The Jordanian economy grew by 2% in the first quarter of 2019, compared to 1.9% in the first quarter of 2018, according to a report issued by the Department of Statistics (DoS).
Estimates showed that most sectors achieved positive growth during the first quarter of 2019 compared to the first quarter of 2018. Transportation, storage and communications achieved the highest growth rate during this period, at 3.7%, followed by agriculture with 3.6%, social and personal services 3.4 percent, then the financial, insurance, real estate at 3 percent, electricity and water 1.7 percent.
As for sectoral contributions in the 2% growth achieved during the first quarter of 2019, the financial sector, insurance and real estate contributed with 0.71 percentage points, while the transport, storage and communications sector contributed with 0.31 percentage points of the total growth rate achieved. The transformative industries sector contributed with 0.23 percentage points, and the social and personal services and agriculture sectors contributed 0.22 percentage points each to the total growth rate achieved.
Source: (Al-Araby Al-Jadeed Newspaper, Edited)
