Unemployment Rate in Palestine decreased to 26.40 percent in the second quarter of 2021 from 27.80 percent in the first quarter of 2021. source: Palestinian Central Bureau of Statistics

Unemployment Rate in Palestine averaged 23.68 percent from 1995 until 2021, 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 October of 2021.

Unemployment Rate in Palestine is expected to be 28.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.

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Palestine Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2021-05-17 08:00 AM Q1 27.8% 23.4% 28%
2021-08-09 01:45 AM Q2 26.4% 27.8% 28%
2021-11-08 08:00 AM Q3 26.4%

Palestine Last Unit Reference Previous Highest Lowest
Unemployment Rate 26.40 percent Jun/21 27.80 35.60 8.80
Population 5.10 Million Dec/20 4.98 5.10 1.98
Unemployed Persons 365500.00 Jun/21 383000.00 445800.00 195500.00
Labor Force Participation Rate 42.70 percent Jun/21 42.90 47.10 38.60
Full Time Employment 994300.00 Jun/21 965700.00 1023700.00 67900.00
Youth Unemployment Rate 43.10 percent Mar/21 40.20 49.90 32.90

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.