RIYADH: Jordan’s real gross domestic product grew 2.9 percent in the first quarter of 2026, up from 2.7 percent a year earlier, despite regional challenges stemming from the war, official data showed.
According to quarterly estimates released by the Department of Statistics, agriculture recorded the strongest growth among all economic activities in the first quarter at 6.8 percent, followed by manufacturing at 5.3 percent, and mining and quarrying at 4.7 percent, as well as electricity at 4.3 percent, state news agency Petra reported.
The World Bank expects Jordan’s economy to maintain its upward trajectory, forecasting growth to reach 3 percent by 2028, supported by continued structural reforms and stronger export performance despite persistent regional geopolitical pressures.
Jordan’s performance also exceeded the World Bank’s latest forecast, which projected economic growth of 2.7 percent in 2026 before accelerating to 2.9 percent in 2027. Instead, the economy expanded 2.9 percent in the first quarter alone, underscoring stronger-than-expected momentum despite regional headwinds.
The newly released Petra statement said: “Government economic, fiscal and monetary measures helped support economic activity through a series of decisions aimed at stimulating productive sectors, according to the report. According to DoS, all economic activities recorded growth during the first quarter of 2026.”
