A report issued by the Jordan Strategy Forum showed that Jordan ranked third in the Arab world in the Globalization Index 2020, while the United Arab Emirates topped the list of Arab countries, with a score of 75.5/100, followed by Qatar with a score of 75.3/100. According to the index, Switzerland, the Netherlands, and Belgium ranked first in the world; Jordan ranked 45th globally (out of 196 countries), with a score of 73.4/100.
According to the index, the Jordanian economy is considered one of the most open economies to the outside world, and therefore any fluctuations or economic shocks faced by countries "related or influential" to the Jordanian economy will be reflected in the dynamics of the local economy and on the level of supply and demand in the local market. This is due to Jordan's geopolitical position in the region that requires it to deal with many external factors, whether negative or positive.
The global globalization index 2020 consists of 3 main axes, within which are located a set of sub-indicators, which are each of the economic axis, which includes the share of foreign trade in GDP, foreign direct investment, securities investments, in addition to international debt, and the obstacles facing foreign trade operations. The second axis is the social axis, which includes the volume of calls with the outside world, the volume of the influx of foreign tourists, and the percentage of foreigners in the total population. It also includes data on the flow of information and access to the Internet, freedom of the press, the number of international students and immigration rates. As for the third axis, which is the political axis, it includes sub-indicators related to the number of embassies in the country, membership in international organizations, and participation in the tasks of the Security Council, including peacekeeping operations.
Source (Al-Dustour Jordanian Newspaper, Edited)
