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.

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Jordan GDP Annual Growth Rate



Calendar GMT Actual Previous Consensus TEForecast
2021-12-31 09:00 AM Q3 2.7% 3.2% 3%
2022-04-04 10:00 AM Q4 2.6% 2.7% 3.3%
2022-07-19 10:15 AM Q1 2.6%


Related Last Previous Unit Reference
GDP Annual Growth Rate 2.60 2.70 percent Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.70 10.60 -3.60 1993 - 2021 percent Quarterly

News Stream
Jordan Economy Expands for the 4th Straight Quarter
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.
2022-04-04
Jordan Economy Continues to Expand
Jordan’s gross domestic product advanced by 2.7 percent year-on-year in the third quarter of 2021, following a 3.2 percent growth in the prior period. It was the third consecutive quarter of economic expansion, mainly driven by mining & quarrying (9.7 percent vs 5.4 percent in Q2); restaurants and hotels (5.1 percent vs 6.3 percent in Q2) and finance and insurance services (4.2 percent vs 4.1 percent). Positive contributions also came from construction (3.9 percent vs 5.7 percent); transport, storage and communications (3.5 percent vs 4.3 percent); manufacturing (3.2 percent vs 3.9 percent); and wholesale and retail trade (2.3 percent vs 3.3 percent).
2021-12-31
Jordan Economy Grows the Most since 2014
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%).
2021-10-11