AMMAN — Data shows that the national economy made
positive strides in 2022 despite challenges posed by global and domestic
crises.
اضافة اعلان
Statistical data compiled by the Jordan News Agency, Petra, throughout
the year 2022 showed that the gross domestic product grew by 2.9 percent at
constant market prices in the second quarter of the year, compared to the same
period of 2021.
Extractive industries recorded the highest growth rate, 7.4
percent, among sectors. This was followed by the construction sector, which
grew by 4.9 percent; transport, storage, and telecommunications by 4.5 percent;
and wholesale and retail businesses, hotels, and restaurants by 3.9 percent.
Boost in tourismThe Kingdom's income from tourism soared to reach $5.3
billion by the end of November, a 115 percent increase compared to tourism
income during the same period in 2021.
Around 2.4 million more foreign tourists arrived in the
Kingdom this year compared to last, with a total of 4.6 million tourist
arrivals, Petra data showed.
Expatriate remittances were also up 0.6 percent during the
first 10 months of 2022 compared to the corresponding period in 2021, reaching
$2.829 billion.
The Kingdom's income from tourism soared to reach $5.3 billion by the end of November, a 115 percent increase compared to tourism income during the same period in 2021.
Banking and investmentForeign currency reserves of the Central Bank of Jordan
recorded a peak of $16.7 billion by the end of November, enough to cover the
Kingdom's imports of goods and services for a period of seven to eight months,
the data showed.
Bank deposits also increased during the first 10 months of
the year by JD2.4 billion, growing 6.1 percent to reach JD41.9 billion through
the end of October. Meanwhile, credit facilities granted by banks jumped by
JD2.3 billion, with a growth rate of 7.6 percent, bringing the total balance to
JD32.3 billion.
The data also showed that the volume of foreign direct
investment in the Kingdom surged by 96.9 percent during the first half of 2022
to reach $548.4 million.
Unemployment drops, inflation risesTravel data released by Airport International Group showed
that passenger traffic at Queen Alia International Airport grew by 75.5 percent
compared to 2021, with about 7.1 million passengers recorded during the first
11 months of 2022.
The trade volume in the real estate market also rose by 23
percent to reach JD4.875 billion by the end of October, compared to the same
period in 2021.
The unemployment rate in the Kingdom decreased by 2.2
percent during the second quarter of 2022compared to the same period in 2021,
to reach 22.6 percent.
The unemployment rate in the Kingdom decreased by 2.2 percent during the second quarter of 2022 compared to the same period in 2021, to reach 22.6 percent.
The consumer price index (inflation) was up 4.22 percent through
the end of November, reaching 106.68, compared to 102.36 for the same period in
2021.
A rising trade deficitThe value of national exports increased by 44 percent to reach
JD6.169 billion through the end of September, compared to JD4.283 billion for
the same period in 2021.
Meanwhile, the Kingdom's trade deficit rose by 32.8 percent
from the beginning of the year until the end of September, reaching JD8.137
billion, compared to the same period in 2021, which saw a trade deficit of
JD6.125 billion.
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