Jordan is labeled the "weak link" in the region, especially after the fall of the Assad regime.
In addition to the complex political situation in Jordan, it suffers from economic weakness that increases internal frustration and raises questions about the stability of the monarchy.
Jordan's economy has never been one of the strongest in the region. It lacks resources and is dependent on foreign aid and regional stability. Since October 7, the economy has suffered a severe blow. The most worrying figure of all is the unemployment rate of about 22%, with the figure reaching 46% among young people.
This is a ticking "time bomb" that is exacerbated by the loss of tourism, the damage to the movement of goods and the decline in investment. Tourism, which constitutes 15% of the Jordanian economy and supports entire regions, mainly in the Petra region, recorded a 7% decrease in the number of tourists during the first eight months of the year. The decline in the number of tourists in Europe is more dramatic – 27%. No tourists, no employment.
The troubled relations with Israel since October 7th are weighing on the Jordanian economy, which is suffering from a severe water shortage. An example of this is the cancellation of the project to supply desalinated water from Israel to Jordan in exchange for solar energy.
Will the economic distress in Jordan ultimately lead to a shake-up of the royal throne?