Data published in the General Government Finance Bulletin issued by the Ministry of Finance show that Jordan’s public debt balance, excluding holdings by the Social Security Corporation, reached JD 37.38 billion, equivalent to 84% of the country’s Gross Domestic Product (GDP).
The ministry said it follows internationally recognized methodologies and standards in reporting public debt, including excluding debt held by the Social Security Corporation as the basis for calculating the debt balance, in line with practices agreed upon with international institutions. It added that information on Social Security’s debt holdings is also published in the government finance bulletin to enhance transparency.
As part of its National Reform Program, the government is committed to reducing the public debt-to-GDP ratio to around 80% by the end of 2028.
The ministry also noted that Jordan’s public debt has remained stable in recent years despite ongoing geopolitical uncertainty in the region. It added that international credit rating agencies have commended the government’s fiscal measures, its commitment to debt sustainability, and its ability to meet both domestic and external financial obligations.
