Jordan Central Bank leaves interest rates unchanged

The Open Market Operations Committee of the Central Bank of Jordan (CBJ) decided during its third meeting of the year to keep interest rates on all monetary policy instruments unchanged.

The main interest rate in Jordan stands at 6.5, according to the CBJ's website. 

The central bank said that current indicators reflect strong monetary stability in the Kingdom, supported by record-high foreign reserves, which reached USD 22.8 billion by the end of April 2025—enough to cover approximately 8.8 months of the country’s imports of goods and services.

The bank’s report showed that inflation remained steady at 2.0 percent during the first quarter of 2025, with projections placing it around 2.2 percent for the full year.

Banking sector indicators also showed robust performance. Customer deposits rose by 6.8 percent year-on-year to approximately JD 47.4 billion as of the end of March 2025, while credit facilities granted by banks grew by 3.9 percent to about JD 35.2 billion.

In the external sector, the report noted that tourism revenues increased by 8.9 percent in Q1 2025, reaching USD 1.7 billion. Remittances from Jordanians abroad also rose by 2.0 percent in the first two months of the year, totaling around USD 606 million.

Total exports grew by 9.2 percent over the same period, amounting to nearly USD 2.0 billion.

Foreign direct investment (FDI) inflows to Jordan reached about USD 2.1 billion in 2024, reflecting investor confidence in the country’s investment climate.

Jordan’s economy recorded 2.5 percent growth in 2024, with expectations of a rise to 2.7 percent in 2025, driven by improved domestic and external demand.