Jordan economy to grow by 2.4% in 2024, with 2.9% growth projected for 2025

Posted on October 23, 2024   |  

Jordan's economy is projected to grow by 2.4% by the end of 2024, with a forecast of 2.9% growth for 2025.

Inflation in Jordan is expected to reach 2.1% by the end of this year, rising to 2.4% next year.

Economic growth in the Middle East is set to increase from 2.1% in 2023 to 2.4% this year and reach 3.9% in 2025.

The International Monetary Fund (IMF) predicts global growth will stabilize but remain below expectations, noting adjustments since April 2024.

The IMF has raised growth forecasts for the United States while adjusting predictions for other advanced economies, especially in Europe.