The International Monetary Fund projects that Jordan’s economic growth will reach 2.7% in 2026. Looking toward the following year, the organization anticipates a further acceleration in the national economy. The International Monetary Fund forecasts that Jordan’s economic growth will reach 3.1% in 2027. This upward trajectory in the projections notes the International Monetary Fund’s expectations for the fiscal development of the kingdom over the coming biennial period. The International Monetary Fund confirms that Jordan’s economic growth will be 2.7% in 2026, maintaining this outlook as a primary benchmark for the nation’s fiscal planning. Similarly, the International Monetary Fund projects Jordan's economic growth will reach 3.1% in 2027, reinforcing the anticipated improvement in domestic economic output.
Recent Economic Performance Indicators
Jordan’s real GDP grew by 3% in the second quarter of 2026, according to data from the Department of Statistics. This expansion reflected performance across several key areas of the national economy during the same three-month period.
The agriculture sector recorded a growth rate of 7.8% during the second quarter of 2026. Jordan's agriculture sector grew by 7.8% in the second quarter of 2026, showing the vital role of primary production in the national accounts. Simultaneously, the manufacturing sector saw output increase by 6.2%. Jordan's manufacturing sector grew by 6.2% in the second quarter of 2026, marking a significant contribution to the industrial base of the country. The electricity sector also contributed to the overall economic figures, reporting growth of 5% for the second quarter of 2026. Jordan's electricity sector grew by 5% in the second quarter of 2026. These indicators detail the production levels measured by the Department of Statistics for the specified timeframe.
Regional Economic Growth Projections
The International Monetary Fund projects that the Middle East and North Africa (MENA) economy will contract by 2% in 2026. The International Monetary Fund projects the MENA economy will contract by 2% in 2026. This assessment reflects the anticipated output levels across the broader region for the current calendar year.
Projections for the following year indicate a shift in performance for the area. The International Monetary Fund expects the MENA economy to grow by 7% in 2027. The International Monetary Fund projects the MENA economy will grow by 7% in 2027. These figures provide a regional outlook for the Middle East and North Africa, contrasting with the specific growth trends observed within Jordan.
Global Oil Price Outlook
The International Monetary Fund projects that average oil prices will reach $95.74 per barrel during 2026. The International Monetary Fund projects average oil prices of $95.74 per barrel in 2026. This figure reflects the organization's assessment of global market conditions for the current calendar year.
Looking toward the following year, the International Monetary Fund anticipates a decline in these costs. The organization forecasts that average oil prices will be $87.39 per barrel in 2027. The International Monetary Fund projects average oil prices of $87.39 per barrel in 2027. These projections provide a baseline for energy costs as the regional economy transitions between the two periods.
