Jordan overview

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Jordan city view

In Jordan we focus on:

  • Supporting sustainable energy through investments that promote energy efficiency hroughout the economy, the development of new sources of renewable energy and Jordan's transition to a liberalised, efficient and sustainable energy sector;
  • Direct and indirect financing of private enterprises in the corporate sector, with a focus on SMEs, improvements in the agribusiness value chain as well as energy and water use efficiency; all aimed at boosting the creation of high quality jobs, including for women to further develop a thriving private sector;
  • Promoting infrastructure reform and facilitating non-sovereign financing, where feasible. in order to develop efficient delivery of infrastructure services. Supporting PPPs and private sector participation in the infrastructure sector. The EBRD will also aim to support water and energy efficiency in the municipal sector.
  • We continue to cooperate with other IFIs, the EU and bilateral partners to ensure that our operations take full account of their work as well.

The EBRD's 2018 Annual Meeting and Business Forum was held on the shores of the Dead Sea. 

The EBRD’s Jordan strategy was adopted on 27 January 2020

Jordan's policy response to the coronavirus crisis

The EBRD is monitoring Jordan's policy response to the coronavirus pandemic. Our biweekly publication identifies the major channels of disruption as well as selected impact and response indicators.

Learn more

EBRD forecast for Jordan’s Real GDP Growth in 2021 1.5%

EBRD forecast for Jordan’s Real GDP Growth in 2022 2.2%

In the first half of 2021, the Jordanian economy rebounded owing to a stronger recovery in the second quarter, after a slow start in the beginning of the year. Growth averaged 1.8 per cent year-on-year in the first half of 2021 as activity returned to pre-crisis levels in several key sectors.
 
Finance and business-related services, as well as manufacturing, and mining, were the main drivers of growth, while tourism continued to weigh negatively on growth. In tandem, inflation volatility subsided as prices resumed their gradual acceleration in recent months, with the inflation rate reaching 1.9 per cent year-on-year in September. GDP growth is forecast to reach 1.5 per cent in 2021, as restrictions on movement are gradually lifted towards the end of the year. In 2022, growth is expected to pick up to 2.2 per cent, sustained by stronger cross-border trade and a continued recovery in the tourism sector.
 

Jordan in the EBRD's 2021-22 Transition report

 

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