Jordan: Favorable Business Environment

Jordan is a free market oriented economy, with outward-oriented economic policies and a private sector led approach. Jordan experienced an ongoing privatization of major state-owned enterprises and implemented significant advances in structural and legal reform.

- Jordan ranks in the top six of the seventeen countries examined with regard to doing business in the Middle East region (Doing Business Report, World Bank.

- Jordan enjoys competitive labor laws: ranks 2nd in areas of employing workers , hiring and firing and flexibility in hours (Doing Business Report, World Bank).

- Jordan is committed to the protection of investors' rights irrespective of national origin.

- Jordan has one of the most impartial and efficient legal systems in the region, comparable to international standards.

The annual Doing Business report conducted by the World Bank's International Finance Corporation (IFC) provides comparative insight into Jordan's relative rankings along a number of measures for typical business operations. The results show that Jordan ranks in the top six of the seventeen countries examined with regard to doing business in the Middle East region.
Jordan ranks in the top tier among countries ranked for employing workers in the areas of hiring and firing and flexibility in hours. The country has very competitive laws in this regard. The Kingdom is ranked first relative to its peers for enforcing contracts in a timely matter and second for legal rights involved in obtaining credit. The legal protections encourage investors to continue investing capital in Jordan. Procedurally, Jordan does an exemplary job at moving goods quickly across borders. Re-export driven investors will look highly upon this attribute. The government is intent on increasing the share of goods exported to the rest of the world, and is likely to improve this score even further. The legal protections may encourage investors to invest more capital.