Jordan Interest Rate

The benchmark interest rate in Jordan was last recorded at 4.25 percent. Interest Rate in Jordan is reported by the Central Bank of Jordan. Interest Rate in Jordan averaged 6.14 Percent from 1965 until 2014, reaching an all time high of 9 Percent in August of 1998 and a record low of 2.50 Percent in June of 2003. In Jordan, interest rate decisions are taken by the Central Bank of Jordan. The official interest rate is the re-discount rate. This page provides - Jordan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
4.25 4.25 9.00 2.50 4.25 | 2014/02 1965 - 2014 Percent Monthly

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Jordan Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 11168.30 2014-02-28 11174.70 11174.70 1536.20 11377.97 2014-03-31 JOD Million [+]
Loans to Private Sector 17896.20 2014-02-28 18282.40 18282.40 5055.60 17974.58 2014-03-31 JOD Million [+]
Money Supply M1 8680.00 2014-02-28 8452.80 8680.00 1539.20 8767.30 2014-03-31 JOD Million [+]
Money Supply M2 27720.80 2014-02-28 27795.70 27795.70 4484.70 27961.04 2014-03-31 JOD Million [+]
Interest Rate 4.25 2014-03-31 4.25 9.00 2.50 4.25 2014-02-28 Percent [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

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 4752046183.00 USD  
Gross Fixed Capital Formation in Jordan increased to 4752046183 USD in 2012 from 4273011361.23 USD in 2011. Gross Fixed Capital Formation in Jordan is reported by the World Bank.
Jordan Gross National Product at 21749.30 JOD Million  
Gross National Product in Jordan increased to 21749.30 JOD Million in 2012 from 20349 JOD Million in 2011. Gross National Product in Jordan is reported by the Department of Statistics, Jordan.
Jordan Building Permits at 2041.00  
Housing Index in Jordan decreased to 2041 in December of 2013 from 2403 in November of 2013. Housing Index in Jordan is reported by the Jordan Engineers Association.
Jordan Import Prices at 397.37 Index Points  
Import Prices in Jordan increased to 397.37 Index Points in December of 2013 from 386.70 Index Points in November of 2013. Import Prices in Jordan is reported by the Central Bank of Jordan.
Jordan Producer Prices at 220.52 Index Points  
Producer Prices in Jordan increased to 220.52 Index Points in January of 2014 from 215.28 Index Points in December of 2013. Producer Prices in Jordan is reported by the Department of Statistics, Jordan.
Jordan Remittances at 558.10 JOD Million  
Remittances in Jordan decreased to 558.10 JOD Million in the fourth quarter of 2013 from 625 JOD Million in the third quarter of 2013. Remittances in Jordan is reported by the Central Bank of Jordan.
Jordan Terms of Trade at 60.70 Index Points  
Terms of Trade in Jordan decreased to 60.70 Index Points in December of 2013 from 61.50 Index Points in November of 2013. Terms of Trade in Jordan is reported by the Central Bank of Jordan.
Jordan Balance of Trade at -852043.00 JOD Thousands  
Jordan recorded a trade deficit of 852043 JOD Thousands in December of 2013. Balance of Trade in Jordan is reported by the Central Bank of Jordan.
Jordan Current Account at -739.90 JOD Million  
Jordan recorded a Current Account deficit of 739.90 JOD Million in the fourth quarter of 2013. Current Account in Jordan is reported by the Central Bank of Jordan.
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