GDP grows by 2.8% in 2013

AMMAN — Jordan’s gross domestic product (GDP) grew by 2.8 per cent in 2013, according to Department of Statistics (DoS).

Last year’s growth rate was slightly higher than 2012, when the economy expanded by 2.7 per cent.

According to a report released on Monday by DoS, the Kingdom’s GDP grew by only 2.9 per cent during the fourth quarter of 2013, while it was 2.2 per cent in the same time span in 2012. 

DoS also said that most sectors recorded growth. The construction sector witnessed the highest increase, amounting to 9.4 per cent, last year. Public services providers came second with 5.4 per cent, then the social and personal services sector with 5.1 per cent, while in the fourth rank came the private non-profit services producers sector with a growth percentage of 5 per cent. 

Agriculture and extractive industries sectors showed negative growth in the fourth quarter of last year by 13.3 and 12.2 per cent, respectively, compared to the same quarter in 2012.