Jordan Economy Expands 2.7% in Q1

Jordan’s economy advanced 2.8% year-on-year in the third quarter of 2025, the same pace as in the previous quarter, preliminary data showed. Still, the latest reading marked the strongest GDP expansion since Q3 2023, highlighting economic stability despite pressures linked to the war in Gaza and the Israeli-Iranian conflict. GDP growth was mainly driven by increases in mining and quarrying (7.4%), agriculture, forestry, and fishing (6.3%), manufacturing (5.1%), electricity supply (4.6%), and transport and storage (4.0%). In terms of contributions to overall growth, manufacturing recorded the largest contribution at 0.89 percentage points. The Department of Statistics noted that it has updated its measurement methodologies and now publishes growth figures based on the International Standard Industrial Classification of All Economic Activities (ISIC), which categorises economic activity into 20 sectors, compared with 14 sectors under the previous ISIC.

Jordan’s economy expanded by 2.8% year-on-year in the second quarter of 2025, accelerating from 2.7% growth in the previous quarter. This marked the strongest GDP expansion since Q3 2023, supported by a mix of monetary, fiscal, and structural measures that maintained economic stability despite pressures linked to the war between Iran and Israel. GDP growth was mainly driven by rises in the agricultural sector (8.6%), followed by manufacturing (5%), electricity and water (4.9%), and social and personal services (4%). From a value-added perspective, financial services, insurance, and real estate remained the largest GDP contributors at 18.3%, marginally outpacing manufacturing at 18.2%. Government services accounted for 12.6%, while wholesale and retail trade, hotels, and restaurants made up 9.5%, and transport, storage, and telecommunications contributed 9%.

Jordan’s economy expanded by 2.7% year-on-year in the first quarter of 2025, matching the same pace in the previous three month period. The figure remained at its strongest expansion since the third quarter of 2023, despite persistent regional instability and its global and domestic economic repercussions. Sectoral data for Q1 shows manufacturing led growth with a 5.1% rise, contributing 0.88 percentage points to GDP. Agriculture expanded 8.1%, adding 0.45 points, while electricity and water grew 5.8%, and social and personal services rose 3.4%. Finance, insurance, and real estate also remained key supports for overall economic expansion. The sustained GDP growth aligns with the goals of Jordan’s Economic Modernization Vision, which targets gradual but steady increases in national output.