The Jordanian trade balance deficit witnessed a 10% drop in 2023, reaching JD 9.3 billion ($13.12 billion), from 10.4 billion dinars ($14.6 billion) in 2022.
Jordan’s Prime Minister Bisher Khasawneh said the primary deficit as a proportion of GDP experienced a decrease, falling to 2.6 percent of GDP in 2023, down from approximately 2.7 percent in 2022.
He noted that the kingdom attracted foreign direct investments worth JD 673 million ($948.9 million) by September 2023.
Tourism income surged by 27% in 2023, reaching JD 5.2 billion ($7.33 billion), said the PM at a meeting on the executive program for the economic modernization vision
Total exports reached JD 8.9 billion ($12.5 billion) in 2023, a slight 1.5% decrease from 2022, due to lower prices in global markets, he continued.
Inflationary pressures were contained at 2.1% in 2023, below the targeted 3.8% and lower than 4.2% in 2022.
Khasawneh highlighted Jordan's robust foreign currency reserves, surpassing $18 billion last year, covering imports for over eight months.
