GDP Actual Q2 Q3 Q4 Q1 2022
GDP Annual Growth Rate (%) -12.20 8.5 8.5 6.5 3.5 4.5
GDP (USD Billion) 15.00 16.7 16.7 16.7 16.7 17
GDP Constant Prices (USD Million) 3540.60 3916 4145 3696 4069 4252
GDP From Agriculture (USD Million) 242.20 283 300 103 294 308
GDP From Construction (USD Million) 144.40 187 198 250 195 203
GDP From Manufacturing (USD Million) 398.50 406 430 415 422 441
GDP From Mining (USD Million) 12.70 13.12 13.89 19.08 13.63 14.25
GDP From Public Administration (USD Million) 468.90 410 434 467 426 446
GDP From Services (USD Million) 630.90 750 794 767 779 814
GDP From Transport (USD Million) 52.40 68.37 72.37 66.16 71.04 74.23
GDP From Utilities (USD Million) 34.90 49 51.86 42.19 50.91 53.2
Gross Fixed Capital Formation (USD million) 779.30 893 945 865 928 969

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 23.40 28 28 28 26 25
Population (Million) 5.10 5.23 5.23 5.23 5.23 5.33

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 1.29 2 0.9 0.7 0.9 1
CPI Transportation (points) 104.48 96.41 99.62 102 105 103
Consumer Price Index CPI (points) 102.40 102 102 102 102 103
Food Inflation (%) -4.66 1.5 1.2 2.5 3 3.5
Producer Prices (points) 94.95 107 98.82 111 111 111
Producer Prices Change (%) -0.95 3 3 3 3 3

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -352.00 -397 -397 -382 -397 -397
Current Account (USD Million) -292.00 -400 -400 -450 -375 -400
Current Account to GDP (%) -10.70 -13.5 -13.5 -13.5 -13.5 -13.5
Exports (USD Million) 99.90 107 107 111 111 111
Imports (USD Million) 451.90 504 504 508 508 508

Government Actual Q2 Q3 Q4 Q1 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) 915.00 720 762 949 748 781

Housing Actual Q2 Q3 Q4 Q1 2022
Building Permits 2732.00 2200 2300 2500 2600 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.