https://arab.news/bzv9q
RIYADH: Jordan’s domestic revenues climbed 3.6 percent in the first half of 2025 to 4.67 billion dinars ($6.59 billion), bolstered by fiscal measures aimed at strengthening public finances, official data show.
The increase — equivalent to about 164.7 million dinars — came as the government reduced public debt to 35.3 billion dinars, or 90.9 percent of gross domestic product, down from 92.7 percent in May, the state-run Petra news agency reported, citing Central Bank of Jordan figures.
The decline followed the Finance Ministry’s June repayment of $1 billion in maturing Eurobonds, funded through concessional loans secured earlier in the year at a 4.8 percent interest rate. The move allowed Amman to avoid issuing new debt at yields that could have approached 9 percent amid global and regional market pressures.
According to a report in July, domestic revenues rose by about 224.1 million dinars in the first five months of the year, reaching 4.067 billion dinars, compared with 3.843 billion dinars in the same period of 2024.
Tourism revenue for the first seven months of 2025 rose by 8.6 percent, totaling $4.398 billion. That growth occurred despite a 5.6 percent dip in tourism receipts in July, which fell to $721.4 million.
Revenue from visitors of Asian nationalities surged by 41.1 percent, European visitors contributed a 33.8 percent increase, Americans accounted for a 21.7 percent rise, Arab visitors added 7.3 percent, and other nationalities posted a 38.0 percent increase.
Meanwhile, revenue from Jordanian expatriate visitors declined by 2.5 percent.
“The figures showed a 4 percent increase in spending by Jordanians on tourism abroad during the first seven months of 2025, reaching $1.247 billion,” stated the report.
In July alone, that outbound tourism spending rose 7 percent, amounting to $247.4 million.
Jordan’s Economic Modernization Vision identifies tourism as a core pillar of national growth, with the sector positioned to drive inclusive economic development and job creation.
The strategy aims to boost GDP growth to 5.6 percent and attract significant private investment, with 72 percent of the required 41 billion dinars expected from non-government sources.
The National Tourism Strategy 2021-25 supports this vision by promoting sustainable, authentic tourism experiences and strengthening sector competitiveness.
These initiatives form part of broader efforts to diversify revenue streams, enhance fiscal resilience, and position Jordan as a high-value destination for regional and international travelers.