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Economy of Palestine. Statistics, Data and Indicators

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Palestine
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Palestine


Palestine Major Economic Indicators

Indicator Data Period
GDP Value 18.04 USD Billion 2021
GDP Annual Growth Rate 5 % 3Q/22
GDP per capita 2923 USD 2017
Inflation Rate YoY 4.03 % Feb/23
Unemployment Rate 23 % 4Q/22
Balance of Trade -581 USD Million | -0.581 B USD Jan/23
Current Account -905 USD Million | -0.905 B USD 4Q/22


GDP Indicators

Indicator Data Period
GDP Value 18.04 USD Billion 2021
GDP Annual Growth Rate 5 % 3Q/22
GDP per capita 2923 USD 2017
GDP Constant Prices 3910 USD Million | 3.91 B USD 3Q/22
GDP From Agriculture  209 USD Million | 0.209 B USD 3Q/22
GDP From Construction  173 USD Million | 0.173 B USD 3Q/22
GDP From Manufacturing  414 USD Million | 0.414 B USD 3Q/22
GDP From Mining  12.3 USD Million | 0.012 B USD 3Q/22
GDP From Public Administration  451 USD Million | 0.451 B USD 3Q/22
GDP From Services  816 USD Million | 0.816 B USD 3Q/22
GDP From Transport  60 USD Million | 0.06 B USD 3Q/22
GDP From Utilities  44.7 USD Million | 0.045 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 21.3 % 2021
Government Spending 784 USD Million | 0.784 USD Billion 3Q/22
Government Budget to GDP 1.9 % 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Feb/23
Food Inflation 5.39 % Feb/23
Inflation Rate YoY 4.03 % Feb/23
Producer Prices 106 index points Jan/23
CPI Transportation 109 Index Points Feb/23
Producer Prices Change  3.19 % Jan/23


Trade Indicators

Indicator Data Period
Current Account to GDP -8.2 % 2021
Balance of Trade -581 USD Million | -0.581 USD Billion Jan/23
Current Account -905 USD Million | -0.905 USD Billion 4Q/22
Exports 153 USD Million | 0.153 USD Billion Jan/23
Imports 734 USD Million | 0.734 USD Billion Jan/23
Tourist Arrivals 1000 Thousand Persons | 1 Million Persons 2020


Money Indicators

Indicator Data Period
Foreign Direct Investment 3116 USD Million | 3.116 B USD 4Q/22


Labor Indicators

Indicator Data Period
Unemployment Rate 23 % 4Q/22
Youth Unemployment Rate 35 % 4Q/22
Full Time Employment 1141900 Persons | 1141.9 K Persons 4Q/22
Labor Force Participation Rate 45 % 4Q/22
Unemployed Persons 354700 Persons | 0.355 Million Persons 4Q/22


Production Indicators

Indicator Data Period
Industrial Production 14.13 % Dec/21
Industrial Production (MoM) -3.09 % Jan/23


Consumer Indicators

Indicator Data Period
Consumer Spending 2963.8 USD Million | 2.96 USD Billion 3Q/18