Jordan — Sovereign Signal
BT-SFS 53.5/100 · BB− · 156bps over Treasuries
Score and market snapshot
Jordan trades 18bps wide of its fundamentals fit (fitted spread 138bps).
| Field | Value |
|---|---|
| BT-SFS | 53.5 / 100 |
| Rank | 18 of 51 |
| Composite rating | BB− |
| Agency ratings | Moody's Ba3 · S&P BB- · Fitch BB- |
| Benchmark USD bond | JORDAN 5.85 30 |
| Spread over Treasuries | 156bps |
| Yield to worst (S.A.) | 6.46% |
| Duration | 3.3y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 34.2 |
| External | 46.5 |
| Macro | 62.9 |
| Institutions | 75.8 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 7.8 mo | 46.5 | World Bank | 2024 |
| General government debt / GDP | Fiscal | 81.8% | 2.0 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 32.5% | 45.1 | IMF staff report / Eurostat | 2025–2026 |
| Net interest / revenue | Fiscal | 20.1% | 40.9 | IMF | 2026 |
| Primary balance / GDP | Fiscal | 0.2% | 59.4 | IMF | 2026 |
| Governance (WGI GE + RQ) | Institutions | 57.9 | 60.6 | WGI | 2025 |
| Inflation track record | Institutions | 2.8% | 98.5 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | 2.8% | 39.9 | IMF | 2025–2027 |
| GDP per capita, USD | Macro | $5,601 | 49.1 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 1.3pp | 96.8 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Jordan moves from 54.0 in 2016 to 53.5 in 2026 (-0.5 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Jordan's sovereign credit score?
Jordan scores 53.5/100 on the BT Sovereign Fundamentals Score, ranking 18 of 51 sovereigns covered. The score is built from ten public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Jordan USD bond does BondTerminal track?
JORDAN 5.85 30 (ISIN XS2199272662), the near-5-year USD benchmark, currently 156bps over Treasuries with a 6.46% yield to worst (S.A.).
Is Jordan trading wide or tight of its fundamentals?
Jordan trades 18bps wide of its fundamentals fit (fitted spread 138bps).