About Jordan

Why Jordan

Jordan provides an attractive investment climate where the investor can enjoy total customs exemptions on imported fixed assets, ease of licensing and registration procedures, export industries are not subject to customs duties on imported raw materials, free repatriation of capital, profits and salaries.

Moreover, projects approved by the Investment Committee enjoy a ten year exemption from income and social services taxes at the following rates depending on the sector and the area in which the project is located. Some more advantages can also be enjoyed like Jordan’s strategic location near Asia, Africa and Europe, future regional markets, abundance of space and lands, access to foreign markets, competitive qualified labor, conducive investment climate and the fact that Jordan is part of the MENA region which provides a vital economic power.

Jordan Economic Overview

The IMF believes that Jordan’s economy is on a path to stronger growth next year, though regional conflicts in Syria and Iraq continue to weigh on its economy.
The IMF believes that Jordan’s economy is on a path to stronger growth next year, though regional conflicts in Syria and Iraq continue to weigh on its economy.
The economic outlook is positive. Growth is expected to increase to 3.8% in 2015 while the current account would further narrow to 5.9% of the GDP.The IMF projection for economic growth is lower than the forecast of the government, which based its 2015 draft budget law on a 4% expansion in the GDP.
Growth is expected to increase to 3.1% this year while unemployment has declined to 11.4% in the third quarter. Inflation has also declined, primarily reflecting a slowdown in food and fuel prices, and stood at 2.4% year-on-year in November. The current account deficit continues to narrow and is estimated at 7.9 % for the GDP for 2014 as a whole.