Preliminary balance of payments data issued by the Central Bank showed an increase in foreign direct investment flows during the third quarter of 2024, reaching about $ 458 million. According to the data, these flows as a percentage of GDP stabilized at 3.2 percent, reflecting the continued attractiveness of the Jordanian economy to foreign investments, despite the instability in the region.
Foreign direct investment inflows amounted to $ 1.3 billion, or 3.3 percent of GDP, during the first three quarters of 2024, compared to $ 1.6 billion in an annual comparison, and despite this decline, the volume of inflows exceeded what was recorded during the full years 2021 and 2022. Arab countries accounted for 49.1 percent of total flows, led by the Gulf countries, which contributed about 31.7 percent of total investments, while the European Union countries accounted for 11.5 percent.
Source (Al-Arab Newspaper of London, Edited)
