The European Bank for Reconstruction and Development (EBRD) projects that Jordan’s economy will achieve a growth rate of 2.8% in 2026, rising to 2.9% in 2027. This follows an estimated growth of 2.7% in 2025, driven by a recovery in tourism and robust export performance.
اضافة اعلان
According to the "Regional Economic Prospects - February 2026" report, Jordan’s accelerated growth in 2025 was fueled by rebounding tourism revenues after a short-term shock in 2024 caused by regional instability. Strong exports also played a key role despite global trade uncertainties.
Key Economic Indicators for Jordan:
Inflation: Remained low at 1.3% as of December 2025.
Foreign Reserves: Robust, covering approximately 9 months of imports.
Budget Deficit: Stayed elevated at 5.5% of GDP during the first nine months of 2025.
Public Debt: Total government debt (including Social Security debt) was estimated at 108.6% of GDP by the end of 2025.
Current Account Deficit: Widened slightly to 6.6% of GDP due to imports outpacing exports and remittances.
Outlook and Risks:
The report links improved growth prospects for 2026–2027 to Jordan's continued access to regional markets, specifically Syria and Iraq. However, it warns of risks including:
Renewed regional conflicts affecting tourism and investment.
Rising global commodity and energy prices.
Global and Regional Context:
The EBRD raised its growth forecast for its operational regions to 3.6% in 2026 and 3.7% in 2027.
Resilient Growth: The report, titled "Resilient Growth Amid Persistent Trade Tensions," noted that geopolitical tensions have had a less severe impact on global trade than expected, aided by rapid supply chain adaptation and high demand for AI-related technologies.
U.S. Tariffs: The report suggests the full impact of U.S. tariffs has not yet materialized, as many companies "front-loaded" imports in early 2025 to anticipate fee hikes.
Southern & Eastern Mediterranean (SEMED): Growth in this region is expected to hit 4.2% in 2026, largely supported by a recovery in Iraq's oil production.
Source: Al-Mamlaka TV
