GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -11.20 2.5 8.5 7.5 6.5 4.5
GDP (USD Billion) 15.00 16.7 16.7 16.7 16.7 17
GDP Constant Prices (USD Million) 3820.40 3916 4145 4107 4069 4252
GDP From Agriculture (USD Million) 276.40 283 300 297 294 308
GDP From Construction (USD Million) 182.80 187 198 197 195 203
GDP From Manufacturing (USD Million) 396.20 406 430 426 422 441
GDP From Mining (USD Million) 12.80 13.12 13.89 13.76 13.63 14.25
GDP From Public Administration (USD Million) 400.40 410 434 430 426 446
GDP From Services (USD Million) 731.40 750 794 786 779 814
GDP From Transport (USD Million) 66.70 68.37 72.37 71.7 71.04 74.23
GDP From Utilities (USD Million) 47.80 49 51.86 51.39 50.91 53.2
Gross Fixed Capital Formation (USD million) 871.00 893 945 936 928 969

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 23.40 29 28 28 28 25
Population (Million) 4.98 5.23 5.23 5.23 5.23 5.33

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) -0.59 1.5 3.2 2.9 2.5 2.5
Producer Prices (points) 93.82 107 98.82 99.23 111 111
Producer Prices Change (%) -4.60 3.5 3 3 3 3
CPI Transportation (points) 102.66 100 97.54 102 104 107
Consumer Price Index CPI (points) 100.74 104 103 104 104 107
Food Inflation (%) -3.75 3.5 3.5 3.5 3.5 3.5

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (USD Million) -387.10 -382 -397 -397 -382 -382
Current Account (USD Million) -200.00 -350 -400 -450 -450 -400
Current Account to GDP (%) -10.70 -13.5 -13.5 -13.5 -13.5 -13.5
Exports (USD Million) 128.30 107 107 107 111 111
Imports (USD Million) 515.40 504 504 504 508 508

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 16.40 18.8 18.8 18.8 18.8 18.2
Government Budget (% of GDP) -0.50 -3.2 -3.2 -3.2 -3.2 0.5
Government Spending (USD million) 702.00 720 762 755 748 781

Housing Actual Q1 Q2 Q3 Q4 2022
Building Permits 1974.00 2000 2200 2300 2500 2500


This page has economic forecasts for Palestine including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Palestine economy.