FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT JUNE 2012
AMMAN STOCK EXCHANGE
CAPITAL MARKET DEVELOPMENT AND ECONOMIC OUTLOOK
The Jordanian Economy is expected to achieve
a positive growth during 2011. The International
Monetary Fund estimates that the growth in
Jordan’s real GDP for the three quarter of the
year 2011 will reach 2.4%. Inflation during 2011
has reached to 4.4% due to higher international
fuel and food prices.
As for the monetary policy, the Central Bank of
Jordan has increased the re-discount rate from
4.25% at the end of 2010 to 4.50% at the end
of 2011. Interest rate on 6-month Treasury Bills
rose from 2.3% at the end of 2010 to 3.2% at
the end of 2011, while the weighted average of
interest rates for loans went down to 8.7% at the
end of 2011 compared with 9.0% at the end of
2010.
Domestic liquidity measured by Money
Supply (M 2 ) grew by 8.1% at the end of 2011
compared with its levels at the end of 2010.
Foreign currency reserves at the Central Bank
of Jordan decreased by 14.1% at the end of
2011 compared with the end of 2010 reaching
US$10.5 billion.
Regarding the fiscal policy, public revenues
showed an increase of 20.3% at the end of
November 2011 compared with the same
period in 2010, while public spending showed
an increase of 15.8% for the same period.
As for to the External Sector, Jordanian exports
and re-exports have risen by 15.5% at the end
of October 2011 compared with the same
period of 2010, while imports have risen by
17.3% during the same period.
JORDAN ECONOMIC CHARTS AND TABLES
Nominal GDP at Market Prices US$ millions
Inflation %
Money Supply (M2) US$ millions
Population (In Millions)
Per Capita GDP at Current Market Prices US$ millions
Exports,f.o.b. US$ millions
Imports,f.o.b. US$ millions
Direct Foreign Investment in Jordan US$ millions
2006 2007 2008 2009 2010 2011
15,645.4
6.25
19,900.8
5.6
2,793.8
5,204.4
10,260.4
3,544.0 17,765.4
4.7
22,012.4
5.7
3,104.2
5731.5
12,183.1
2,622.1 22,719.3
13.9
25,816.9
5.9
3,883.6
7,945.0
15,116.2
2,828.9 25,127.8
-0.7
28,227.5
6.0
4,202.0
6,384.1
12,658.8
2,430 26,462.62
5
31,462.2
6.1
4,328.9
7,038.2
13,841.9
1,703.8 2,1081.7 a
4.4
34,018.2
6.2
-
5,985.75 b
11,963.33 b
1,172.21 b
(a) September 2011
(b) Jan. - Sept 2011
Key Information Contacts
Jordan Securities Commission www.jsc.gov.jo
Securities Depository Center www.sdc.com.jo
Jordan Investment Board www.jordaninvestment.com
Arab Monetary Fund www.amf.org.ae
Nominal GDP
(US$ millions)
Ministry of Finance www.mof.gov.jo
Central Bank of Jordan (CBJ) www.cbj.gov.jo
National Information Center www.nic.gov.jo
Department of Statistics www.dos.gov.jo
Inflation
(%)
30,000 15
25,000 12
20,000
9
15,000
6
10,000
3
5,000
0
0
2006
2007
2008
2009
2010
2011
-3
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2006
2007
2008
2009
2010
2011