The Gross Domestic Product (GDP) in Jordan expanded 2.60 percent in the fourth quarter of 2021 over the same quarter of the previous year. It was the fourth consecutive quarter of economic expansion, supported primarily by the construction sector (+6.1 percent), followed by the quarrying sector (+5.6 percent); transport, storage & communications sector (+3.9 percent ) and the wholesale, retail trade, restaurants & hotels Sector (+3.5 percent). Considering the whole 2021, the economy grew 2.2 percent compared to last year. source: Central Bank of Jordan
GDP Annual Growth Rate in Jordan averaged 4.03 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 June of 2022.
GDP Annual Growth Rate in Jordan is expected to be 1.10 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 2023, according to our econometric models.