AMMAN — A report recently released by the
Arab Investment and Export Credit Guarantee Corporation (Dhaman) forecasts a
rise in the total investments in Jordan during 2022, compared to last year.
اضافة اعلان
Total investments in Jordan during 2022 would reach
$8.9 billion, or 17.8 percent of the total gross domestic product (GDP), Dhaman
report showed.
The value of investments in the Kingdom during 2021
would be $8.4 billion, constituting 18.5 percent of the GDP for the same year,
the report forecast, according to the Jordan News Agency, Petra.
Meanwhile, investments during 2019 and 2018 stood at
16.7 percent and 17.6 percent of the GDP, with a value of $7.5 billion and $7.6
billion, respectively, Dhaman said.
According to the report’s estimates, Jordan’s GDP
will “continue to grow,” reaching $47.5 billion in 2022, at a rate of 2.7
percent, while the growth rate in 2018 and 2020 was 1.9 percent and 1.6
percent, respectively.
GDP per capita could have risen to approximately
$4,394 in 2021, from $4,286 in 2020, and approximately $4,425 and $4,341 in
2019 and 2018, respectively, the report said, expecting it to go up to $4,565
this year.
The report expected a drop in the budget deficit by
5.9 percent of GDP in 2022, compared to expectations of 7.8 percent in 2021, to
reach $2.8 billion instead of $3.5 billion for the same year, while the deficit
in the period from 2018 to 2020 ranged between $1.9 billion and $3.9 billion.
Regarding the Kingdom’s foreign debt, the report
expected its volume to reach $39.3 billion in 2022, or 82.7 percent of the GDP,
compared to $37.6 billion, $34.3 billion, $30.3 billion, and $29.2 billion in
2021, 2020, 2019 and 2018, respectively.
According to
Dhaman estimates, the Kingdom’s foreign currency reserve will rise during 2022
to $17.8 billion, compared to expectations of $17.1 billion in 2021, covering
nearly 9 months of imports of goods and services, for each year.
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