GDP in Jordan

Jordan GDP | Economic News & Forecasts

Jordan - GDP

The recovery seemingly firmed in the second quarter: Industrial production bounced back and expanded 52% in annual terms—the strongest rate since at least Q1 2003—likely supported by the easing of restrictions. Momentum seemingly carried over into Q3, as industrial output continued to grow robustly year-on-year in July, although the pace of expansion softened due to a less favorable base effect. Additionally, thanks to plunging daily infection rates and an accelerating vaccination drive, authorities rolled out phases two and three of the economic reopening plan on 1 July and 1 September, respectively, likely further supporting activity in the quarter. In other news, on 29 September the government announced it was fully reopening the main border crossing to Syria, in a bid to boost trade to the levels seen before the pandemic and the Syrian civil war.

Jordan - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)2.6  2.1  2.1  1.9  2.0  

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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

Value Change Date
Exchange Rate0.710.0 %Nov 30

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