Khaberni - Local and global statistical data showed that inflation rates in the Kingdom over the past five years were generally lower than their global counterparts, reaching 2.198% in the Kingdom, compared to 5.194% globally.
The data clearly indicates that Jordan managed to control the wave of inflation that the world entered in the recent years, spanning from 2021 to the end of last year 2025.
The global inflation crisis began in 2021 with life returning to normal after the receding coronavirus pandemic and increased demand for goods, raising the global inflation rate to 3.48%, while it remained at a low level in Jordan, only reaching 1.35%.
In 2022, the world faced the real peak of the crisis due to maritime shipping problems and rising global energy prices, pushing global inflation to its highest levels at 7.93%.
Despite this, Jordan showed significant resilience, and the inflation rate was 4.23% thanks to measures taken by the Kingdom and support provided for certain basic goods and oil derivatives, alongside decisions by the central bank.
During the pandemic, which is considered the biggest health crisis the world has faced, the local market did not experience a shortage of goods and commodities despite disruptions in supply chains and transportation and higher shipping prices in various modes, while the wheel of industry kept turning, providing many of the basic products needed by citizens, especially sanitization and cleaning supplies and food items.
With the onset of 2023, central banks around the world began raising interest rates to calm the markets, and global inflation declined to 5.73%, while inflation in Jordan declined more rapidly to stabilize at 2.08%, due to the prudent policies adopted by the central bank.
This stability continued in 2024, where Jordan recorded a further decline in inflation, reaching 1.56%, benefiting from improved global shipping and supply movements, which recorded a total inflation of 4.70%.
At the end of last year 2025, while global inflation was close to 4.1% with continuing inflation in the service sectors of advanced countries, Jordan for the entire year 2025 recorded a slight increase stopping at 1.77, due to developments in prices of non-essential goods for citizens.
The path of inflation rates in the Kingdom over the past five years indicates that the proactive steps and flexible monetary policies of the Central Bank of Jordan succeeded in keeping prices within safe and acceptable limits for citizens and commercial sectors, providing a stable economic environment despite all the challenging and unstable conditions experienced in the region.
According to the Central Bank of Jordan, last year's inflation rate in the Kingdom was in line with its estimates at a level less than 2%, with expectations for it to stabilize around this rate for the current year 2026, maintaining purchasing power and enhancing the investment environment.
Since the onset of tensions in the region at the end of March last year, the region has experienced a severe economic shock, the largest in decades due to military operations and the halt of navigation in the Strait of Hormuz, leading to a wave of inflation and threatening supply chains, where shipping costs increased, fuel and fertilizer prices doubled, and growth contracted, resulting in strong inflationary pressures that threatened food security in importing countries.
According to the latest World Bank report, the outbreak of the war in the Middle East and the supply chain shock pushed global inflation to rise again to point the overall price index toward 4 percent for 2026, driven by rising energy prices and basic goods by 22% and a jump in shipping and marine insurance costs.
These data, which came in the "Global Economic Prospects" report issued by the World Bank, led the World Bank to reduce global growth forecasts to 2.5% compared with 2.9% last year, due to recessionary inflationary pressures.
According to the latest report from the Department of Statistics, local inflation rate receded during the first five months of this year, where it reached 1.88% compared to 1.97% for the same period last year.
Moreover, international statistical figures indicate that inflation in Turkey reached 32% during the last May, and 13 percent in Egypt, while in Tunisia, Russia, and Brazil it was 5.5, 5.3, and 4.4 percent respectively.
Inflation rates during the last May of the current year equaled, in both Australia and the United States of America, recording 4.2% for each, followed by South Africa with a rate that stabilized at 4%.
In the Eurozone and the Sultanate of Oman, the indicators recorded during last May matched at 3.2%, while South Korea recorded an inflation rate of 3.1%, as it equaled the pace in Canada and the United Kingdom to stabilize at around 2.8% for each.
Conversely, the Kingdom of Saudi Arabia and the Kingdom of Morocco recorded the same lowest rate during last May of this year among these countries, with a rate of 1.7% for each, while the inflation rate in the United Arab Emirates during the first quarter of this year reached 1.4%.
