Jordan tops region in UNIDO competitive industrial index
Industrial sector drives over a quarter of GDP, exports hit record highs amid growth challenges
AMMAN, Jordan (MNTV) — Jordan ranked first in the region for industrial sector contribution to GDP in 2024, according to the Competitive Industrial Performance (CIP) Index issued by the United Nations Industrial Development Organization (UNIDO).
The ranking reflects the strength of Jordan’s national industry and its role in advancing sustainable economic growth in line with the Economic Modernization Vision (EMV), Amman Chamber of Industry President Fathi Jaghbir said during the chamber’s annual general meeting.
Jordan’s industrial exports reached a record JD8.6 billion in 2024, covering more than 145 countries, the Jordan News Agency, Petra, reported.
The sector accounted for over 25.7 percent of GDP, with value added surpassing JD7.6 billion.
Jaghbir warned, however, that high operational costs—including energy prices, raw materials, and shipping fees—remain key challenges.
These costs create a production price gap of roughly 25 percent compared to competitors, limiting the competitiveness of Jordanian products at home and abroad.
The industrial sector is tasked with achieving nearly one-third of EMV’s economic targets, including stimulating growth, generating jobs, and attracting investment.
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