GDP up by 3.1% in third quarter

AMMAN – Jordan's economy grew by 3.1 per cent at constant market prices during the third quarter of 2014, the Department of Statistics (DoS) announced on Wednesday.

DoS said, in a report e-mailed to The Jordan Times, that most sectors recorded positive growth during the July-September period compared with the results achieved during the same quarter of 2013.

Mining industries recorded the highest growth rate which reached 43.7 per cent when compared to the third quarter of 2013, followed by the construction sector, which expanded by 12.5 per cent, according to DoS, which indicated that the agricultural sector also saw a tangible growth rate of 7.8 per cent. 

Producers of private services, a not-for-profit sector, grew by 7 per cent, the official data said, adding that the growth of social and personal services stood at 4.6 per cent. 

Wholesale/retail trade and hotels/restaurants sector saw a growth rate of 4.4 per cent, followed by net tax on products by 2.1 per cent.