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Jordan Economic Monitor, spring 2015: persisting forward despite challenges
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  • spring 2015


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Jordan’s economy continues to slowly but steadily recover from the Arab Spring spillovers. These spillovers include Egypt’s gas disruptions, the neighboring Syrian and Iraqi conflicts and associated security incidents. Notwithstanding these shocks, real GDP growth rate is estimated to have reached 3.1 percent in 2014, up 30 basis points over 2013. From the supply side, growth was led by construction, wholesale and retail trade, and finance and insurance, with a pick-up in the mining and quarrying sector. On the demand side, growth was predominantly fueled by higher public investments, mostly due to earmarked GCC grants, and a narrower trade deficit.

Jordan Economic Monitor, spring 2015: persisting forward despite challenges (PDF)