Jordan's GDP increased by 5%
Industry and Trade Minister Sami Gammoh said on Sunday that the growth rate of the Kingdom’s gross domestic product (GDP) stood at 4.9 per cent during the last five years.
Lecturing at the National Defence College, Gammoh said the GDP rose by 2.46 per cent last year reaching JD20 billion.
He noted that the GDP per capita increased by 5 per cent last year compared to 2010. Gammoh indicated that national exports recorded a 14.6 annual growth rate during the last decade, while imports grew by 15.2 annually during the same period.
- Frozen: Arab Spring economies barely trading with one another
- China-Pakistan economic corridor: a game-changer for the Middle East?
- Suspended tax transfers pushed Palestinian economy to the brink
- Egypt passed the economic conference with flying colours, but what's next?
- Why the GCC really needs a VAT tax