Arab Bank Group Financial Overview slide image

Arab Bank Group Financial Overview

Jordan's economy performed well across all segments in 2023 and has proven to be resilient and stable, with expected growth of 2.6% in 2024 2.5% GDP Growth (%) 1.9% 1.8% 3.7% 2.6% 2.6% 3.3% 2.4% Jordan Inflation Rate (%) 4.5% 1.3% 4.2% Competitive Advantage 63% of population under 30 - young demographic 2.7% 2.1% in,lm il...l -1.1% 2017 2018 2019 2020 2021 2022 2023 2024 GDP composition by sector (2022) Construction 2.7% Mining 2.5% Utilities 1.5% Agriculture 4.8% Services 36.7% 0.8% 0.3% 2017 2018 2019 2020 2021 2022 2023 2024 Key Growth Sectors Tourism Rating B1/BB-/B+ (Moody's, Fitch, S&P) JOD Stable currency, pegged to the US Dollar 99% Mobile network coverage Jordan Economic Modernization Vision Transport 7.7% $49bn Other 13.1% Public Admin. 13.8% البنك العربي ARAB BANK Manufacturing, 17.2% 000 圓樓 Mining Manufacturing Financial Services ICT Source: DOS, World Bank, Invest Jo, Unicef, Amman Stock Exchange 35 Sectors 366 Initiatives ཎྜ 8 Growth Drivers 10 Key success factors 8 Main Goals 004 Monitoring and Evaluation Units 20 20
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