Jordan Daily – Eng. Fathi Al-Jaghbir, the head of the Jordan and Amman Chambers of Industry, stated that the industrial sector in Jordan has shown positive results in the first quarter of this year, playing a leading role in driving economic growth. The sector has contributed to a quarter of the GDP growth.
Al-Jaghbir, in a statement released on Monday, emphasized that the industrial sector holds the largest share in the country’s gross domestic product, accounting for over 21.2 percent. It has maintained a growth rate of 3.3 percent compared to the same period in the previous year, as per the quarterly estimates of the gross domestic product provided by the Department of Statistics.
He further highlighted that the growth of the three primary industrial sectors has been instrumental in the sector’s remarkable performance during this period. The manufacturing sector, in particular, has made a significant contribution to the overall growth of the national economy, with a rate of 19.9 percent and a growth rate of 3.4 percent. The mining and quarrying industries have also seen growth of 3.5 percent, followed by the water and electricity sector, which grew by 2.8 percent.
Al-Jaghbir expressed that this growth demonstrates the strength and resilience of the industrial sector, its capacity to drive the national economy forward, and its significant contribution to economic development. During the first quarter of this year, industrial exports experienced a notable increase of more than 9.3 percent compared to the same period last year, reaching over 1.9 billion dinars.
These exports accounted for more than 97 percent of the total national exports, reflecting the high demand for Jordanian commodities both regionally and globally, according to Al-Jaghbir.
