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Jordan Real GDPJordan Real GDPJordan Real GDP

Jordan Real GDP

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Key data points


Last release
—
Observation period
Q2 2024
Next release
—
Forecast
—
Highest
‪9.38 B‬ JOD on Jun 30, 1999
Lowest
‪1.26 B‬ JOD on Mar 31, 2005

About Jordan Real GDP


Category
GDP
Source
Department of Statistics
Frequency
Quarterly
Units
JOD

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GDP From Public Administration
JOGDPPC
GDP Per Capita
JOGDPPCP
GDP Per Capita PPP
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Frequently Asked Questions


Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Jordan Real GDP was 8.18 B JOD, and the quarter before that it reached 7.676 B JOD.