The commercial industrial gases market in Jordan is estimated to have generated revenues of just under $28 million in 2014. This is up from $15 million in 2004, indicating an average annual growth rate of 6.3% for the decade.
The Jordanian economy is one of the smallest in the Middle East. Between 2004 and 2014 it grew by an average of 5.8% p.a.
Since 2009 the global economic slowdown and regional turmoil have conspired to depress GDP growth substantially, impacting export-oriented sectors, construction, and tourism. The country also continues to experience substantial stress in relation to its budgetary and balance-of-payment obligations.
Report Data: 2017
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