GDP in Jordan
Jordan - GDPThe economy appears to have finally turned a corner in the first quarter. In March, industrial output increased for the second consecutive month and at the fastest pace since November 2017, thanks to greater manufacturing and electricity output, and despite falling quarrying production. Moreover, the merchandise trade deficit narrowed noticeably in Q1 in annual terms, as exports rose on the back of increased clothing shipments, while imports decreased on a fall in oil purchases. Meanwhile, on 9 May, Prime Minister Razzaz reshuffled his cabinet in an attempt to strengthen his mandate to accelerate economic reforms. Three days prior, the IMF stressed that it was “critical” Jordan pursues reforms to reduce both the fiscal deficit and costs of doing business.
Jordan - GDP Data
|Economic Growth (GDP, annual variation in %)||2.8||3.1||2.4||2.0||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 %||Jan 31|
|Stock Market||3,576||0.08 %||Jun 20|
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