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Jordan's GDP rises 3.5 percent
Mining sector leads the growth with construction
Published in Ahram Online on 28 - 12 - 2010

Jordan's real GDP rose by 3.5 percent during the third quarter compared to a year on year growth rate of 2.9 percent, according to data released by the country's Department of Statistics.
This compares with the growth rate of 1.9 percent recorded growth for the previous quarter. The nominal GDP for the last quarter was $7.46 billion.
The mining and quarrying sector enjoyed the highest year on year growth, up 78.4 percent, this compares tothe figure of 56.7 percent for the same period last year.
The second largest growth was seen in the agricultural sector whichgrew year on year by 9.1 percent, followed by the wholesale and retail trade and hotels and restaurant sector, which registered a 5.5 percent.
Other sectors recorded positive year on year growth in real terms during the quarter. These include: electricity and water, 4.8 percent; community, social and personal services, 3.9 percent; transport, storage and communications, 3.9 percent.
The construction sector was the only sector to fall, shrinking by 4.6 percent.


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