Jordan's gross domestic product expanded by 3.2 percent from a year earlier in the second quarter of 2021, quickening from a 0.3 percent rise in the previous three-month period. It was the fastest pace of economic growth since the last quarter of 2014, helped by a low base effect from the Covid-19 last year and amid the gradual recovery in economic activities. The construction sector recorded the highest growth rate (5.7%), followed by the mining sector (5.4%), transportation and storage and communications (4.3%), manufacturing (3.9%) and wholesale and retail trade, hotels and restaurants (3.8%). source: Central Bank of Jordan
GDP Annual Growth Rate in Jordan averaged 4.05 percent from 1993 until 2021, reaching an all time high of 10.60 percent in the first quarter of 2007 and a record low of -3.60 percent in the second quarter of 2020. This page provides - Jordan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jordan GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
GDP Annual Growth Rate in Jordan is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jordan GDP Annual Growth Rate is projected to trend around 2.80 percent in 2022, according to our econometric models.