Morocco vs Jordan
Two sovereigns, nine shared metrics, one spread gap.
Head to head
| Morocco | Jordan | |
|---|---|---|
| BT-SFS score | 52.2 | 56.5 |
| Composite rating | BB+ | BB− |
| Fiscal pillar | 48.3 | 38.2 |
| External pillar | 42.9 | 55.1 |
| Macro pillar | 75.0 | 60.0 |
| Institutions pillar | 47.9 | 77.1 |
| Benchmark bond | MOROC 6.5 33 | JORDAN 5.85 30 |
| Spread over Treasuries | 126 bps | 136 bps |
| Yield to worst | 5.41% | 5.51% |
| Duration | 5.7y | 3.5y |
Metric by metric
| Metric | Morocco | Jordan |
|---|---|---|
| Current account / GDP | -3.1% (29.2) | -6.2% (7.3) |
| International reserves, months of imports | 5.3 mo (53.3) | 7.8 mo (91.1) |
| General government debt / GDP | 65.8% (40.6) | 81.8% (25.0) |
| Interest expense / revenue | 8.1% (68.8) | 20.1% (27.1) |
| Primary balance / GDP | -1.3% (33.3) | 0.2% (66.7) |
| WGI institutional composite | -0.24 (47.9) | 0.22 (77.1) |
| Real GDP growth | 4.9% (91.7) | 2.7% (37.5) |
| GDP per capita, USD | $5,107 (25.0) | $5,601 (29.2) |
| Inflation stress | 1.3% (100.0) | 2.3% (100.0) |
Frequently asked questions
Who has stronger fundamentals, Morocco or Jordan?
Jordan scores higher on the BT Sovereign Fundamentals Score: 52.2 (Morocco) vs 56.5 (Jordan), a gap of 4.3 points.
Whose USD bonds trade wider, Morocco or Jordan?
Jordan trades wider: 126 bps (Morocco) vs 136 bps (Jordan) over US Treasuries — a 10 bps gap on near-5-year USD benchmarks.
Related
- Morocco — full Morocco profile: pillars, metrics, history.
- Jordan — full Jordan profile: pillars, metrics, history.
- All sovereigns ranked on the Sovereign Signal hub.
- BT-SFS methodology paper — how the scores are built.