Tourism Sector Profile
Tourism Sector Profile
Tourism Sector Profile
Tourism
Overview of the Tourism Sector in Jordan
Jordan’s fast-growing tourism sector involves many promising niches and high-potential investment
opportunities. Travel and Tourism continues to be a vitally important pillar of Jordan’s economy.
Jordan features some of the world’s most unique and iconic assets such as; Petra - one of the seven
world wonders, the Dead Sea - the lowest point on earth, the Baptism site, and Wadi Rum desert,
turning the country into a rich destination with a wide range of tourist attractions.
A total of approximately 3.8 million tourists visited Jordan in 2017, culminating US$4,064.9 million in international inbound
receipts.1 Employing 71,882 people, Travel and tourism account for 4.5% of the Kingdom’s labor force. Jordan has a well-
developed tourism infrastructure with a plethora of luxury hotels and resorts, advanced transport infrastructure, a wide range of
activities and cultural events, spas and wellness centers, and numerous tour operators and Destination Management
Companies (DMCs). Jordan has an established leisure and tourism cluster of more than 2,200 establishments2 including hotels,
restaurants, resorts, and entertainment facilities, generating about 19,298 jobs in the accommodation sub-sector3.
60
40
20
0
Saudi Arabia Egypt Jordan Tunisia Lebanon
Global Rank
(out of 136 countries
World Economic Forum, 2017, “Travel & Tourism Competitiveness Index 2017”
Investment Opportunities
1
World Economic Forum, Travel and Tourism Competitiveness Report, 2017
2
Ministry of Tourism and Antiquities, 2015
3
Ministry of Tourism and Antiquities, 2017
4
Jordan Investment Commission Investment Guide, 2018
5
Medical Tourism Index, 2017
6
The Investor Jordan, 2016
Cyprus 17.6%
Jordan 12.9%
Lebanon 9.9%
Saudi Arabia 4.8%
Tunisia 2.0%
Egypt 1.9%
Turkey 0.9%
Percentage
(of a country's total tertiairy enrollment)
Source: World Intellectual Property Organization, 2018, “The Global Innovation Index 2018”
Why Jordan? The Kingdom of Jordan is a stable, business-friendly, modern, and prepared location for your next engineering,
manufacturing, information technology, or life sciences activities in the Middle East and North Africa (MENA) region.
This dynamic nation provides a sound environment from which companies can find key talent, business assistance, and
a willing Government partner who will help enable their growth into the MENA region and beyond.
7
World Intellectual Property Organization, 2018, “The Global Innovation Index 2018”
8
Jordan Tourism Board Return to Growth Strategy 2017-2019, 2016
Development Zones
Regional Logistics & Access to Regional & 12 across Jordan
(Re)construction Hub International Markets
A strategic location together with safety and stability, an Jordan’s comprehensive network of free trade and Connectivity
unparalleled connectivity, and competitive logistics bilateral investment agreements features privileged 12 seaports and airports
platform make Jordan the right place for regional access to over 1.5 billion consumers in the largest
logistics and (re)construction. markets around the world. Economic Freedom
th
4 across MENA region (2018)
Center for Venture Capital &
Population
Innovation 9.7 million (2017)
The combination of an abundance of venture capital,
innovative pool of tech-talent, and a sound financial Total GDP
sector turn Jordan into an innovative ecosystem ready US$40.07 billion (2017)
for investors and start-ups.
Annual GDP Growth
2.0% (2017)
Exports
US$14.26 billion (2017)
Imports
US$22.85 billion (2017)
The tourism sector in Jordan is forecasted to grow significantly. This increase in demand will reveal a host of lucrative
investment opportunities.
61
36 38
9 50
World Tourism Council, Travel & Tourism Economic Impact 2018
10
World 0Economic Forum Travel & Tourism Competitiveness Index, 2017
11
World Economic Forum
Cyrpus Travel & Saudi
Jordan Tourism Competitiveness
Tunisia MexicoIndex, 2017 Lebanon
Turkey Egypt
Arabia
Global Rank
7| (out of 136 countries) JORDAN INVESTMENT COMMISSION © 2018
Source: World Economic Forum, 2017, “Travel & Tourism Competitiveness Report 2017”
13
World Economic Forum Travel & Tourism Competitiveness Index, 2017
14
The Investor Jordan, 2016