Jordan's GDP Growth is 2.9 percent

  • Amman, Hashemite Kingdom of Jordan
  • 30 September 2022
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The Jordanian Minister of Planning and International Cooperation, Nasser Al-Shraideh, revealed that the data of the preliminary results of the Department of General Statistics on the quarterly estimates of GDP at constant market prices for the second quarter of 2022 showed a growth of 2.9 percent, compared to the second quarter of 2021.

According to the department's preliminary estimates, the GDP growth came as a result of the economic sectors achieving growth during the second quarter of 2022 on an annual basis.

The extractive industries sector achieved the highest growth rate during this period, at 7.4 percent, contributing 0.19 percentage points to the achieved growth rate. The construction sector was followed by 4.9 percent, contributing 0.14 percentage points, then the transportation, storage and communications sector, with 4.5 percent, contributing 0.38 percentage points. The wholesale and retail trade, hotels and restaurants sector grew by 3.9 percent, and contributed 0.35 percentage points to the achieved growth rate.

Source (Al-Araby Al-Jadeed Newspaper, Edited)