GDP Actual Q3 Q4 Q1 Q2 2022
GDP Annual Growth Rate (%) -6.00 5.5 7.5 3.5 4 4.5
GDP (USD Billion) 15.00 16.7 16.7 16.7 16.7 17
GDP Constant Prices (USD Million) 3607.50 3699 3806 3734 3752 3977
GDP From Agriculture (USD Million) 234.10 250 260 242 243 272
GDP From Construction (USD Million) 154.30 141 155 160 160 162
GDP From Manufacturing (USD Million) 391.50 420 428 405 407 448
GDP From Mining (USD Million) 13.70 12.55 13.65 14.18 14.25 14.27
GDP From Public Administration (USD Million) 459.80 432 504 476 478 527
GDP From Services (USD Million) 675.10 676 678 699 702 709
GDP From Transport (USD Million) 55.90 62.77 56.33 57.86 58.14 58.86
GDP From Utilities (USD Million) 36.50 35.76 37.52 37.78 37.96 39.21
Gross Fixed Capital Formation (USD million) 802.90 761 838 831 835 875

Labour Actual Q3 Q4 Q1 Q2 2022
Unemployment Rate (%) 27.80 28 28 26 26 25
Population (Million) 5.10 5.23 5.23 5.23 5.23 5.33

Prices Actual Q3 Q4 Q1 Q2 2022
Inflation Rate (%) 2.13 0.9 0.7 0.9 0.8 1
Producer Prices (points) 97.91 107 111 111 111 111
Producer Prices Change (%) 5.00 3 3 3 3 3
CPI Transportation (points) 99.77 99.62 102 105 101 103
Consumer Price Index CPI (points) 101.84 102 102 102 103 103
Food Inflation (%) 3.25 1.2 2.5 3 3 3.5

Trade Actual Q3 Q4 Q1 Q2 2022
Balance of Trade (USD Million) -358.40 -397 -397 -397 -397 -397
Current Account (USD Million) -428.00 -400 -400 -375 -375 -400
Current Account to GDP (% of GDP) -10.70 -13.5 -13.5 -13.5 -13.5 -13.5
Exports (USD Million) 103.30 107 111 111 111 111
Imports (USD Million) 461.70 504 508 508 508 508

Government Actual Q3 Q4 Q1 Q2 2022
Government Debt to GDP (% of 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) 822.20 854 984 851 855 1028

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