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Jordan

Welcome to the price transmission page for Jordan. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Jordan

Historic Warnings per Commodity

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Background information

Jordan's is one of the smallest economies in the Middle East. Scare natural resources and water shortages pose a serious challenge to the government as they overstrain the chronic budget deficits and deepen government debt. Jordan however is still popular among foreign investors, mainly due to a skilled labor force, and among tourists seeking medical treatments. Overall, the kingdom Jordan ranks as one of the safest Arab countries and has recently accepted many Syrian refugees.

Due to harsh environmental conditions, the agricultural sector is not important in the Jordan economy. It contributes to nearly 4% of the total GDP and employs 2% of the total workforce. Thereby, about one-tenth of the total land area is cultivated, and the main crops produced are citrus, tomatoes, cucumbers, olives, strawberries and stone fruits. Thus, in order to fulfill the domestic demand, more than 96% of the total cereals consumption is imported.

The upper-middle income country scored among those countries with a high level of human development, scoring 0.748 on the HDI (2014). Nevertheless, malnourishment and poverty are still issues of primary concern, given that almost one out of ten children under the age of five is stunted and approximately one-sixth of the total population lives in poverty. Moreover, both un- and underemployment need to be addressed.