GDP grows by 2.7% in 2023

(File photo: Jordan News)
AMMAN — The Department of Statistics (DOS) has released the quarterly estimates for the Gross Domestic Product (GDP) at current and constant prices for the third quarter of 2023, showing a growth rate of 2.7 percent for the first nine months of 2023 compared to the third quarter of 2022, Al-Ghad reported.اضافة اعلان

Regarding sectoral estimates, preliminary results indicate that the majority of economic sectors achieved growth during the third quarter of 2023 compared to the same quarter in 2022. The “Hotels and Restaurants” sector achieved the highest growth rate during this period, reaching 6.3 percent, contributing 0.11 percentage points to the overall growth rate. It was followed by the "Transportation, Storage, and Communications" sector with a growth rate of 5.3 percent, contributing 0.44 percentage points. Furthermore, the "Agriculture, Hunting, Forestry, and Fishing" sector witnessed a growth rate of 5.1 percent, contributing 0.20 percentage points. Following closely is the "Manufacturing Industries" sector with a growth rate of 3.9 percent, contributing 0.73 percentage points to the achieved growth rate.

Read more National news
Jordan News