|Jan 2015||77||Business Monitor International||ASDR-173371|
Our View: Amid regional instability, Jordan remains a key U.S. ally and we expect this defence
relationship to develop further over the course of 2015. As defence budgets tend to grow amidst increased
threat perceptions, for 2015, we forecast Jordan’s defence expenditure to grow at annual rate of 9.7% to
bring spending to USD2.8bn despite stagnation in the wider economy.
BMI determines an overall upward trend in the annual rate of growth in Jordan’s defence expenditure. We
think spending may be boosted by a substantial increase in U.S. military aid to Jordan currently under
discussion in the Congress. We note that in the short to medium term manpower as a percentage of the
overall population is decreasing, but that in the long term it is likely to experience an upward trend.
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