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Economic Indicators

Private sector small-scale businesses in Palestine constitute the vast majority of economic establishments. The total number of establishments that employ less than 10 employees is 74,562 (96.9%). Small-scale enterprise development has been the key strategy for stimulating economic development and the survival of Palestinians over recent decades.
For more information on business & industry in Palestine , please refer to our search engine.

Indicators 1998 - 2003

Economic Charts
1. GDP by Sector
2. Comparison charts – GDP/GDI
3. Comparison charts – Unemployment/inflation

Monthly Consumer Price Index Numbers by Major Groups of Expenditure (in US Dollars $)
1. overall expenditures
2. food expenditures
3. non-food expenditures

Economic Indicators – West Bank & Gaza

1998

1999

2000

2001*

2002*

Gross National Income (GNI)
(US$ millions)

5,435

5,166

5,419

4,501

3,273

Gross Domestic Product (GDP)
(US$ millions)

4,534

4,289

4,607

4,012

2,951

GNI per Capita (US$ millions)

1,876

1,806

1,797

1,380

1,016

GDP per Capita  (US$ millions)

1,565

1,496

1,535

1,236

921

 

 

 

 

 

 

Real Annual change:

 

 

 

 

 

Real GNI Change (%)

8.6

7.5

-7.1

-17.1

-27.3

Real GDP Change (%)

4.1

7.7

-5.4

-13.2

-26.5

GNI per capita Change (%)

4.3

-3.7

-0.5

-23.2

-26.4

GDP per capita Change(%)

0.0

-4.4

2.6

-19.5

-25.5

Export (%)

14.2

8.5

7.1

-5.5

-34.8

Import (%)

-2.9

11.74

-4.1

-20.8

-17.3

Inflation Rate (%)

5.5

5.5

2.8

1.2

5.7

 

 

 

 

 

 

Stability Indicators:

 

 

 

 

 

Unemployment Rate (%)

14.4

11.8

14.1

25.5

31.3

Exchange Rate (NIS/USD – year end) ¤

3.5

4.2

4.2

4.4

4.8

 

 

 

 

 

 

Foreign Trade & Donor Assistance° :

 

 

 

 

 

Exports (US$ millions)

877

1,006

770

728

785

Imports (US$ millions)

3,257

3,509

3,164

2,506

2,413

Trade Balance (US$ millions)

-2,380

-2,503

-2,394

NA

NA

Donor Assistance (US$ millions)

330.1

464.7

478.84

NA

NA

Except where otherwise specified, all data is from the Palestinian Central Bureau of Statistics
* Estimates.
† Source: World Bank staff estimates, excludes East Jerusalem.
Source: Palestinian Monetary Authority, Palestinian Central Bureau of Statistics. [LINK]
¤ Source: www.xe.com interactive currency table
° Source: West Bank and Gaza update/April-2002/World Bank
NA: Data Not Available

 

Palestinian GDP:

GDP Distribution by economic sector:

 
 
 


Monthly Consumer Price Index Numbers by Major Groups of Expenditure (in US Dollars $)