Inflation Jordan 2024
Average inflation: 1.6%
Current Inflation
Inflation is low at 1.6%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 2.0%. The lowest inflation was in October at 0.8%.
- Highest month
- January: 2.0%
- Lowest month
- October: 0.8%
- Difference
- 1.2 percentage points
- Months with data
- 11 of 12
Category Insights
The highest price increase was in Energy with an average of 2.8%. The lowest price increase was in Food with an average of 1.4%.
- Highest increase
- Energy: 2.8%
- Lowest increase
- Food: 1.4%
Historical Context
Current inflation is around the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 1.6%
- All-time high (2008)
- 14%
- All-time low (2015)
- -0.9%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.5 percentage point.
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- February: -2.7 percentage points
ECB Target
Inflation is 0.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 2.0% | -1.8 |
| February | 1.6% | -2.7 |
| March | 1.6% | -2.3 |
| April | 1.3% | -1.6 |
| May | 1.8% | -0.2 |
| June | 1.8% | +0.6 |
| July | 1.9% | +1.0 |
| August | 1.9% | +1.0 |
| September | 1.0% | -0.2 |
| October | 0.8% | -0.6 |
| November | 1.4% | +0.1 |
| Average | 1.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.