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Macro - Country Economic Forecasts - Jordan

Publisher Oxford Economics
Published Sep 30, 2024
Length 6 Pages
SKU # OFE19224358

Description

Macro - Country Economic Forecasts - Jordan



We've revised our 2024 GDP growth forecast for Jordan to 1.6% down from 2.6% in 2023, underpinned by the ongoing regional conflict. Data for Q1 2024 shows a continued contraction in GDP for the second consecutive quarter on quarterly terms.

Table of Contents

6 Pages
Jordan: External environment weighs on the outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Downside risks to the outlook remain significant
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics
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