Standard & Poor’s (S&P) has affirmed Jordan’s long-term sovereign credit rating in both local and foreign currencies at BB-, with a stable outlook, citing the continuation of economic and financial reforms.
اضافة اعلان
The agency highlighted that economic reforms, resilience in economic performance, and rising foreign reserves have supported overall macroeconomic stability in Jordan.
Key points from the report include:
Economic growth: 2.8% in 2025, with forecasts of 3% in 2026, driven by regional developments, a recovering tourism sector, and gradually increasing trade with Syria and Iraq; projected to reach 3.1% in 2027 and 3.2% in 2028.
Foreign reserves: Increased to $28.6 billion at the beginning of 2026.
Public debt: Net government debt is expected to decline gradually relative to GDP in the coming years.
Budget deficit: Consolidated budget deficit expected to fall to 1.6% of GDP in 2026 from 2.3% in 2025.
Inflation: Projected to remain moderate, averaging 2.4% in the coming years.
S&P noted that linking the Jordanian dinar to the U.S. dollar has contributed to price stability and contained inflation rates, reinforcing the country’s macroeconomic resilience and continued support from international donors.
