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Amman is the capital city of Jordan. The economic growth of Jordan is stable since many last few years. The gross domestic ratio was 7.5 percent in the year 2004 and 5 percent in the year 2.6 percent. The government is adopting the liberalization policies which are good for the development of the economy. Jordan has shown a good economic performance during last two years. The inflation is controlled by the government but the rising oil prices have become a problem for the government.
The poverty and unemployment is increasing in the country and which is leading to the miserable conditions of the people of Jordan. The contribution of the agriculture sector is 2 percent to the gross domestic product. The major exports of Jordan are flowers, fruits and vegetables. The agriculture sector is facing problem due to the shortage of water. The countries have minor natural resources one of them is phosphate and potassium. The main developing sectors of the country are chemicals, tourism and transport. In manufacturing sector textile is the only dominating industry. Jordan is a member of the world trade organization. It has signed a free trade agreement with the United States of America and with the European Union.
The poverty and unemployment is increasing in the country and which is leading to the miserable conditions of the people of Jordan. The contribution of the agriculture sector is 2 percent to the gross domestic product. The major exports of Jordan are flowers, fruits and vegetables. The agriculture sector is facing problem due to the shortage of water. The countries have minor natural resources one of them is phosphate and potassium. The main developing sectors of the country are chemicals, tourism and transport. In manufacturing sector textile is the only dominating industry. Jordan is a member of the world trade organization. It has signed a free trade agreement with the United States of America and with the European Union.
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