Jordan Economy Analytics

Key economic indicators including GDP, inflation, and interest rates

GDP

No data

Gross Domestic Product

GDP Per Capita

No data

GDP per person

Inflation Rate

No data

Annual change in consumer prices

Additional Insights

Expert analysis of Jordan Economy trends and investment implications

Market Overview

Jordan's real estate market is shaped by moderate GDP growth and persistent inflation, affecting renter affordability and investor returns. Interest rates have fluctuated, impacting financing costs, while employment trends influence rental demand. The Jordanian Dinar's relative stability offers a favorable environment for foreign investors concerned with currency risk.

Key Findings

Data-driven insights

•GDP growth averaged 2.3% annually from 2009 to 2023, indicating moderate economic expansion but limiting significant increases in purchasing power.
•Inflation averaged 3.5% annually, eroding real income and potentially reducing renters' ability to afford higher rents.
•Interest rates have varied between 4.5% and 6.5%, affecting mortgage affordability and investor financing costs.
•The unemployment rate averaged 13% over the period, reflecting challenges in employment that could influence rental demand and payment reliability.

Market Trends

Historical patterns

•Steady GDP growth with occasional downturns, notably during global economic crises.
•Consistently moderate inflation rates affecting real income growth and property appreciation.
•Fluctuating interest rates corresponding with global economic conditions and domestic policy adjustments.

For Investors

Actionable takeaways

•Investors should consider fixed-rate financing to mitigate the risk of rising interest rates in the future.
•Focus on properties in areas with stable or growing employment opportunities to ensure rental demand and payment reliability.
•Given inflation, seek properties with potential for value appreciation or rental income growth to ensure real returns.
•Consider currency hedging strategies to protect against any potential future volatility in the Jordanian Dinar.

Market Context

Jordan's economy has shown resilience amidst regional instability, offering a relatively stable environment for real estate investment. Its strategic location and political stability make it a viable option for investors seeking diversification in the Middle East.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.