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Jordan

The ISO code of Jordan is JO according to the ISO 3166 standard. The local name of the country is Al Urdun. Jordan capital city is Amman. People in Jordan speak the Arabic language. On 2 August 1958, Jordan emerged as a sovereign political entity. In the year 08/02/1958, Jordan emerged as a sovereign political entity. The largest city in Jordan is Amman.

Jordan is located in the UTC +02:00 time zone, which is also called Atlantic Standard Time or AST. The internet country code top-level domain (ccTLD) for Jordan is .jo. Other domains assigned to Jordan are الاردن.. The International dialing code for Jordan is 962. People in Jordan drive on the right side of the road. Total land area of Jordan is 89,342 km² (approx. 34,495 mi²). Jordan is not a landlocked country. It means that is is bordered by at least one major body of water.

A view in Jordan

Jordan is located in Asia. Jordan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Currently Jordan faces various issues, including limited natural fresh water resources, deforestation, overgrazing, soil erosion, desertification.

Doing business in Jordan

We offer various corporate services in Jordan jurisdiction. These services can serve both, people coming from Jordan and foreigners. If you plan on doing business in Jordan you might be interested in contacting us.

To find out about starting your business in Jordan click on company formation in Jordan.

To find out how to open a bank account in Jordan and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Jordan.

Choose preferred service below or continue reading to find out more about Jordan.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Jordan

The total population of Jordan is 9,903,802 people. In Jordan, the population density is 76.1 people per square kilometer (198 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is rather diverse according to a fractionalization scale which for Jordan is 0.5926. Jordan has approximately 3112026 foreign immigrants. The median age is approximately 21.8 years. In Jordan, 41 in every 100 people use internet. Jordan has a Human Development Index (HDI) of 0.745.

The majority religion of Jordan is Islam, Jordan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Jordan.

Culture of Jordan

People in Jordan speak the Arabic language. According to data on inbound tourists in Jordan, 3,945,000 tourists arrive in the country each year. The first McDonalds in Jordan was opened on 7 November 1996, and it was located in Amman. One of the most popular national dishes of Jordan is mansaf. To read more click on culture of Jordan.

Geography of Jordan

Jordan is considered to be a large nation because of its total area. Its total land area is 89,342 km² (approx. 34,495 mi²). Jordan is located in Asia. Its capital city is Amman. Jordan has 5 neighbouring countries. Its neighbours include Iraq, Israel, Saudi Arabia, Syria, and Palestinian territories. Total length of land borders of Jordan is 1744 kilometers (~673 miles).

The highest point of Jordan is Jabal Umm ad Dami, with its official height being 1854 m (6,083 ft). Including land mass and EEZ, the total area of Jordan is approximately 89,508 km² (~34,559 mi²). The most notable natural resources found in Jordan are phosphates, potash, shale oil.To read more click on geography of Jordan.

Economy of Jordan

The currency of the country is Jordanian dinar. The symbol used for this currency is د.ا, and it is abbreviated as JOD. 14.9% of population in the country are unemployed. The total number of unemployed people in Jordan is 1,475,666. Each year, Jordan exports around $7.91 billion and imports roughly $18.61 billion. The Gini Index of the country is 39.7. Jordan has a Human Development Index (HDI) of 0.745.The Global Peace Index (GPI) for Jordan is 1.944. Jordan has a government debt of 51% of the country's Gross Domestic Product (GDP), as assessed in 2012. Jordan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are tourism, information technology, clothing, fertilizers, potash, phosphate mining, pharmaceuticals, petroleum refining, cement, inorganic chemicals, light manufacturing.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Jordan is $79,907 billion. Each year, consumers spend around $18,103 million. The ratio of consumer spending to GDP in Jordan is 0%, and the ratio of consumer spending to the world consumer market is 0.0522. The corporate tax in Jordan is set at 20%. Personal income tax ranges from 0% to 14%, depending on your specific situation and income level. VAT in Jordan is 16%. In 2013, Jordan received 1416.9 million USD in foreign aid.In 2014, the foreign aid amounted to 978.9 USD.To read more click on economy of Jordan.

Infrastructure of Jordan

Infrastructure quality in Jordan is rated to be at 2.59. It indicates a satisfactory quality - roads, railroad, ports and other facilities are able to handle significant traffic at all times and are also suited to various types of transport vehicles and vessels.

In Jordan, 99.5% of the population has access to electricity. There are 69,473 internet hosts in Jordan. Jordan has 18 airports nationwide.

The logistics performance index of Jordan is 2.87. It indicates a satisfactory performance - in general, traffic is handeled well, some flaws in certain areas are possible, but overall the logistics system performs reliably and is ready to handle predictable amounts of traffic.

Tracking possibilities for shipments are rated at 2.67. It indicates a satisfactory performance - the tracking systems provide all the basic information as well as additional data about shipments; most of the times it also has a weel established cooperation with foreign and international tracking systems, as well as usually provides information in multiple languages.

The number of road motor vehicles per 1000 inhabitants in Jordan is 188. To read more click on infrastructure of Jordan.

Politics of Jordan

Jordan, is a unitary parliamentary constitutional monarchy. With regard to political and civil freedoms, Jordan is 3. Citizens in Jordan experience little to no civil liberties and political rights. Citizens are not free to express themselves and do not enjoy political freedom or a representative government. Countries with this political situation are dangerous for investment, as an authoritarian government may have outsize control over economic matters. The head of the government is Abdullah II.

According to the World Bank Group, the government effectiveness index of Jordan is 0.13. This indicates that the government of Jordan is mediocre. While some public and civil services are limited, in other cases they can be considered adequate or even effective. Potential investors should carefully evaluate the governmental situation in Jordan before considering any business maneuvers.In Jordan, the legislative power is vested in a National Assembly. The Global Peace Index (GPI) for Jordan is 1.944. In 2013, Jordan received 1416.9 million USD in foreign aid. In 2014, the foreign aid amounted to 978.9 USD. Jordan is a member of the United Nations (UN). On 14 December 1955, it joined the UN as a full member state. Jordan is a member of the World Bank. To read more click on politics of Jordan.

Environment of Jordan

Jordan emits 3.6 metric tons per capita of CO2. 893 km² of Jordan's territory is covered in forests. and forest land comprises 1% of all the land in the country. The number of road motor vehicles per 1000 inhabitants in Jordan is 188. To read more click on environment of Jordan.

Company formation in Jordan

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Jordan.

When establishing a company in Jordan, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Jordan that will affect the establishment and growth of one's business. Contact us or click on company formation in Jordan to read additional information when setting up a business.

Bank account opening in Jordan

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Jordan. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Jordan, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Jordan or contact us.