The industrial sector plays a major role in contributing to the consolidation of the pillars of economic and social development as this is evident through its active contributions as one of the main pillars in driving economic growth, in addition to its great role in employment, attracting quality investments, accessing global markets and showing the image and identity of Jordanian products.
The industrial sector contributes directly to about a quarter of the national economy (25% of the gross domestic product). This contribution increases to 40% due to its close ties with various economic sectors and its role in increasing their activity.
The industrial sector also employs approximately 245,000 workers, most of whom are Jordanians working in approximately 18,000 industrial establishments scattered in all governorates of the Kingdom constituting about 21% of the total Jordanian workforce; this percentage increases to reach about 28% of the total volume of employment in the private sector; and they earn more than a billion and a half dinars in wages and compensations through which they support about a fifth of Jordan's population.
The industry also contributes to enhancing the Jordanian dinar exchange rate and its stability by supplying the Kingdom's official foreign exchange reserves with more than $ 9 billion annually. As a result of its acquisition of more than 90% of the total national exports, this achieved growth of nearly 10% during 2019 and reached about 140 countries around the world. This confirms the quality and international standards enjoyed by the industrial products, in addition to the industry's acquisition of more than 70 % of the investment flowing into the Kingdom during the past decade, and therefore it is considered an attractive sector for investment.