AMMAN — The government on Monday briefed the Senate and the Lower House on Jordan’s key economic developments in 2025, highlighting strong performance indicators that reflect the resilience of the national economy despite regional political and security challenges.

 

According to the briefing, gross domestic product (GDP) at constant prices maintained "steady" quarterly growth, rising from 2.5 per cent during the first three quarters of 2024 to 2.6 per cent in the fourth quarter, and then to 2.7 per cent in the first quarter and 2.8 per cent in the second and third quarters of 2025. GDP growth averaged 2.8 per cent in the first three quarters of 2025, up from 2.5 per cent in the same period of 2024.

 

Growth was led by productive sectors, including manufacturing (5.1 per cent), agriculture (7.7 per cent), electricity and gas supply (4.9 per cent), and transport and storage (4 per cent). The government noted that expansion in these sectors is expected to support employment and gradually reduce unemployment over the medium term, according to a Prime Ministry statement.

 

National exports rose 7.6 per cent during the first ten months of 2025, supported by stronger global demand. The briefing also highlighted the strong link between economic growth and the performance of the Amman Stock Exchange (ASE), which closed the year with a 44.5 per cent increase in market capitalisation. Trading value surged 83 per cent to JD2.2 billion, the highest level since 2018, while the ASE price index rose 45 per cent.

 

The financial, mining, manufacturing, energy, and utilities sectors led market gains. A total of 106 companies recorded share price increases, including 90 firms with rises exceeding 10 per cent, reflecting broad-based growth. The number of active investors also increased from 1,006 to 1,455 during the year, the statement said.

 

Corporate profitability also improved, with profits of public shareholding companies rising 10.7 per cent in the first three quarters of 2025. Meanwhile, the number of companies registered with the Companies Control Department increased 18.7 per cent, the highest growth rate in several years.

 

On the monetary front, foreign reserves at the Central Bank of Jordan reached a "record" $25.5 billion by the end of 2025, covering around nine months of imports. Bank deposits grew 7.3 per cent, while the dollarisation rate declined to 17.8 per cent by October, the statement said.

 

Workers’ remittances rose 4.2 per cent to JD2.6 billion in the first ten months of 2025, while tourism income increased 7 per cent during the first eleven months. Investment during the first three quarters totalled JD1.1 billion, up 27.7 per cent year-on-year.

 

Jordan also completed the fourth review under the IMF’s Extended Fund Facility (EFF) in 2025, enabling a $130 million draw, and concluded the first review under the Resilience and Sustainability Facility (RSF), granting access to $114 million. IMF staff commended fiscal policy, noting progress in reducing public debt to 80 per cent of GDP, the statement said.

 

Public finances were marked by accelerated capital spending, with JD1.4 billion disbursed, a 96 per cent execution rate and record growth of 15.1 per cent. The government also settled JD320 million in expenditure arrears in 2025, following JD300 million cleared in 2024, and plans to pay an additional JD300 million in 2026, the statement read.

 

Actual domestic revenues rose 4.5 per cent, achieving a 98 per cent collection rate of budgeted estimates, compared with 93 per cent in 2024.