Ratio of GNP to GDP for Jordan
GNPGDPJOA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.66
Year-over-Year Change
1.42%
Date Range
1/1/1965 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Jordan measures the relationship between the total income earned by Jordanian nationals at home and abroad versus the total output produced within Jordan's borders.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This ratio provides insight into the level of international economic activity and integration for the Jordanian economy. It can indicate the importance of remittances, investments, and other cross-border income flows to Jordanian households and firms.
Methodology
The data is calculated by the U.S. Federal Reserve from official Jordanian government sources.
Historical Context
Policymakers and analysts use this ratio to assess Jordan's economic openness and dependence on external income sources.
Key Facts
- Jordan's GNP/GDP ratio has averaged around 1.05 over the past decade.
- Remittances from Jordanians working abroad account for a significant portion of the country's GNP.
- The GNP/GDP ratio is an important indicator of Jordan's economic openness and integration with the global economy.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Jordan measures the relationship between the total income earned by Jordanian nationals at home and abroad versus the total output produced within Jordan's borders.
Q: Why is this trend relevant for users or analysts?
A: This ratio provides insight into the level of international economic activity and integration for the Jordanian economy, indicating the importance of remittances, investments, and other cross-border income flows to Jordanian households and firms.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve from official Jordanian government sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this ratio to assess Jordan's economic openness and dependence on external income sources, which is relevant for policy decisions related to trade, investment, and labor markets.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological updates of the Jordanian government, which may result in occasional delays or revisions.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Jordan (GNPGDPJOA156NUPN), retrieved from FRED.