A "noticeable" improvement was made in performance indicators of the Kingdom's economy since the beginning of 2023, overcoming obstacles and challenges, official figures showed. According to the latest and key economic indicators monitored by the Jordan News Agency, Petra for various periods of 2023, the Kingdom’s gross domestic product at current and constant market prices grew by 2.6 percent during the second quarter of 2023, compared to the same period last year.The data revealed that agriculture, hunting, forestry, and fishing sector achieved the highest growth rate during this period at 8.2 percent, followed by the transportation, storage, and communications sector at a 5.2 percent, then the extractive industries sector at a 4.3 percent rate.Additionally, the Kingdom's trade balance deficit dropped by 11.0 percent from the beginning of 2023 until end of September, to reach JD7.078 billion, compared to JD7.957 billion for the same period last year.The value of national exports went down by 2.0 percent until end of September, reaching JD6.272 billion, compared to JD6.402 billion for the same period last year.On the other hand, the value of the Kingdom’s imports plummeted by 7.0 percent from the beginning of 2023 until the end of last September, reaching JD13.842 billion, compared to JD14.890 billion for the same period last year.Moreover, unemployment rate in the Kingdom decreased during the third quarter of 2023 by 0.8 percent, compared to the third quarter last year, and the rate remained stable to record 22.3 percent, compared to the second quarter of 2023. (ICE AMMAN)

Fonte notizia: jordan news