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EBRD: Jordan's economy to slow by 2.5% in 2026
The report showed that the Jordanian economy demonstrated notable resilience in the first half of 2026, recording a growth rate of 2.9% in the first quarter, driven by strong activity in the agriculture, manufacturing, and trade sectors, despite temporary disruptions in energy supplies and tourism due to the conflict in the Middle East. International reserves remained at a comfortable level of $26.5 billion, covering more than eight months of imports. However, the external sector experienced a decline in exports and tourism revenues, with inflation rising to 2.8% in May before decreasing to 2.7% in July. The Central Bank raised the benchmark interest rate to 6% in September 2026. The report anticipates that economic growth will slow to 2.5% in 2026 before accelerating again to 2.8% in 2027, depending on addressing trade bottlenecks and the decline in energy prices.
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