Unemployment Rate in Palestine decreased to 24.60 percent in the third quarter of 2019 from 26 percent in the second quarter of 2019.

Unemployment Rate in Palestine averaged 23.78 percent from 1995 until 2019, reaching an all time high of 35.60 percent in the third quarter of 2002 and a record low of 8.80 percent in the second quarter of 2000. This page provides - Palestine Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Palestine is expected to be 23.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Palestine to stand at 22.50 in 12 months time. In the long-term, the Palestine Unemployment Rate is projected to trend around 22.00 percent in 2020, according to our econometric models.

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Palestine Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
24.60 26.00 35.60 8.80 1995 - 2019 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2018-05-08 07:40 AM Q1 30.2% 24.5% 29.1%
2018-08-07 08:55 AM Q2 32.4% 30.2% 29.8%
2018-11-09 02:00 AM Q3 31.7% 32.4% 29.4%
2019-02-14 01:00 AM Q4 29.1% 31.7% 26.30%
2020-02-13 09:00 AM Q4 24.6% 24.5%
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Palestine Unemployment Rate
In Palestine, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.