Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»How agriculture is powering Jordan’s economy?
    Commodities

    How agriculture is powering Jordan’s economy?

    April 22, 20253 Mins Read


    The agricultural sector has recently become a key driver of growth and development in Jordan. In 2024, it led the country’s overall economic growth, with a 6.9 per cent increase over the year. In the fourth quarter alone, it grew by 8.4 per cent. Growth was steady throughout the year: 5.7 per cent in the first quarter, 6.2 per cent in the second, and 6 per cent in the third.

    This sector is vital and has shown strong progress. It plays a major role in national security. Agriculture is connected to about 23.5 per cent of Jordan’s economic activity through backward and forward linkages. About 27 per cent of its output is exported, and nearly 52 per cent of its production inputs are locally made.

    Agricultural exports reached about 1.526 billion dinars in 2024, up from 1.1 billion dinars in 2023. That’s a 39 per cent increase (426 million dinars). The top export markets were Saudi Arabia, Kuwait, and Iraq, making up 62 per cent of total exports.

    So, what caused this growth? A big reason is the hard work of the Ministry of Agriculture. Their efforts follow the National Agricultural Strategy, which supports cooperatives, holds exhibitions to share knowledge, and builds strong partnerships with private companies.

    Skilled workers have also helped this growth. More agricultural engineers and veterinarians have been trained and hired. New factories have been built—20 in total—and the quality and amount of production have improved.

    The sector employs around 80,000 people, which is about 5 per cent of Jordan’s workforce. Jordanians make up about 40 per cent of that number. Although the sector lost 33,000 workers over the past ten years, it is now attracting more people again and contributing more to the economy.

    Jordan’s Economic Modernization Vision (EMV) listed agriculture and food security as key priorities. Agriculture was ranked as a high-value sector because it adds a lot to the economy. The sector covers everything from farms to factories to markets. The plan includes nine main initiatives to boost food security and promote local food products both inside and outside the country.

    But the sector still faces challenges. Farmland lacks enough water and resources. Agriculture uses over 50 per cent of Jordan’s water, which is why using treated wastewater is being considered. Many farms are small and scattered, which lowers productivity. Also, although Jordan is near countries with high food demand, some crops are costly and low-yield, which makes it hard to compete in those markets.

    Continued focus on agriculture is crucial. Over the past decade, the sector has grown by 101 per cent, contributing an additional 1.5 billion dinars to the economy. Today, there is a greater recognition of its importance, particularly in ensuring food security and maintaining national stability.

     



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    All On’s Impact Evaluation Report Shows Over One Million Lives Transformed Through Clean Energy Access

    Commodities

    Commodities outlook 2026: gold, silver & oil price forecasts

    Commodities

    The new risks in global energy security – 2 | Number Theory

    Commodities

    Not only gold or silver: These are some other commodities with major gains in 2025: “The future is metal”

    Commodities

    UFO Hunters Believe a Mysterious Metal Shard Could Have Alien Origin

    Commodities

    Harbour Energy Enters U.S. Gulf with Strategic $3.2 Billion Acquisition

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Technology deepens Kenya’s gender violence crisis as online abuse surges

    Commodities

    Bloom Energy Stock To $140 Again?

    Commodities

    Major Chinese agricultural provinces secure grain harvest despite extreme weather

    Editors Picks

    Should you fix your savings for five or more years?

    September 10, 2025

    Bitcoin soars, altcoins fade in US$300bil cryptocurrency shakeout

    June 30, 2025

    Federal Agricultural Mortgage (NYSE:AGM) Reaches New 1-Year High at $202.13

    July 14, 2024

    Understanding Property Deeds

    August 25, 2025
    What's Hot

    Video: Tech Wins, Listings, Legal Limbo, and Fintech Surge: SA’s Innovation Week

    November 8, 2025

    2 Dividend Stocks to Buy and Hold Forever

    March 12, 2025

    Grow London, London Stock Exchange and The Global City partner with London FinTech Summit to connect global finance capitals and drive cross-border collaboration

    August 30, 2025
    Our Picks

    Boosted by cryptocurrency trading growth, eToro files for initial public offering

    March 24, 2025

    Lincoln University climate-smart agriculture project aims to address cost of winter forage production

    October 23, 2024

    Tx24 Cryptocurrency Exchange Unveils Record-Breaking Transactions Speed

    August 27, 2025
    Weekly Top

    United Fintech secures funding to scale FinTech infrastructure

    December 22, 2025

    Fintech Startup Prosperr.io Raises $4 Mn for AI-driven Tax Management

    December 22, 2025

    Commodities outlook 2026: gold, silver & oil price forecasts

    December 22, 2025
    Editor's Pick

    The Best Way to Play Snake Eater Hasn’t Changed With Metal Gear Solid Delta

    August 31, 2025

    Norfolk people win £780,000 in November’s Premium Bonds draw

    November 3, 2025

    Sen. JD Vance speaks on tax cuts, stronger border control, energy policies in Atlanta

    October 26, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.