The Role of Foreign Direct Investment in Economic Growth of Jordan

Abstract

Foreign Direct Investment (FDI) has been one of the major sources of economic growth in Jordan and has become an important channel for improving Jordanian economy and financial systems. The purpose of this study is to identify the role of FDI in economic growth of Jordan .The study covered the period started in 2010. Foreign Direct Investment as each type of Foreign or Foreign local association driven speculation, goes for creating work, raise profitability, exchange abilities and innovation and in addition improve fares and add to the long-haul monetary development of the world's creating nations. This study shows how does the Jordanian economy was affected by FDI since 2010.It shows that Jordanian economic performances influenced positively by foreign investment and its gross national investment also has capitalized its economy. It also showed that trade has a positive impact on economic growth. In Jordan's latest reports, the current account recorded a deficit of $1.2 billion in June 2018. Foreign Direct Investment (FDI) increased by $273.3 million in June 2018. In June 2018, Jordan's Direct Investment Abroad expanded by $3.2 million. Its Foreign Portfolio Investment decreased by $ 138.5 million in June 2018.