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Jordan expected to grow 2.7% in 2023
The World Bank has maintained its forecast for Jordan's economic growth at 2.7% in 2026 and 2.9% in 2027, despite regional challenges such as rising energy prices and market fluctuations. This reflects the country's resilience and its ability to achieve relatively good performance, despite declining tourism revenues and increased energy import costs. Growth in Jordan is expected to lead to a gradual increase in per capita GDP, reaching 2.1% in 2027, alongside a gradual improvement in inflation indicators, which are projected to reach 2.5% in 2026. Jordan is also working to establish itself as a regional technology hub, with efforts to promote innovation and develop the artificial intelligence sector, currently hosting 113 startup tech companies and aiming to increase the number of researchers in this field by 30%.
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