AMMAN, April 7 (Xinhua) -- Net foreign direct investment (FDI) inflows into Jordan reached approximately 1.637 billion U.S. dollars in 2024, representing 3.1 percent of the country's gross domestic product (GDP), the state-run Petra news agency reported on Monday.

Arab countries accounted for 64.8 percent of the total inflows, led by the Gulf Cooperation Council (GCC) countries, which contributed 32.5 percent of the total FDI. Kuwait led the GCC contributions with 9.1 percent of the total, followed by Saudi Arabia at 8.2 percent, the United Arab Emirates at 7.1 percent, and Qatar at 4.5 percent.

European countries made up 21.4 percent of the FDI inflows into the kingdom in 2024, with Britain leading at 8.3 percent.

In terms of sectoral distribution, the financial and insurance sector attracted 23.4 percent of total inflows in 2024, followed by the information and communications sector with 10 percent, the mining and quarrying sector with 9.1 percent, transportation and storage with 8.4 percent, wholesale and retail trade with 7.7 percent, and the manufacturing sector with 7.6 percent.

Investments by non-Jordanian individuals in land and real estate accounted for 19.1 percent of total FDI inflows into the kingdom in 2024, according to Petra. Enditem

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