GDP in Jordan

Jordan GDP | Economic News & Forecasts

Jordan - GDP

The economy likely turned a corner in the first quarter of this year after the subdued economic performance of 2016. In January exports grew strongly, mainly on the back of higher demand from NAFTA countries and India, and in the first two months of the year tourist revenues jumped more than 16%. Both exports and tourism had been hit in H2 2016 by the impact of the conflicts in Syria and Iraq. Regional instability also depressed business and consumer confidence last year, restraining private consumption and reducing investment inflows from other Gulf countries. At the same time, the unemployment rate soared as the labor market could not absorb the increased supply resulting from the large influx of refugees.

Jordan - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)5.5  2.3  2.6  2.7  2.8  

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Jordan GDP Chart

Jordan GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: Department of Statistics Jordan and FocusEconomics calculations.

Jordan Facts

Exchange Rate0.710.0 %Mar 31
Stock Market4,2790.39 %Apr 06

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