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Performance of the Jordanian economy during 2026

Regarding the economic growth rate, it reached 2.9% in the first quarter (a nominal growth rate of 5.1%) compared to 2.7% in the first quarter of 2025, and 2.8% in the second, third, and fourth quarters of the same year. This means that the economy has maintained a relatively stable growth path, but at the same time, it still needs higher growth rates if the goal is to accelerate job creation and raise income levels. Conversely, the sources of this growth show stronger performance in industry, which recorded a growth of 5.3%, agriculture at 6.8%, and electricity at 4.3% in the first quarter of 2026.

Remarkably, industrial and agricultural performance comes at a time when the economy is witnessing an improvement in foreign trade movement despite all external disruptions. National exports—an important increase at this timing—rose by 6.2% during the first six months of 2026, while total exports rose by 14.5% over the same period. These developments are important because increased exports mean a greater ability to generate foreign currencies, improve the capacity of productive sectors to expand, and raise the contribution of local production to economic activity.

On the other hand, inflation maintained limited levels, reaching 2.2% during the first eight months of 2026, compared to 1.4% in the first quarter and 2.7% in the second quarter of the same year. However, this stability requires a significant intensification of efforts, especially with anticipated potential increases in global energy prices. From the perspective of monetary and financial stability, foreign reserves reached $28.4 billion, providing coverage equivalent to 9.2 months of imports, and the capital adequacy ratio in the banking sector stood at 18%. Likewise, remittances from workers rose by 14.3% during the first half of 2026.

Financial markets witnessed remarkable activity during the first seven months of 2026. Trading volume increased by 74%, and the average daily trading reached 13.6 million dinars compared to 8.8 million dinars during the comparative period of 2025. Market capitalization also increased by 8.2%, and the price index rose by 10.7% following a 45% growth during 2025.

However, the primary economic challenge is not only maintaining stability, but transforming this stability into higher growth that is more capable of creating jobs. Net newly created jobs for Jordanians increased from 79,000 jobs in 2022 to 87.6,000 jobs in 2025, which is a positive trend, but it places before the economy the necessity of continuing to expand productive and investment sectors.

In this context, major projects that have begun work acquire special importance, such as the railway project, the development of Marka Airport, gas projects, green hydrogen and green ammonia projects, and the Amra City project. These major projects are what the Jordanian economy needs most today as a major impetus that accelerates added value and pushes economic growth rates to break the 4 percent barrier.

The economic picture in 2026 so far combines stable growth, moderate inflation, improved exports, greater capital market activity, better inflows of workers' remittances, along with progress in a number of major projects. However, the real challenge remains in translating these indicators into higher economic growth and creating sustainable jobs, without ignoring the highly complex surrounding environment that always casts its shadow over the economic scene in the region.

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