RIYADH: Jordan has maintained its long-term sovereign credit rating at “BB-” with a stable outlook, according to S&P Global, underscoring the country’s resilience despite heightened regional security challenges.
In its latest assessment, the US-based ratings agency attributed the decision to Jordan’s macroeconomic stability, steady progress on financial and structural reforms, and continued international support, the state-run Petra news agency reported.
The outlook is further reinforced by improving fiscal performance. Official data show domestic revenues climbed 3.6 percent in the first half of 2025 to 4.67 billion dinars ($6.59 billion), supported by government measures to bolster public finances.
This increase of about 164.7 million dinars coincided with a reduction in public debt, which fell to 35.3 billion dinars, or 90.9 percent of gross domestic product, down from 92.7 percent in May, according to Central Bank of Jordan figures.
S&P expects Jordan’s economy to expand 2.6 percent in 2025, aided by a rebound in the travel and tourism industry, shifting regional dynamics, and a gradual pickup in trade with Syria and Iraq.
