Middle East Economic Survey

VOL. XLVIII

No 16

18-April-2005

JORDAN

High Oil Prices Fail To Dampen Thriving Jordanian Economy In 2004

High oil prices have failed to dampen the growth of the thriving Jordanian economy which grew at a real rate of 6% the highest level since 1995 according to a report by Lebanons Banque Audi. Growth was seen across the board, with particular dynamism in the agricultural, industrial and construction sectors, all driven by strong domestic demand, domestic investment,...