GDP in Jordan
Jordan - GDPThe 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
|Economic Growth (GDP, annual variation in %)||5.5||2.3||2.6||2.7||2.8|
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 %||Mar 31|
|Stock Market||4,279||0.39 %||Apr 06|
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