Jordan GDP Annual Growth Rate

The Jordan's economy expanded 2.0 percent year-on-year in the first quarter of 2019, following a 1.8 percent growth in the previous period. Main positive contributions to growth came from transport, storage and communications sector, social & personal services finance, insurance & real estate’s and electricity & water sector. GDP Annual Growth Rate in Jordan averaged 4.39 percent from 1993 until 2019, reaching an all time high of 10.58 percent in the first quarter of 2007 and a record low of -1.11 percent in the first quarter of 1996.

GDP Annual Growth Rate in Jordan is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Jordan to stand at 2.20 in 12 months time. In the long-term, the Jordan GDP Annual Growth Rate is projected to trend around 2.60 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-10	10:00 AM	GDP Growth Rate YoY Q2	2.1%	1.9%	2.6%
2019-01-11	01:05 PM	GDP Growth Rate YoY Q3	2%	2.1%	2.7%
2019-04-08	09:35 AM	GDP Growth Rate YoY Q4	1.8%	2%	2.3%
2019-07-01	09:30 AM	GDP Growth Rate YoY Q1	2.0%	1.8%	2.0%
2019-09-30	09:30 AM	GDP Growth Rate YoY Q2		2.0%	2.1%
2019-12-31	10:30 AM	GDP Growth Rate YoY Q3			2.2%

Jordan GDP	Last	Previous	Highest	Lowest	Unit
GDP Annual Growth Rate	2.00	1.80	10.58	-1.11	percent	[+]
GDP	42.29	40.77	42.29	0.56	USD Billion	[+]
GDP Constant Prices	6842.00	7462.00	9380.00	1256.71	JOD Million	[+]
Gross National Product	29984.00	28903.00	29984.00	203.00	JOD Million	[+]
Gross Fixed Capital Formation	5266402218.05	6969937862.33	7614439494.95	1486142203.23	USD	[+]
GDP per capita	3236.90	3232.80	3764.80	1668.50	USD	[+]
GDP per capita PPP	8309.30	8298.50	9664.30	6068.50	USD	[+]
GDP From Agriculture	414.00	524.00	524.00	49.00	JOD Million	[+]
GDP From Construction	160.00	224.00	252.77	47.00	JOD Million	[+]
GDP From Manufacturing	1209.00	1446.00	1489.59	210.60	JOD Million	[+]
GDP From Mining	163.00	173.50	179.14	19.60	JOD Million	[+]
GDP From Public Administration	915.00	1108.00	1108.00	212.80	JOD Million	[+]
GDP From Services	1660.00	1631.00	1680.75	263.70	JOD Million	[+]
GDP From Transport	594.00	656.00	656.00	221.80	JOD Million	[+]
GDP From Utilities	187.00	281.00	294.19	30.10	JOD Million	[+]

The Jordanian economy is dominated by tourism, financial services, transportation, manufacturing and remittances from Jordanians working abroad. Jordan's lack of arable land and insufficient supplies of water means that agriculture is mostly a non-relevant sector and that the country invests heavily in water recycling. Jordan’s economy is highly influenced by the state, however, recently, the efforts have been undertaken to reduce barriers to do business. This page provides - Jordan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jordan GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.00	1.80	10.58	-1.11	1993 - 2019	percent	Quarterly

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Country	Last		Previous	Range
China	6.20	Jun/19	6.4	15.4 : 3.8	%
Indonesia	5.05	Jun/19	5.07	7.16 : 1.56	%
India	5.00	Jun/19	5.8	11.4 : -5.2	%
United States	2.30	Jun/19	2.7	13.4 : -3.9	%
Spain	2.10	Jun/19	2.1	5.4 : -4.3	%
Netherlands	2.00	Jun/19	1.7	6.1 : -4.6	%
South Korea	2.00	Jun/19	1.7	20.8 : -7.3	%
Saudi Arabia	1.70	Mar/19	3.6	24.2 : -20.7	%
Canada	1.60	Jun/19	1.4	9.3 : -4.1	%
Australia	1.40	Jun/19	1.7	9 : -3.4	%
France	1.40	Jun/19	1.3	12.6 : -3.8	%
Euro Area	1.20	Jun/19	1.3	5 : -5.5	%
United Kingdom	1.20	Jun/19	1.8	9.7 : -6.1	%
Brazil	1.00	Jun/19	0.5	10.1 : -5.5	%
Japan	1.00	Jun/19	1	9.4 : -8.8	%
Russia	0.90	Jun/19	0.5	12.1 : -11.2	%
South Africa	0.90	Jun/19	0	7.1 : -2.6	%
Argentina	0.60	Jun/19	-5.8	16.2 : -16.3	%
Germany	0.40	Jun/19	0.9	7.2 : -6.9	%
Switzerland	0.20	Jun/19	1	5.8 : -3.7	%
Singapore	0.10	Jun/19	1.1	18.6 : -7.7	%
Italy	-0.10	Jun/19	-0.1	10.3 : -7.2	%
Mexico	-0.80	Jun/19	1.2	9 : -9.1	%
Turkey	-1.50	Jun/19	-2.4	11.7 : -14.4	%