Official name | The Hashemite Kingdom of Jordan |
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Political capital | Amman |
Territory surface | 89.206 km2 |
Population | 9.532.000 |
Population density | 107/km2 |
Major cities | Amman, Zarqa, Irbid, Karak |
Neighboring countries | Syria, Israel, Palestine, Saudi Arabia, Iraq |
Form of Government | Parliamentary Constitutional Monarchy |
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Official religions | Islam, with a Christian minority |
Local currency | Jordanian Dinar (JOD) |
Currency exchange rate | 1,41 US Dollars (= 1 Jordanian Dinar) |
GDP | 38.65 billion USD |
GDP rate | 2.2% |
Inflation | 3.3% |
Unemployment | 14.9% |
Official languages | Arabic |
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Political situation | Jordan can be considered a stable country at an institutional level, with King Abdullah II and his Royal Court maintaining their central position in the political and institutional system. The municipal elections of August 2017, in the intentions of the Government, represented the first step towards greater decentralization and involvement of local communities. The last parliamentary elections were held on 20 September 2016, according to new electoral legislation. The Kingdom has a peaceful ethnic and religious coexistence and actively promotes inter-religious dialogue. In recent years, however, there has been a strong increase in population, in particular because of the conflicts that have affected other countries in the region (among all, Iraq and Syria). Foreigners residing in Jordan are estimated at almost 3 million, equal to about 30% of the population. To these is added the historical Palestinian component, it being understood that the traditional axis of support in the country is represented by the Bedouin tribes. |
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The rare economic and political stability of Jordan, when considering the warlike area in which it stays, attracts foreign capitals towards investing in numerous economic sectors together with entering the regional market. Water issue is one of the most substantial impediment to a structural economic growth. Thus, crucial is the solutions that have to be granted in order to tackle the problem, employing the energetic sector as a leverage. Jordanian government is putting great efforts so that easing the legislation on economic subjects may favor larger investments flows.
The Kingdom was one of the first Arab countries to introduce and apply new communication and information technologies to the economy. The technical development and growth of the sector were favored by the privatization of the telecommunications sector, which began with the granting of three mobile phone GSM and the numerous licenses of Internet Service Providers (ISPs) to individuals.