🇯🇴 Jordan

Public Sector Debt · 2026

Total Debt

105.6%

of GDP

Global Rank

#24

of 192

S&P Rating

BB-

Credit rating

SOE Debt

+18.1%

3 categories

Where the Debt Sits

Central Government

Central Government: 87.5%Energy SOEs: 10.0%Infrastructure: 7.0%Public Corps: 1.1%

Full Debt Breakdown

Central Government87.5% of GDP

Central GovernmentIMF WEO — General Government Debt

87.5%

Energy SOEs10.0% of GDP

NEPCO (National Electric Power Company)IMF Jordan Article IV 2024; Jordan MoF Q1 2023→Gov-guaranteed debt ~JD3.5B. Accumulated losses JD5.8B (16% GDP). Annual losses ~1% GDP. Power purchase agreements gov-guaranteed.

10.0%

Infrastructure SOEs7.0% of GDP

WAJ & water sector companiesIMF Jordan Article IV 2023; World Bank ICR 2018→WAJ + 3 water/sewerage companies combined sector debt ~$3.8B. Annual operational losses ~0.8% GDP.

7.0%

Public Corporations1.1% of GDP

Royal Jordanian AirlinesRoyal Jordanian financial statements 2023; Aviation Week→Accumulated losses ~JD400M. Syndicated loan JD177M. Net loss JD8.7M in 2023 (improving).

1.1%

Total Corporate Debt54.0% of GDP

NF corporate debt (est.)WB WDI 2020

54.0%

Household Debt29.1% of GDP

Household debt (est.)WB WDI 2020

29.1%

All Layers Total188.7%