GDP in Jordan
Jordan - GDPJordan’s economy remains sluggish, with growth being dragged down by a confluence of factors. Economic challenges manifest themselves in the form of continued pressure on the government’s fiscal accounts, infrastructure and government services. In addition, Jordan’s trade deficit widened in the first half of the year, with regional conflict likely disrupting trade, and unemployment rose substantially in Q1. Although the fiscal deficit has continued to narrow this year, public debt remains elevated, which poses a risk to economic stability, and government finances are being stretched by the large influx of Syrian refugees. In order to relieve pressures on government finances and boost the economy, the government opened its first jobs center inside a refugee camp in August; it is also reforming work permits that would allow refugees to seek employment in the construction sector.
Jordan - GDP Data
|Economic Growth (GDP, annual variation in %)||2.7||2.8||3.1||2.4||2.0|
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 %||Jul 31|
|Stock Market||4,034||-0.29 %||Sep 20|
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