TOOL · GROSS COST

How much would a basic income cost in Jordan?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 7,867,178child population 3,572,035year 2023World Bank WDI

GROSS ANNUAL COST

92,671 million

in JODJOD 92,670,676,800

Equal to 232.6% of reference GDP

Population covered: 11,439,213 people

Adults: 7,867,178 × JOD 800 × 12 = JOD 75,524,908,800

Children: 3,572,035 × JOD 400 × 12 = JOD 17,145,768,000

JOD 75,524,908,800 + JOD 17,145,768,000 = JOD 92,670,676,800

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $56,123,472,113 · World Bank WDI

Currency JOD · exchange rate 0.7100 JOD/USD (2023)

Converted cost $130,522,080,000 for the GDP share.