Jordan’s GDP up by 3.5% to exceed JD32bln in 2021

Jordans GDP ACC

Jordan’s gross domestic product (GDP) at current prices grew by 3.5 percent, in 2021, compared to a drop in 2020 by 1.8%, according to report released on Saturday by Amman Chamber of Commerce (ACC).

Based on the recovery of most economic sectors, the Kingdom’s GDP last year stood at JD32.123bln, compared to JD31.025bln in 2020, the ACC data showed.

In terms of sectoral contributions, the financial, insurance and real estate sectors witnessed the highest growth rate with 18.8 per cent, followed by the industrial sector by 17.3 per cent, then came trade and restaurants and hotels businesses by 9.2%, the chamber’s figures revealed.

In addition, the social and personal services businesses contributed 8.5%, meanwhile transportation, storage and telecommunications sector’s share stood at 8.4%, the report noted.

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