Jaghbir: 40% of Economic Growth in Q2 Directly Attributed to the Industrial Sector

Jaghbir: 40% of Economic Growth in Q2 Directly Attributed to the Industrial Sector
Jaghbir: 40% of Economic Growth in Q2 Directly Attributed to the Industrial Sector
Eng. Fathi Jaghbir, President of the Amman Chamber of Industry, affirmed that the preliminary results of the Gross Domestic Product (GDP) for the second quarter of 2025—which showed a real GDP growth of 2.8%—clearly reflect the active and growing role of Jordan’s industrial sector as a key pillar and driver of national economic growth, with the sector directly contributing nearly 40% of the achieved GDP growth.اضافة اعلان

Jaghbir added in a press statement that the manufacturing sector recorded a growth of 5%, contributing nearly 0.9 percentage points of the total growth—the highest individual sectoral contribution in this quarter—placing industry at the forefront of the economy’s driving sectors. The electricity and water sector grew by 4.9%, while the extractive industries sector rose by 3.8%, underscoring the integration of industrial activities from primary production to manufacturing and then to supporting infrastructure.

He pointed out that reading GDP figures in isolation from actual production volumes is insufficient to assess the quality of growth. Therefore, linking overall economic performance with indicators such as the Industrial Production Index provides a clearer picture of the nature of growth. The index rose by 1.8% during the first half of 2025, reaching 87.77 points compared to 86.21 points in the same period of 2024. This increase confirms that the recorded GDP growth is not merely the result of price inflation, but stems from an actual rise in industrial production and available productive capacities, driven by improved local and external demand.

Jaghbir stressed that the increase in manufacturing output and its role as the main driver of growth reflects Jordan’s ability to create real added value. This is translated into exports—which also grew by more than 8% during the same period—job creation, and the strengthening of local value chains, thereby multiplying the industry’s share of economic growth through its strong linkages with various economic sectors.