Report cover image

Macro - Country Economic Forecasts - Jordan

Publisher Oxford Economics
Published Mar 31, 2022
Length 8 Pages
SKU # OFE17063579

Description

Macro - Country Economic Forecasts - Jordan

The UAE's non-oil PMI rose to 54.8 in February from 54.1 in January on the back of a strong recovery in travel and tourism and market demand as fears of the Omicron variant faded. In February, Dubai alone welcomed 1.2m visitors, in comparison to just over 350,000 visitors in the same period last year. Saudi Arabia, India, the UK, and Russia are the top source market thus far. Coupled with a robust recovery in the property market and ambitious FDI targets supported by comprehensive economic and trade agreements, we see non-oil GDP growing by 3.7% in 2022 and 2.4% in 2023 and total GDP growing by 6.1% and 6.6%.

Table of Contents

8 Pages
United Arab Emirates : Recovery on track with rebound in tourism and real estate
Forecast overview
Recent developments
Short-term Outlook
Key drivers of our short-term forecast
Steady growth over the medium term
Economic risk
Economic risk evaluation
What to watch out for
Exposure to key global risks
Background
Economic development
Policy and politics
Structure of the economy
Structure of trade
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.