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FX.co ★ Jordan Economy Expands 2.7% in Q1

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typeContent_19130:::2025-07-07T03:18:29

Jordan Economy Expands 2.7% in Q1

Jordan's economy witnessed a 2.7% year-on-year growth in the first quarter of 2025, maintaining the same rate of expansion as the preceding quarter. This represents the most robust growth observed since the third quarter of 2023, despite ongoing regional instability and its effects on the global and domestic economy. In the first quarter, manufacturing spearheaded this growth with a 5.1% increase, contributing a notable 0.88 percentage points to the GDP. The agriculture sector saw an 8.1% rise, adding 0.45 points, while the electricity and water sector grew by 5.8%. Additionally, social and personal services experienced a 3.4% increase. The sectors of finance, insurance, and real estate continued to be pivotal in supporting overall economic growth. This steady GDP expansion is in line with Jordan's Economic Modernization Vision, which aims for gradual yet consistent increases in national output.

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