Upward Trajectory for the Jordanian Economy and Positive Indicators for Continued Growth in 2026

Upward Trajectory for the Jordanian Economy and Positive Indicators for Continued Growth in 2026
Upward Trajectory for the Jordanian Economy and Positive Indicators for Continued Growth in 2026
Jordan’s national economy has maintained an upward growth trajectory since the beginning of the year, despite various challenges and difficulties, proving its resilience and stability. This progress has been driven by strong performance in key productive sectors—chiefly agriculture and industry—along with notable economic indicators signaling promising opportunities.اضافة اعلان

The economy has managed to exceed expectations thanks to continuous Royal attention, the opening of new non-traditional export markets, facilitative government decisions for productive sectors, and prudent monetary policy. These factors have helped sustain balance, stimulate economic activity, and foster confidence and optimism among business and economic circles.

Among the main economic indicators recorded since the start of the year are growth in GDP, increased exports and workers’ remittances, higher tourism revenues and foreign reserves, greater foreign investment, significant improvement in Amman Stock Exchange performance, a rise in registered companies and domestic revenues, and higher net profits among listed companies.

Economic experts agree that Jordan’s economy has demonstrated notable resilience and stability in the face of external pressures, continuing its positive performance gradually. They emphasized that the government decisions made over the past year have supported the economy and driven it upward.

Former Dean of the School of Business at the University of Jordan, Dr. Raed Bani Yaseen, said economic growth has improved since the beginning of the year, which in turn boosts investor confidence, enhances capital spending, and attracts major investments—particularly in information technology, communications, and tourism.

He added that coordination between ministries and relevant institutions ensured the alignment of sectoral plans and programs with the overarching strategic framework of the Economic Modernization Vision, while leveraging digital systems, data, and technology to enhance sustainability and implementation efficiency.

Bani Yaseen noted that consumer confidence in the national economy has improved despite real challenges in the investment climate. He stressed the importance of focusing on employment policies, updating the business environment, developing the labor market, and strengthening ties with the private sector to drive growth and job creation.

He further highlighted the potential of the ICT sector as a key growth driver, given the accelerating digital transformation, expansion of 5G networks, and growing demand for software, cybersecurity, and e-commerce services.

Economic expert Ahmad Al-Majali stated that the national economy maintained solid stability amid external pressures. Real GDP grew by 2.8% in the second quarter of this year, driven by growth in manufacturing, agriculture, transport, storage, communications, and financial services.

He pointed out that inflation remained at low levels, reflecting price stability and a steady monetary policy achieved through balanced strategies by the Central Bank and the government.

Al-Majali added that the Central Bank successfully kept foreign reserves high—covering over eight months of imports—and maintained interest rates that balance supporting economic activity with preserving the dinar’s stability.

He emphasized that government measures under the Economic Modernization Vision focused on capital rather than current spending, with clear guidance to include capital projects within the modernization program and enforce monitoring and accountability mechanisms for effective implementation.

According to Al-Majali, both government and central bank policies helped maintain stability and prevent economic regression. However, he stressed the need to transition from stability to sustainable growth, expanding the domestic economic base and enhancing the investment environment across governorates.

Lecturer at the University of Jordan’s Department of Economics, Dr. Raed Al-Tell, said that during its first economic year, the government implemented multiple decisions that contributed to sustained growth—rising from 2.7% in the first quarter to 2.8% in the second. However, some challenges persist, particularly in sectors that require stronger incentives, such as agriculture and industry, due to their major contribution to GDP and employment of Jordanian workers.

He noted that developments in Syria could mark a turning point for Jordan’s economy, emphasizing the need to capitalize on them to boost growth. He also mentioned growing interest from Gulf investors to enter the Jordanian market and invest in major projects in energy, transport, and water.

Economic expert Ghazi Al-Assaf explained that the economic indicators since early 2025 confirm that Jordan’s economy is on a relatively positive path, outperforming cautious expectations made at the end of 2024. GDP growth rates have continued to rise compared with the previous year, reflecting the success of macroeconomic policies in balancing fiscal discipline with economic stimulation.

He stressed that this performance is particularly significant given the volatile regional environment and global monetary tightening, underscoring the effectiveness of the government’s economic policies. Jordan has enhanced international confidence after successfully completing the fourth review of its Extended Fund Facility with the IMF, meeting all quantitative targets.

Al-Assaf noted that sustaining this positive trajectory requires decisive action to address structural imbalances—especially unemployment and public debt—and to accelerate structural reforms in the labor market and public spending efficiency.

Economic expert Hussam Ayesh said that in 2025, Jordan’s economy transitioned from absorbing the repercussions of the Israeli war on Gaza and regional uncertainty to achieving tangible progress, effectively overcoming challenges and returning to a growth path.

He emphasized that the performance of key sectors and indicators this year provides clear evidence of improving economic growth, increasing business stability, and sustaining economic activity.

Ayesh added that the government, during its first year, issued around 1,000 decisions, including economic, administrative, and incentive measures, as well as policies addressing various economic and social issues in sectors like real estate and transportation.

He explained that the harmony between government actions and public confidence, along with the accelerated pace of economic decision-making aligned with the goals of the Economic Modernization Vision, has enriched the economic process.

Ayesh concluded that the continued alignment between government policies and overall economic performance is expected to result in more sustainable growth, broader investment, and stronger returns, helping achieve one of the Vision’s core goals—improving citizens’ living standards, enhancing quality of life, and creating jobs.

“With the launch of major projects scheduled for early next year,” Ayesh said, “Jordan is poised for a new economic takeoff that has been well-prepared throughout 2025—making 2026 the beginning of reaping the positive results of the government’s decisions and new economic policies.”

— Petra News Agency