During the previous decade, Jordan witnessed significant economic reforms designed to stimulate growth and increase the flow of foreign direct investment (FDI) into the country. Policy changes, combined with the rise of Jordan as a stable environment in which companies can operate, had transformed the country into an attractive investment area in...
The role of the information and communications technology (ICT) sector in the Jordanian economy has grown tremendously over the past decade. In 2011 ICT generated about 14% of Jordan’s GDP, on par with sectors like the tourism sector, according to official data (see overview). As the industry grows, two key government players are responsible for...
As a share of the overall economy, information and communications technology (ICT) stands out as one of the most productive sectors in Jordan. ICT accounts for the largest share of GDP per worker, generating 14.1% of the kingdom’s GDP, while directly employing just 1.23% of the workforce. The comparably large tourism sector, which generated 14.3% of...
A large number of privatisations were undertaken in Jordan between the mid-1990s and mid-2000s, includ-ing the sale of several large stakes in major industrial firms, notably in the phosphates and potash sectors. Many years after their completion, such sell-offs remain controversial, facing ongoing opposition from employ-ees of some of the companies...
Although the domestic market for IT products has grown in the past few years, the National Information and Communications Technology (ICT) Strategy 2013-17 recognises that supporting expansion will require a renewed focus on exports. The kingdom’s companies have been quite successful in marketing their wares abroad. Export revenues rose from just...
Tourism has long provided a steady flow of revenues to Jordan’s economy, with the sector accounting for 13% of GDP. In 2012 the kingdom’s tourism industry rebounded nicely; tourism receipts increased 15.3% year-on-year from JD2.13bn ($3bn) in 2011 to JD2.46bn ($3.46bn) in 2012. While much of this boost in the sector can be attributed to the...
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