Jordan: GDP Growth in Third Quarter, 2016

Transcription

1. The Hashemite Kingdom of Jordan PRESS /3rd Q.2016 Date/ 3. Jan.2017 1.8% GDP growth rate at constant prices in the third quarter of 2016 Compared with the same period of 2015 The Department of Statistics issued the results of the quarterly estimates of the GDP at constant prices for the third quarter of 2016. The results show that growth reached 1.8% during the third quarter of 2016 compared with the same quarter of 2015. At the level of production sectors, most economic sectors have shown positive growth during the third quarter of 2016 compared with the third quarter of 2015. According to the report, the Electricity and Water Sector has achieved the highest growth rate at 6.3% in the third quarter of 2016 compared with the same period of 2015 at market constant prices, followed by the Finance, Insurance & Real Estates and Business Services Sector at 4.2%, then the producers of private non-profit services to households Sector by 4.0%, then Social and Personal Services Sector at 3.8%, then the Transport, Storage & Communications Sector at 3.0%, followed by Agricultural at 2.9%. At the level of sector contribution in the achieved growth rate during the third quarter of 2016 (1.8% at constant prices), the Finance, Insurance, Real Estates and Business Services Sector has contributed by 0.82 percentage point of the total achieved growth rate followed by the Transport, Storage & Communications Sector at 0.42 percentage point then, the personal and social services sector has contributed at 0.17 percentage point , the electricity and water sector at 0.16 percentage point, then net tax on products sector by 0.15 percentage point, while manufacturing industries sector and the Wholesale , Retail Trade, Restaurants &Hotels have contributed at 0.11 percentage point.
2. Contribution of the Main Economic Sectors to the GDP for the third quarter of 2016 The Sector The Sectors Contribution (%) The Contribution in the achieved growth* Agriculture 2.9 0.08 Quarrying 1.3 0.11- 16.7 0.11 Electricity and water 2.7 0.16 Construction 5.1 0.04- 11.2 0.11 14.0 0.42 20.0 0.82 4.5 10.1 0.17 0.08 0.4 0.02 6.016.7 0.180.15 Manufacturing Wholesale , Retail Trade, Restaurants &Hotels Transport, Storage &Communications Finance, Insurance & Business services Social & personal Services Producers of Governmental services Producers of private non-profit services to households Imputed bank service charge Net Tax on products Total %100 1.8 *Contribution in percent point