Jordan's economy expanded 1.8 percent year-on-year in the fourth quarter of 2018, compared to a 2 percent expansion in the prior period. It was the weakest growth rate since the last quarter of 2017, as output rose less for: manufacturing (1.2 percent from 1.9 percent in Q3); utilities (1.8 percent from 2.4 percent); restaurants & hotels (0.7 percent from 0.9 percent); wholesale and retail trade (1.3 percent from 1.4 percent); and real estate (2.4 percent from 2.5 percent). In addition, mining & quarrying fell 3.1 percent (from 2.1 percent in Q3) and construction activity shrank 0.3 percent (vs -0.4 percent in Q3). In contrast, output increased further for transport, storage & communications (3.6 percent from 2.8 percent); finance & insurance services (3.1 percent from 3.0 percent); and for agriculture, hunting, forestry & fishing (3.1 percent from 2.9 percent). Considering 2018 as a whole, the economy grew 1.9 percent, slower than 2.1 percent in 2017. GDP Annual Growth Rate in Jordan averaged 4.42 percent from 1993 until 2018, 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 2.30 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 2.30 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.

Jordan GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-06 09:55 AM GDP Growth Rate YoY 1.9% 1.8% 2.4%
2018-10-10 10:00 AM GDP Growth Rate YoY 2.1% 1.9% 2.6%
2019-01-11 01:05 PM GDP Growth Rate YoY 2% 2.1% 2.7%
2019-04-08 09:35 AM GDP Growth Rate YoY 1.8% 2% 2.3%
2019-06-28 09:30 AM GDP Growth Rate YoY 1.8% 2.3%
2019-09-30 09:30 AM GDP Growth Rate YoY 2.3%
2019-12-31 10:30 AM GDP Growth Rate YoY 2.1%


Jordan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 1.80 2.00 10.58 -1.11 percent [+]
GDP 40.07 38.65 40.07 0.56 USD Billion [+]
GDP Constant Prices 7462.00 7634.90 9380.00 1256.71 JOD Million [+]
Gross National Product 29984.00 28903.00 29984.00 203.00 JOD Million [+]
Gross Fixed Capital Formation 5063244705.00 5449121017.00 5903038059.00 351730565.80 JOD [+]
GDP per capita 3238.30 3258.50 3786.50 1663.00 USD [+]
GDP per capita PPP 8337.49 8389.60 9749.10 6069.10 USD [+]
GDP From Agriculture 524.00 351.31 524.00 49.00 JOD Million [+]
GDP From Construction 224.00 251.65 252.77 47.00 JOD Million [+]
GDP From Manufacturing 1446.00 1489.59 1489.59 210.60 JOD Million [+]
GDP From Mining 173.00 136.34 179.14 19.60 JOD Million [+]
GDP From Public Administration 1108.00 903.66 1108.00 212.80 JOD Million [+]
GDP From Services 1631.00 1680.75 1680.75 263.70 JOD Million [+]
GDP From Transport 656.00 631.30 656.00 221.80 JOD Million [+]
GDP From Utilities 281.00 294.19 294.19 30.10 JOD Million [+]


Jordan GDP Annual Growth Rate

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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 2.00 10.58 -1.11 1993 - 2018 percent Quarterly




Country Last Previous
India 6.60 Dec/18
China 6.40 Mar/19
Indonesia 5.18 Dec/18
Saudi Arabia 3.60 Dec/18
South Korea 3.10 Dec/18
United States 3.00 Dec/18
Russia 2.70 Dec/18
Australia 2.30 Dec/18
Spain 2.30 Dec/18
Netherlands 2.20 Dec/18
Mexico 1.70 Dec/18
Canada 1.60 Dec/18
Switzerland 1.40 Dec/18
United Kingdom 1.40 Dec/18
Singapore 1.30 Mar/19
Brazil 1.10 Dec/18
Euro Area 1.10 Dec/18
South Africa 1.10 Dec/18
France 1.00 Dec/18
Germany 0.60 Dec/18
Japan 0.30 Dec/18
Italy 0.00 Dec/18
Turkey -3.00 Dec/18
Argentina -6.20 Dec/18


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