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Analysis by Region - MENA

Publisher Oxford Economics
Published Dec 02, 2024
Length 6 Pages
SKU # OFE19416498

Description

Analysis by Region - MENA



We've raised our GDP growth forecasts for Jordan to 2.4% in 2024 and 2.9% in 2025. Although the ongoing regional conflict has caused tourism income to decline by 4.3% y/y over the first nine months of this year, stronger performances in the manufacturing sector and net exports have offset the negative impacts on the economy. Base effects, monetary policy easing, and a potential Israel-Hamas ceasefire should further boost Jordan's economic growth next year.

Table of Contents

6 Pages
Jordan: The economy shows resilience despite external risks
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

Pricing

Currency Rates
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