Macro - Country Economic Forecasts - Jordan

Attention: There is an updated edition available for this report.

Macro - Country Economic Forecasts - Jordan

We have slightly downgraded our forecast for GDP growth from 2.5% to 2.3% for 2023. The country has made solid progress in implementing the structural reforms suggested by the IMF. Activity has increased via higher tourism and exports revenues carried over from 2022, and this momentum is likely to be maintained in 2023. However, despite Jordan's cushioning against inflation, particularly with food stocks, we expect the rise in prices will inevitably catch up to growth efforts in 2023.

Jordan: Rising inflation adds risk to Near-term Growth outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Downside risks remain significant
Economic risk
Economic risk evaluation
Economic development
Structure of the economy
Balance of payments
Policy and politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings