The Full Lockdown in Jordan, 2020: The Economic Consequences

Hmood H. Banikhalid

International Business Research, 2022, vol. 15, issue 4, 46

Abstract: The study aimed to show the economic impact of the full lockdown, which was taken by the Jordanian government, represented by the disruption of official institutions, universities, schools, and non-essential economic activities from March 20, 2020, to May 31, 2020. The study’s methodology was represented by comparing the economic indicators in 2020 with the previous years (10 years). Three economic indicators were considered- GDP per capita, unemployment rate, and economic growth. The study concluded that each GDP per capita and economic growth in Jordan decreased after the full lockdown, by an acceptable statistical significance. The unemployment rate in Jordan increased after the full lockdown by an acceptable statistical significance.

Date: 2022
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