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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 19.11 USD Billion 2022
GDP Annual Growth Rate 3 % 2Q/23
GDP per capita 2923 USD 2017
Inflation Rate YoY 4.9 % Aug/23
Unemployment Rate 24.7 % 2Q/23
Balance of Trade -558 USD Million | -0.558 B USD Jul/23
Current Account -719 USD Million | -0.719 B USD 2Q/23


GDP Indicators

Indicator Data Period
GDP Value 19.11 USD Billion 2022
GDP Annual Growth Rate 3 % 2Q/23
GDP per capita 2923 USD 2017
GDP Constant Prices 3973 USD Million | 3.973 B USD 2Q/23
GDP From Agriculture  249 USD Million | 0.249 B USD 2Q/23
GDP From Construction  164 USD Million | 0.164 B USD 2Q/23
GDP From Manufacturing  402 USD Million | 0.402 B USD 2Q/23
GDP From Mining  13 USD Million | 0.013 B USD 2Q/23
GDP From Public Administration  469 USD Million | 0.469 B USD 2Q/23
GDP From Services  803 USD Million | 0.803 B USD 2Q/23
GDP From Transport  61.5 USD Million | 0.062 B USD 2Q/23
GDP From Utilities  42.9 USD Million | 0.043 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 18.5 % 2022
Government Spending 838 USD Million | 0.838 USD Billion 2Q/23
Government Budget to GDP 3.6 % 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 111 index points Aug/23
Food Inflation 6.17 % Aug/23
Inflation Rate YoY 4.9 % Aug/23
Producer Prices 110 index points Aug/23
CPI Transportation 110 Index Points Aug/23
Producer Prices Change  4.31 % Aug/23


Trade Indicators

Indicator Data Period
Current Account to GDP -15 % 2022
Balance of Trade -558 USD Million | -0.558 USD Billion Jul/23
Current Account -719 USD Million | -0.719 USD Billion 2Q/23
Exports 141 USD Million | 0.141 USD Billion Jul/23
Imports 700 USD Million | 0.7 USD Billion Jul/23
Tourist Arrivals 1000 Thousand Persons | 1 Million Persons 2020


Money Indicators

Indicator Data Period
Foreign Direct Investment 3230 USD Million | 3.23 B USD 2Q/23


Labor Indicators

Indicator Data Period
Unemployment Rate 24.7 % 2Q/23
Youth Unemployment Rate 36.9 % 2Q/23
Full Time Employment 1132200 Persons | 1132.2 K Persons 2Q/23
Labor Force Participation Rate 44.8 % 2Q/23
Unemployed Persons 379200 Persons | 0.379 Million Persons 2Q/23


Production Indicators

Indicator Data Period
Industrial Production 3.27 % Dec/22
Industrial Production (MoM) 4.98 % Aug/23


Consumer Indicators

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