amental problems, but King ABDALLAH
since assuming the throne in 1999 has undertaken some broad economic
reforms in a long-term effort to improve living standards. Amman in the
past three years has signed on to an IMF agreement, practiced careful
monetary policy, and made significant headway with privatization. The
government also has liberalized the trade regime sufficiently to secure
Jordan's membership in the WTrO, an association agreement with the EU,
and a free trade accord with US. These measures have helped improve
productivity and have put Jordan on the foreign investment map. Ongoing
challenges include fiscal adjustment to reduce the budget deficit and
broader investment incentives to promote job-creating ventures.

GDP: purchasing power parity - $21.6 billion (2001 est.)

GDP - real growth rate: 2.8% (2001 est.)

GDP - per capita: purchasing power parity - $4,200 (2001 est.)

GDP - composition by sector: agriculture: 3.7% industry: 26% services:
70.3% (2001 est.)

Population below poverty line: 30% (2001 est.)

Household income or consumption by percentage share: lowest 10%: 3.3%
highest 10%: 29.8% (1997)

Distribution of family income - Gini index: 36.4 (1997)

Inflation rate (consumer prices): 1.5% (2001 est.)

Labor force: 1.26 million note: in addition, at least 300,000 workers
are employed abroad (2001)

Labor force - by occupation: services 82.5%, industry 12.5%, agriculture
5% (2001 est.)

Unemployment rate: 16% official rate; actual rate is 25%-30% (2001 est.)

Budget: revenues: $2.9 billion expenditures: $3.1 billion, including
capital expenditures of $NA (2001 est.)

Industries: phosphate mining, petroleum refining, cement, potash,
light manufacturing, tourism

Industrial production growth rate: 3.9% (2001 est.)

Electricity - production: 6.932 billion kWh (2000)

Electricity - production by source: fossil fuel: 99.44% hydro: 0.56%
other: 0% (2000) nuclear: 0%

Electricity - consumption: 7.092 billion kWh (2000)

Electricity - exports: 5 million kWh (2000)

Electricity - imports: 650 million kWh (2000)

Agriculture - products: wheat, barley, citrus, tomatoes, melons, olives;
sheep, goats, poultry

Exports: $2.2 billion (f.o.b., 2001 est.)

Exports - commodities: phosphates, fertilizers, potash, agricultural
products, manufactures, pharmaceuticals

Exports - partners: India, Iraq, Saudi Arabia, EU, US, Indonesia, UAE,
Lebanon, Kuwait, Syria, Ethiopia