Jordan | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 15.80 14.5 14.6 14.7 14.3 12.5 percent [+]
Inflation Rate 2.50 0.5 0.9 1.5 2.6 3.3 percent [+]
Interest Rate 3.75 3.75 3.75 3.5 3.5 3 percent [+]
Balance of Trade -721456.00 -715364 -712363 -711848 -711773 -711760 JOD Thousands [+]
Government Debt to GDP 93.40 92.1 92.1 92.1 92.1 89 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 0.71 0.72 0.73 0.74 0.75 0.85 [+]
Stock Market 2198.25 2130 2110 2090 2060 1740 points [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 1.80 2.5 2.7 2.8 2.7 4.5 percent [+]
GDP 37.52 38.37 38.65 38.93 39.21 45.52 USD Billion [+]
GDP Constant Prices 2427.20 2301 2306 2373 2357 2344 JOD Million [+]
Gross National Product 26289.60 27386 27854 28323 28792 37422 JOD Million [+]
Gross Fixed Capital Formation 6509437071.51 5813340358 6219024837 6624709316 7030393795 8062806287 USD [+]
GDP per capita 3976.04 3995 3994 3992 3991 4080 USD [+]
GDP per capita PPP 10239.66 10360 10368 10376 10383 11073 USD [+]
GDP From Agriculture 89.13 91.77 91.77 91.77 91.77 91.77 JOD Million [+]
GDP From Construction 157.35 105 132 157 142 138 JOD Million [+]
GDP From Manufacturing 517.39 484 483 482 482 482 JOD Million [+]
GDP From Mining 39.67 38.92 40.3 40.21 41.05 40.47 JOD Million [+]
GDP From Public Administration 311.96 312 338 312 338 338 JOD Million [+]
GDP From Services 618.23 611 615 633 620 634 JOD Million [+]
GDP From Transport 433.67 414 440 443 451 463 JOD Million [+]
GDP From Utilities 83.14 69.38 69.28 69.27 69.27 69.27 JOD Million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 15.80 14.5 14.6 14.7 14.3 12.5 percent [+]
Population 9.53 6.72 6.76 6.8 6.83 7.32 Million [+]
Employment Rate 30.00 30.58 31.07 30.54 31.1 31.09 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 2.50 0.5 0.9 1.5 2.6 3.3 percent [+]
Consumer Price Index CPI 118.20 119 119 120 121 128 Index Points [+]
Producer Prices 108.90 109 109 110 110 109 Index Points [+]
Export Prices 221.80 223 222 222 222 222 Index Points [+]
Import Prices 385.50 381 379 380 379 380 Index Points [+]
Producer Prices Change -4.30 -5.3 -4.36 -3.95 -3.76 -3.62 percent [+]
Inflation Rate Mom 1.00 0.37 0.33 0.3 0.3 0.29 percent [+]
Food Inflation -1.40 -1.35 -1.47 -1.46 -1.46 -1.46 percent [+]
Core Consumer Prices 124.00 124 124 124 124 124 Index Points [+]
Core Inflation Rate 2.80 2.42 1.8 2 2.26 2.15 percent [+]
Cpi Transportation 118.50 121 122 122 122 122 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 3.75 3.75 3.75 3.5 3.5 3 percent [+]
Money Supply M1 10386.90 10514 10645 10774 10902 12376 JOD Million [+]
Money Supply M2 32876.20 33285 33691 34094 34496 39173 JOD Million [+]
Foreign Exchange Reserves 11646.50 11580 11512 11506 11504 11504 JOD Million [+]
Loans to Private Sector 21288.50 21617 21839 21993 22097 22316 JOD Million [+]
Deposit Interest Rate 3.50 3.77 3.35 2.94 2.52 3.2 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -721456.00 -715364 -712363 -711848 -711773 -711760 JOD Thousands [+]
Exports 432276.00 436679 437411 437418 437468 437688 JOD Thousands [+]
Imports 1153732.00 1159822 1160111 1160064 1160047 1160043 JOD Thousands [+]
Current Account -284.70 -484 -580 -588 -580 -555 JOD Million [+]
Current Account to GDP -9.00 -7.75 -8.16 -8.56 -8.97 -9.67 percent [+]
External Debt 9390.50 8925 9504 10084 10663 10486 JOD Million [+]
Terms of Trade 57.50 58.3 58.49 58.42 58.43 58.42 Index Points [+]
Capital Flows 223.00 671 395 463 616 505 JOD Million [+]
Remittances 621.10 532 597 606 545 539 JOD Million [+]
Tourist Arrivals 521.90 576 555 538 546 546 Thousand [+]
Gold Reserves 33.90 30.17 30.89 30.37 30.1 32.04 Tonnes [+]
Foreign Direct Investment 200.50 168 170 181 182 187 JOD Million [+]
Terrorism Index 2.86 2.14 2.27 2.41 2.54 2.26 [+]
Weapons Sales 18.00 36.38 6.7 -22.97 -16.94 -6.87 USD Million [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 93.40 92.1 92.1 92.1 92.1 89 percent [+]
Government Budget -3.50 -3.4 -3.4 -4.24 -3.4 -3.7 percent of GDP [+]
Government Spending 674.60 646 645 646 646 646 JOD Million [+]
Government Revenues 542.90 568 566 566 566 566 JOD Million [+]
Fiscal Expenditure 674.60 646 645 646 646 646 JOD Million [+]
Military Expenditure 1613.30 1633 1673 1713 1726 1713 USD Million [+]
Government Budget Value -131.70 140 140 -81.94 -120 -214 JOD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production -0.20 0.54 1.04 1.3 1.42 1.53 percent [+]
Changes in Inventories 193.70 248 230 212 193 158 JOD Million [+]
Manufacturing Production 0.40 0.39 0.56 0.66 0.7 0.74 percent [+]
Mining Production -8.50 -0.8 2.27 3.31 3.66 3.83 percent [+]
Industrial Production Mom 0.40 1.4 0.68 0.4 0.36 0.37 percent [+]
Competitiveness Index 4.29 4.21 4.21 4.19 4.19 4.12 Points [+]
Competitiveness Rank 63.00 62.37 62.37 62.37 62.37 56.31 [+]
Ease of Doing Business 118.00 115 115 116 116 116 [+]
Corruption Index 48.00 50 48 47 46 48 Points [+]
Corruption Rank 57.00 48.51 46.6 44.68 42.77 42.58 [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Consumer Spending 12688.40 13704 13623 13542 13461 17976 JOD Million [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Housing Index 7823.00 4620 2466 3289 3740 3453 [+]
Building Permits 8209.00 4199 3654 3626 3627 3628 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 20.00 20 20 20 20 20 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 17.66 percent [+]
Sales Tax Rate 16.00 16 16 16 16 16 percent [+]
Social Security Rate 21.00 21 21 21 21 21 percent [+]
Social Security Rate For Companies 13.75 13.75 13.75 13.75 13.75 13.75 percent [+]
Social Security Rate For Employees 7.25 7.25 7.25 7.25 7.25 7.25 percent [+]





Economic Forecasts for Jordan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Jordan economy. 2/24/2017