GDP in Jordan

Jordan GDP | Economic News & Forecasts

Jordan - GDP

The economy is gradually extracting itself from the quagmire of weak external demand, rising public debt and falling tourist revenues. In the January-to-May period, the number of tourists grew robustly, and recent data show that the economy expanded 2.2% in Q1, mainly on the back of expansions in the finance, agricultural and extractive sectors, accelerating slightly from Q4’s 2.0% growth. In the same period, public debt declined somewhat and exports expanded at a reasonable pace. On the downside, the unemployment rate increased, pushed up by the high amount of refugees from Syria. In June, the IMF released approximately USD 71 million following the first revision of the Extended Fund Facility program, and urged the country to cut expenditures and sales tax exemptions.

Jordan - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)2.6  2.7  2.8  3.1  2.4  

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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 %May 31
Stock Market4,111-0.22 %Jul 18

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