Unemployment Rate in Palestine averaged 23.64 percent from 1995 until 2020, 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. Palestine Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Unemployment Rate in Palestine is expected to be 29.00 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 28.00 in 12 months time. In the long-term, the Palestine Unemployment Rate is projected to trend around 25.00 percent in 2022 and 24.00 percent in 2023, according to our econometric models.