Jordanian economy grows 2.8% in 2009

24 Mar 2010

(MENAFN) Jordan’s Department of Statistics (DoS) said in a statement that the Kingdom’s gross domestic product (GDP) grew by 2.8 percent in 2009 against 5.6 percent growth in 2008, The Jordan Times reported.

The reports showed that the value of GDP in current prices (nominal GDP) reached around $22.97 billion in 2009, compared with $21.2 billion in 2008, while in fixed prices, real GDP reached $13.6 billion in 2009 as opposed to $13.2 billion in 2008.

According to the DoS, GDP in the fourth quarter of 2009 grew 2.9 percent in fixed prices, reaching $3.4 billion compared with $3.3 billion in the same quarter of 2008.

The construction sector achieved the highest growth rate of 12.8 percent in the fourth quarter of last year.

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