Jordan’s Foreign Reserves Rise to $26.6 Billion at the End of July

Jordan’s Foreign Reserves Rise to $26.6 Billion at the End of July
Jordan’s Foreign Reserves Rise to $26.6 Billion at the End of July
Jordan’s foreign exchange reserves increased by approximately $1.1 billion by the end of July 2026, compared with their level at the end of 2025, reaching a total of $26.6 billion, according to data released by the Central Bank of Jordan (CBJ).
اضافة اعلان
The CBJ said the current level of reserves is sufficient to cover the Kingdom’s imports of goods and services for 8.7 months, nearly three times the internationally accepted benchmark for reserve adequacy.

According to the central bank, this level of reserve coverage reflects the strength of Jordan’s monetary and financial stability, as well as the country’s attractive economic environment.

The latest economic indicators also showed that Jordan’s banking sector continues to enjoy strong levels of liquidity, profitability, and capital adequacy, underscoring the resilience of the banking system and its ability to support economic activity.

Despite continued regional uncertainty and escalating tensions, tourism revenues recorded 7.0% growth in June 2026. However, tourism income for the first half of the year remained 5.3% lower than during the corresponding period of 2025.

Meanwhile, remittances from Jordanians working abroad remained strong, rising by 14.5% during the first five months of 2026 to approximately $2.1 billion, highlighting their continued contribution to domestic demand and the balance of payments.

The CBJ also reported that national exports increased by 7.3% during the first four months of 2026, compared with 1.5% growth during the same period last year, reaching $4.2 billion. The increase reflects the competitiveness of Jordanian exports and their benefit from improved prices for several export commodities in international markets.

Jordan’s economy recorded real GDP growth of 2.9% in the first quarter of 2026, exceeding earlier expectations. The economy is projected to grow by 2.7% for the full year, while inflation remained low at 2.03% during the first half of 2026.

Source: Al Mamlaka