Scattered Clouds
clouds

18 April 2024

Amman

Thursday

71.6 F

22°

Home / Business

Gross Domestic Product up 2.7pct in Q3 of 2023

31-12-2023 02:28 PM


Ammon News - The Gross Domestic Product (GDP) at current and constant market prices exhibited a 2.7 percent growth in the third quarter of 2023 compared to the corresponding period last year, as reported by the Department of Statistics' (DoS) quarterly update on Sunday.

The GDP at constant market prices also saw a 2.7 percent increase during the January-September period of the current year in comparison to the same period last year.

As for sectoral estimates, preliminary data disclosed that all economic sectors experienced growth during this timeframe, according to the DoS.

The report highlighted the hotels and restaurants sector as the top performer, achieving a growth rate of 6.3 percent, contributing 0.11 percentage points to the overall growth rate. Following closely was the transportation, storage, and communications sector at 5.3 percent, contributing 0.44 percentage points, trailed by the agriculture, hunting, forestry, and fishing sector with a growth rate of 5.1 percent and a contribution of 0.20 percentage points. The manufacturing industries sector also played a role with a growth rate of 3.9 percent, contributing 0.73 percentage points to the overall achieved growth rate. Petra




No comments

Notice
All comments are reviewed and posted only if approved.
Ammon News reserves the right to delete any comment at any time, and for any reason, and will not publish any comment containing offense or deviating from the subject at hand, or to include the names of any personalities or to stir up sectarian, sectarian or racial strife, hoping to adhere to a high level of the comments as they express The extent of the progress and culture of Ammon News' visitors, noting that the comments are expressed only by the owners.
name : *
email
show email
comment : *
Verification code : Refresh
write code :