Macroeconomic Forecast Jordan

October 2008 | Macroeconomic Forecasts

Although Jordan runs large trade deficits - which we expect to come in at US$7.2bn in 2008 (39.0% of GDP), and US$7.1bn in 2009 (33.7% of GDP) - sizeable current transfers, primarily in the form of remittances from Jordanians working in the Gulf and other Arab states, have traditionally supported the current account.

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