Jordanian economy to grow up to 1.5 per cent in 2021 – Roya News English

  • Date: 07-Nov-2021
  • Source: Roya News
  • Sector:Economy
  • Country:Jordan
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Jordanian economy to grow up to 1.5 per cent in 2021 – Roya News English

The Jordanian economic growth is expected to reach 1.5 per cent in 2021 as restrictions of movements are gradually lifted towards the end of the year according to the latest Regional Economic Prospects report, published today by the European Bank for Reconstruction and Development (EBRD).

Sustained by stronger cross-border trade and a continued recovery in the tourism sector, growth is expected to pick up to 2.2 per cent in 2022.

Finance and business-related services as well as manufacturing and mining were the main drivers of growth in 2021, while tourism continued to weigh negatively on growth.