GDP in Jordan
Jordan - GDPThe economy seems to be have turned a corner in Q4 after bottoming out in the previous quarter, according to recently released data. GDP grew 2.0% in the final quarter of 2016, up from 1.8% in Q3, thanks to expansions in the financial, manufacturing and transport sectors. However, growth for the year as a whole was still the slowest in many years, dragged lower by the impact of conflict in Syria and Iraq. The recovery seems to have extended into this year, as in January exports grew strongly and the fiscal surplus widened in annual terms, thanks to higher tax revenues and public spending containment. In an attempt to boost growth, in mid-April the government approved a package of measures to streamline judicial procedures and better enforce court rulings so as to improve the business environment.
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 %||Apr 30|
|Stock Market||4,112||-0.52 %||May 24|
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