FEAS Yearbook FEAS Yearbook 2017 | Page 38

The Hashemite Kingdom of Jordan

Country Facts

Federation of Euro-Asian Stock Exchanges

In 2017, Jordan ranked 103 in the Ease of Doing Business Report, after being ranked 118 globally, out of 190 countries covered by the report.

Real GDP growth was 1.9% in the first three quarters of the year 2017.

The Consumer Price Index (CPI) increased by 3.3% during the year 2017.

The re-discount rate increased to 4.75% by the end of November 2017. The weighted average interest rates on credit facilities extended in the form of loans and advances increased by the end of November 2017 to 8.68%.

The foreign currency reserves at the Central Bank of Jordan (CBJ) reached JD8687.0 million at the end of 2017.

The total public revenues and external grants increased by 2.6% at the end of November 2017. Total public spending by the end of November 2017 marked an increase of 3.8%. Hence, fiscal deficit after external grants amounted to JD910.0 million by the end of November 2017.

The Central Government net outstanding public debt reached JD25752.0 million by the end of November 2017. The net outstanding domestic debt reached JD14298.6 million by the end of 2017. The outstanding external public debt reached JD11471 million by the end of November 2017.

The Jordanian exports (national exports and re-exports) decreased by 2.6%, and Imports increased by 5.6% at the end of November 2017; as a result, the deficit in the balance of trade increased by 10.9%.

Capital Market Information

Economic Development and Outlook

Key Highlights of the year 2016 2017

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