Social Security Investment Fund: Investments Account for 43% of Jordan’s GDP

The Social Security Investment Fund’s assets reached approximately JD 18.6 billion by the end of 2025 — the equivalent of about 43% of Jordan’s Gross Domestic Product (GDP) — the fund’s chairman, Dr. Ezzedine Kanakrieh, told the Jordan News Agency (Petra). The fund reported asset growth of about JD 2.4 billion in 2025, a 15.2% increase over 2024, driven by cumulative investment profits of JD 10.8 billion and JD 6.2 billion in cash surpluses transferred from the Social Security Corporation since the fund’s establishment.

"The fund continues to strengthen its position as one of the most prominent institutional investors in the national economy," Kanakrieh said. "Assets are equivalent to about 43% of Jordan’s Gross Domestic Product (GDP)," he added, stressing the fund’s nationwide distribution of investments across most economic sectors and governorates.

Investment performance and portfolio mix

Kanakrieh said the fund manages investments with a long-term, diversified approach that balances risk management and technical financial analysis. "This ensures the achievement of viable returns within acceptable risk levels," he noted. In 2025 the fund achieved net realized investment returns of about JD 1.1 billion, while total comprehensive income rose to approximately JD 2.2 billion — up from around JD 1 billion in 2024, representing growth of about 118.5%.

• Main portfolio composition (approximate shares): Bonds 55.6%, Equities 19.9%, Money market instruments 12.1%, Real estate 6.2%, Loans 3%, Tourism investments 1.7%.
• Returns by portfolio in 2025: Bonds JD 616.4 million (54.7%), Equities JD 267.7 million (23.8%), Money market JD 138.3 million (12.3%), Real estate JD 67.7 million (6%), Loans JD 31.6 million (2.8%).
• The fund’s investments in public shareholding companies listed on the Amman Stock Exchange reached JD 3.4 billion, representing about 13% of the exchange’s total market value.
• Cash dividends from listed companies’ 2024 results yielded about JD 191 million for the fund in 2025 — the highest in its history.

Economic footprint and sectoral reach

Kanakrieh highlighted the fund’s role as a major employer and economic actor: companies and projects owned or invested in by the fund provide more than 100,000 direct jobs plus tens of thousands of indirect jobs across industry, services, transportation and supply chains. The fund’s sectoral investments span banking, mining, conventional and renewable energy, tourism, agriculture, real estate development and development zones.

• The fund also finances major national projects through financial leasing, notably in health, transport and logistics.
• Planned strategic involvements include the National Water Carrier Project, the Risha Gas Pipeline and a phosphoric acid factory in partnership with mining companies.

Outlook

Looking ahead, Kanakrieh said the fund is updating its strategic plan and reassessing asset allocation to respond to market developments and focus on investments with direct economic impact. He named education, financial technology (FinTech), and real estate development among sectors under study, and reaffirmed the fund’s objective of strengthening infrastructure and achieving sustainable long-term returns while supporting the sustainability of the pension system for current and future generations.