Jordan | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 15.80 15 14.5 14.6 14.7 12.5 percent [+]
Inflation Rate -0.50 -0.3 0.5 0.9 1.5 3.3 percent [+]
Interest Rate 3.75 3.75 3.75 3.75 3.5 3 percent [+]
Balance of Trade -536755.50 -603002 -604873 -605066 -605078 -605088 JOD Thousands [+]
Government Debt to GDP 93.40 93.71 92.1 92.1 92.1 89 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 0.71 0.72 0.72 0.73 0.74 0.85 [+]
Stock Market 2163.42 2130 2100 2080 2060 1720 points [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 1.90 2 2.5 2.7 2.8 4.5 percent [+]
GDP 37.52 39.21 39.62 40.03 40.44 45.52 USD Billion [+]
GDP Constant Prices 2204.54 1184 1044 939 855 337 JOD Million [+]
Gross National Product 26289.60 28794 29290 29786 30282 37455 JOD Million [+]
Gross Fixed Capital Formation 6509437071.51 7030393795 7036643274 7042892753 7049142232 8062806287 USD [+]
GDP per capita 3976.04 3991 3994 3997 4001 4080 USD [+]
GDP per capita PPP 10239.66 10383 10415 10446 10477 11073 USD [+]
GDP From Agriculture 77.26 102 77.21 76.6 73.77 53.75 JOD Million [+]
GDP From Construction 131.99 143 106 133 158 139 JOD Million [+]
GDP From Manufacturing 463.44 463 463 463 463 463 JOD Million [+]
GDP From Mining 35.32 38.04 33.64 35.66 33.9 35.19 JOD Million [+]
GDP From Public Administration 310.83 311 281 311 281 310 JOD Million [+]
GDP From Services 591.01 590 597 602 610 606 JOD Million [+]
GDP From Transport 428.48 436 418 433 435 485 JOD Million [+]
GDP From Utilities 71.95 64.64 64.62 64.62 64.62 64.62 JOD Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 15.80 15 14.5 14.6 14.7 12.5 percent [+]
Population 9.53 6.72 6.76 6.8 6.83 7.32 Million [+]
Employment Rate 30.50 31.08 30.58 31.07 30.54 31.09 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -0.50 -0.3 0.5 0.9 1.5 3.3 percent [+]
Consumer Price Index CPI 116.20 117 117 118 118 126 Index Points [+]
Producer Prices 107.60 107 108 108 108 108 Index Points [+]
Export Prices 233.10 232 232 232 232 232 Index Points [+]
Import Prices 357.30 357 359 357 358 358 Index Points [+]
Producer Prices Change -7.50 -8.56 -8.37 -8.28 -8.24 -8.2 percent [+]
Inflation Rate Mom 0.24 0.27 0.24 0.24 0.24 0.24 percent [+]
Food Inflation -5.90 -5.56 -5.57 -5.57 -5.57 -5.57 percent [+]
Core Consumer Prices 122.90 123 122 122 122 122 Index Points [+]
Core Inflation Rate 1.90 1.48 1.69 1.31 1.42 0.11 percent [+]
Cpi Transportation 113.31 115 116 116 116 116 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 3.75 3.75 3.75 3.75 3.5 3 percent [+]
Money Supply M1 10587.30 10674 10873 11076 11285 14450 JOD Million [+]
Money Supply M2 32718.90 32947 33210 33396 33519 32273 JOD Million [+]
Foreign Exchange Reserves 11523.40 11411 11348 11340 11339 11339 JOD Million [+]
Loans to Private Sector 20872.90 21140 21319 21441 21521 21685 JOD Million [+]
Deposit Interest Rate 3.50 2.52 2.39 2.26 2.13 3.2 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -536755.50 -603002 -604873 -605066 -605078 -605088 JOD Thousands [+]
Exports 457556.40 468724 477912 482427 484022 484043 JOD Thousands [+]
Imports 994311.90 1078738 1091763 1093440 1093623 1093639 JOD Thousands [+]
Current Account -641.60 -488 -509 -490 -499 -526 JOD Million [+]
Current Account to GDP -9.00 -8.97 -9.17 -9.37 -9.57 -9.67 percent [+]
External Debt 9390.50 10663 10700 10738 10775 10486 JOD Million [+]
Terms of Trade 65.20 64.33 64.23 64.26 64.25 64.25 Index Points [+]
Capital Flows 718.80 586 755 593 601 633 JOD Million [+]
Remittances 618.00 570 538 608 632 568 JOD Million [+]
Tourist Arrivals 442.30 465 561 556 539 545 Thousand [+]
Gold Reserves 33.90 34.57 30.17 30.89 30.37 32.04 Tonnes [+]
Foreign Direct Investment 217.20 205 179 188 196 198 JOD Million [+]
Terrorism Index 2.86 2.54 2.5 2.46 2.43 2.26 [+]
Weapons Sales 18.00 36.38 6.7 -22.97 -16.94 -6.87 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 93.40 93.71 92.1 92.1 92.1 89 percent [+]
Government Budget -3.50 -3.1 -3.4 -3.4 -2.93 -3.7 percent of GDP [+]
Government Spending 579.80 652 645 644 645 645 JOD Million [+]
Government Revenues 436.60 562 573 573 573 573 JOD Million [+]
Fiscal Expenditure 579.80 652 645 644 645 645 JOD Million [+]
Military Expenditure 1613.30 1633 1673 1713 1726 1713 USD Million [+]
Government Budget Value -143.20 82 140 140 -78.07 -214 JOD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 1.40 2.74 2.31 -3.92 -2.24 -0.28 percent [+]
Changes in Inventories 193.70 193 186 178 170 158 JOD Million [+]
Manufacturing Production 4.20 3.06 3.5 1.99 2.53 2.49 percent [+]
Mining Production 3.90 3.36 3.71 3.79 3.81 3.82 percent [+]
Industrial Production Mom -1.80 -0.24 0.41 0.44 0.41 0.39 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 53.00 51.12 50.49 49.87 49.25 48.68 Points [+]
Corruption Rank 45.00 42.77 42.66 42.55 42.44 42.58 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 12688.40 13461 13619 13777 13934 17976 JOD Million [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 2235.00 2629 2593 2553 2569 2572 [+]
Building Permits 2021.00 2602 2696 2714 2718 2719 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 20.00 20 20 20 20 20 percent [+]
Personal Income Tax Rate 20.00 20 20 20 20 20 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. 12/10/2016