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Why Jordan's Economy Is Struggling
(National Interest) Daniel Levin - Despite billions of dollars in foreign aid, Jordan still struggles with an economic crisis fueled by a national debt of nearly $40 billion, an 18.5% unemployment rate, a debt-to-GDP ratio of 95%, and an average per capita income of $5,213. Jordan's financial woes are coupled with its absorption of millions of refugees from neighboring war-torn countries, which have cost the kingdom $6.6 billion from 2011 to 2016.