GDP in Jordan
Jordan - GDPThe Jordanian economy is expected to have lost steam last year, dragged down by the impact of the Syrian civil war and weaknesses in countries across the Gulf region. This is evidenced by a double-digit fall in exports to Arab states in 2016, which caused total exports to decrease by 8.9%, as well as by a decline in industrial production. A jump in visitor arrivals last year helped stabilize revenue in the tourism sector following a steep decline in revenues in 2015. Lastly, the government’s recent sales tax hike—in accordance with the requirements of the IMF—caused inflation to spike and a wave of street protests.
Jordan - GDP Data
|Economic Growth (GDP, annual variation in %)||2.6||2.7||2.8||3.1||2.4|
5 years of economic forecasts for more than 30 economic indicators.
Jordan GDP Chart
Source: Department of Statistics Jordan and FocusEconomics calculations.
|Exchange Rate||0.71||0.0 %||Feb 28|
|Stock Market||4,289||0.66 %||Mar 23|
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