The kingdom’s economy relies heavily on tax revenues and foreign aid to secure the funds required to provide public services. In order to increase tax revenues, and consequently reduce dependence on foreign aid, the government should allocate resources towards increasing the efficiency of the tax system, and encourage compliance at both the...
Literacy rates and school attendance are high in Jordan thanks to a cultural emphasis on education. Nearly half of those old enough to go to university are enrolled in them. Spending on research as a proportion of GDP is also very high by regional standards. Jordan’s universities have a good reputation in the region and a substantial proportion of their students come...
According to the latest available data from the World Bank, Jordan spent 0.43% of GDP on scientific research in 2008. This was up from 0.34% in 2002, the second latest year for which data is available. Although substantially below levels in the West, this is nonetheless well above countries in the region for which data is available, with Iraq...
Rising health expenditure and Jordan’s status as the leading medical tourism destination in the Middle East are helping to drive expansion in the kingdom’s private hospital segment, which also benefits from the availability of well-trained medical staff and comparatively low treatment fees. Challenges include rising operating costs – in...
After Qatar, Jordan was the second Middle East country to launch a global system for mobile communications, or GSM, and has not looked back since. More recently, advancements in data and the greater availability of smartphones are positioning the kingdom for another leap forward in the telecoms sector.
The ICT sector is Jordan’s fasting growing industry, rising by about one-quarter a year and providing more than 80,000 direct, indirect and induced jobs – equivalent to more than 6% of the labour force – according to the Information Technology Association of Jordan (int@j). Since the country opened itself to ICT development in the late 1990s, the sector has grown into an...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×