The value of foreign direct investments flowing into the Jordanian market increased by 1.9 percent during the past 2020 year, compared to 2019, despite the restrictions imposed by the Coronavirus pandemic, and the decline in the volume of investments globally.
According to figures issued by the Central Bank of Jordan, the value of inbound foreign direct investments amounted to 496.7 million dinars (700.3 million dollars). While the value of foreign direct investment amounted to 487.3 million dinars (687 million dollars) in 2019.
The data of the Central Bank of Jordan did not show the sectors in which the foreign direct investment coming to the Kingdom were distributed.
The foreign investment, achieved the highest amount in 2008, reaching the level of two billion dinars (2.82 billion dollars), but it retreated with the repercussions of the global financial crisis. Noting that foreign investment constitutes one of the important data included in the current account of the balance of payments in foreign exchange, along with tourism, the trade balance and remittances of expatriates.
Source (Anadolu Agency, Edited)
