Jordan's economy grew 2.4% in 2024, yet faces challenges like a high budget deficit and unemployment.

Jordan's economy showed resilience in 2024 with a 2.4% growth rate, despite challenges. Tourism revenue increased in June, and inflation remained stable at 1.54%. However, the budget deficit hit -5.2% of GDP, public debt rose to 43.75 billion Jordanian dinars, and unemployment stayed high at 21.5%. Economic experts predict gradual improvement in 2025, with growth rates between 2.5 to 3%, citing political stability and economic reforms as key factors.

3 months ago
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