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 4.60 4.4 4.5 4.5 4.1 3.3 percent [+]
Interest Rate 4.00 4 4 4 4 5 percent [+]
Balance of Trade -709700.00 -714525 -711501 -710988 -710917 -710904 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 0.72 0.73 0.75 0.85 [+]
Stock Market 2236.68 2190 2170 2150 2100 1770 points [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 1.80 2.1 2.3 2.5 2.2 3.1 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 4.60 4.4 4.5 4.5 4.1 3.3 percent [+]
Consumer Price Index CPI 119.10 119 120 121 121 129 Index Points [+]
Producer Prices 111.90 114 115 115 114 114 Index Points [+]
Export Prices 229.00 228 228 228 228 228 Index Points [+]
Import Prices 384.30 384 383 384 383 384 Index Points [+]
Producer Prices Change 1.60 5.36 8.82 10.37 11.05 11.61 percent [+]
Inflation Rate Mom 0.80 0.47 0.36 0.31 0.31 0.3 percent [+]
Food Inflation 0.70 0.76 0.53 0.54 0.54 0.54 percent [+]
Core Consumer Prices 124.80 125 125 125 125 125 Index Points [+]
Core Inflation Rate 3.10 3.14 3.19 3.2 3.2 3.2 percent [+]
Cpi Transportation 121.96 123 124 124 125 125 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 4.00 4 4 4 4 5 percent [+]
Money Supply M1 10075.90 10131 10228 10328 10429 11568 JOD Million [+]
Money Supply M2 32605.00 32849 33186 33530 33872 37820 JOD Million [+]
Foreign Exchange Reserves 11252.40 11137 10985 10961 10958 10957 JOD Million [+]
Loans to Private Sector 21505.80 21766 22063 22274 22417 22727 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 -709700.00 -714525 -711501 -710988 -710917 -710904 JOD Thousands [+]
Exports 465500.00 451000 451550 450367 449650 449270 JOD Thousands [+]
Imports 1175200.00 1161681 1161968 1161894 1161870 1161864 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 59.60 58.54 58.79 58.71 58.72 58.71 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 483.70 529 551 536 535 537 Thousand [+]
Gold Reserves 38.26 33.21 37.41 35.34 36.24 37.9 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 1.40 1.17 1.42 1.53 1.59 1.63 percent [+]
Changes in Inventories 193.70 248 230 212 193 158 JOD Million [+]
Manufacturing Production 1.30 0.76 0.81 0.84 0.86 0.87 percent [+]
Mining Production 0.50 -0.29 2.45 3.32 3.59 3.73 percent [+]
Industrial Production Mom -1.80 1.17 0.3 0.32 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 3370.00 3155 2492 3119 3153 3077 [+]
Building Permits 3678.00 3743 3507 3473 3468 3467 [+]
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. 3/25/2017