Jordan is the highest ranked country in the Activity driver for InfraCompass 2020. This is driven by high levels of private and foreign infrastructure investment relative to the size of its economy, over the past five years. Jordan implemented structural reforms in 2019 which included improving public procurement processes to help bring better value for money and better quality outcomes from investment. High levels of gross government debt, low GDP growth and the impact of the COVID-19 pandemic present as key challenges for Jordan’s ability to deliver future infrastructure projects.
GDP per capita

4,412 USD

Population

10.3 million persons

Infrastructure quality

67.4 (0-100 best)

Infrastructure investment

4.8% of GDP

Infrastructure gap

1.2% of GDP

GDP

44.2 USD billion

GDP growth rate

2.2%

GDP per capita growth rate

2.7%

Gini coefficient

33.7 (0-100 worst)

Gross Government Debt

95.0% of GDP

Inflation rate

2.0%

Summary credit rating

35.0 (0-100 best)

Unemployment rate

14.9%

Urbanisation ratio

91.0% of total population

Road connectivity

76.9 (0-100 best)

Quality of road infrastructure

4.2 (1-7 best)

Efficiency of train services

2.6 (1-7 best)

Efficiency of air transport services

5.2 (1-7 best)

Efficiency of seaport services

4.4 (1-7 best)

Electricity access

100.0% of population

Electricity supply quality

10.3% of output lost

Exposure to unsafe drinking water

9.4% of population

Reliability of water supply

4.9 (1-7 best)

Digital Adoption Index

0.5 (0-1 best)

Mobile-broadband subscriptions

87.6 per 100 population

Fixed-broadband Internet subscriptions

3.9 per 100 population