Jordan GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Jordan expanded 2.90 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Jordan is reported by the Central Bank of Jordan. GDP Annual Growth Rate in Jordan averaged 4.93 Percent from 1993 until 2013, reaching an all time high of 10.58 Percent in the first quarter of 2007 and a record low of -1.11 Percent in the first quarter of 1996. The Jordanian economy is dominated by tourism, financial services, transportation, manufacturing and remittances from Jordanians working abroad. Jordan's lack of arable land and insufficient supplies of water means that agriculture is mostly a non-relevant sector and that the country invests heavily in water recycling. Jordan’s economy is highly influenced by the state, however, recently, the efforts have been undertaken to reduce barriers to do business. This page provides - Jordan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.90 2.80 10.58 -1.11 2.81 | 2013/12 1993 - 2013 Percent Quarterly

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Jordan GDP Annual Growth Rate
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Constant Prices 2145.70 2013-11-15 2233.90 9380.00 1256.71 1978.99 2014-03-31 JOD Million [+]
Gross Fixed Capital Formation 4752046182.67 2012-06-29 4271982595.07 4853877408.98 1012913536.42 4778546885.64 2012-12-31 USD [+]
Gross National Product 23611.20 2013-06-29 21689.60 23611.20 203.00 23745.88 2013-12-31 JOD Million [+]
GDP 31.24 2012-12-31 28.84 31.24 0.56 34.85 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 2.90 2013-12-31 2.80 10.58 -1.11 2.81 2013-12-31 Percent [+]
GDP per capita 2843.65 2012-12-31 2827.51 2843.65 1221.94 2861.82 2014-06-30 USD [+]
GDP per capita PPP 5298.47 2012-12-31 5268.40 5298.47 2998.07 5332.29 2014-06-30 USD [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Jordan Capital Flows at 774.90 JOD Million  
Capital Flows in Jordan decreased to 774.90 JOD Million in the fourth quarter of 2013 from 827.70 JOD Million in the third quarter of 2013. Capital Flows in Jordan is reported by the Central Bank of Jordan.
Jordan Consumer Price Index (CPI) at 147.52 Index Points  
Consumer Price Index (CPI) in Jordan increased to 147.52 Index Points in March of 2014 from 146.93 Index Points in February of 2014. Consumer Price Index (CPI) in Jordan is reported by the Central Bank of Jordan.
Jordan Export Prices at 237.40 Index Points  
Export Prices in Jordan decreased to 237.40 Index Points in January of 2014 from 241.30 Index Points in December of 2013. Export Prices in Jordan is reported by the Central Bank of Jordan.
Jordan GDP Constant Prices at 2145.70 JOD Million  
GDP Constant Prices in Jordan decreased to 2145.70 JOD Million in the fourth quarter of 2013 from 2233.90 JOD Million in the third quarter of 2013. GDP Constant Prices in Jordan is reported by the Department Of Statistics (jordan).
Jordan Government Spending at 853.00 JOD Million  
Government Spending in Jordan increased to 853 JOD Million in December of 2013 from 630.20 JOD Million in November of 2013. Government Spending in Jordan is reported by the Ministry of Finance, Jordan.
Jordan Gross Fixed Capital Formation at 4752046182.67 USD  
Gross Fixed Capital Formation in Jordan increased to 4752046182.67 USD in 2012 from 4271982595.07 USD in 2011. Gross Fixed Capital Formation in Jordan is reported by the World Bank.
Jordan Gross National Product at 23611.20 JOD Million  
Gross National Product in Jordan increased to 23611.20 JOD Million in 2013 from 21749.30 JOD Million in 2012. Gross National Product in Jordan is reported by the Department of Statistics, Jordan.
Jordan Building Permits at 2200.00  
Housing Index in Jordan increased to 2200 in February of 2014 from 2042 in January of 2014. Housing Index in Jordan is reported by the Jordan Engineers Association.
Jordan Import Prices at 388.00 Index Points  
Import Prices in Jordan decreased to 388 Index Points in January of 2014 from 397.37 Index Points in December of 2013. Import Prices in Jordan is reported by the Central Bank of Jordan.
Jordan Producer Prices at 218.80 Index Points  
Producer Prices in Jordan decreased to 218.80 Index Points in February of 2014 from 220.50 Index Points in January of 2014. Producer Prices in Jordan is reported by the Department of Statistics, Jordan.
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