Palestine | Economic Forecasts | 2016-2020 Outlook

GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Annual Growth Rate 5.20 1.8 5.2 6.9 6.7 5.5 percent [+]
GDP 6.90 7.2 7.2 6.95 7.4 8.5 USD Billion [+]
GDP per capita 1745.90 1671 1660 1649 1637 1815 USD [+]
GDP per capita PPP 2465.10 2460 2520 2570 2580 2630 USD [+]
Gross Fixed Capital Formation 413.10 435 459 421 471 462 USD million [+]
Gdp Constant Prices 2023.10 2047 2068 2075 2083 2152 USD million [+]
Gdp From Construction 142.80 152 145 146 151 149 USD million [+]
Gdp From Manufacturing 223.70 222 221 220 220 220 USD million [+]
Gdp From Mining 7.30 8.5 9.1 8.61 8.78 8.55 USD million [+]
Gdp From Public Administration 260.10 261 264 263 264 266 USD million [+]
Gdp From Services 423.10 422 424 425 423 425 USD million [+]
Gdp From Utilities 31.60 31.47 30.96 31.17 31.29 31 USD million [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 28.40 26.4 24.3 27.8 27.1 24.9 percent [+]
Population 4.88 4.86 4.93 4.99 5.06 5.5 Million [+]
Full Time Employment 804000.00 820040 824115 758757 797039 675740 [+]
Youth Unemployment Rate 42.60 42.9 42.88 42.92 42.91 42.91 percent [+]
Labor Force Participation Rate 46.10 46.5 46.56 46.69 46.81 48.45 percent [+]
Unemployed Persons 384900.00 371075 361748 380644 363656 362984 [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate -1.05 1.1 1.3 1.7 2 1.5 percent [+]
Producer Prices 102.24 102 102 102 102 102 Index Points [+]
Producer Prices Change 2.06 2.59 2.58 2.59 2.59 2.59 percent [+]
Food Inflation -4.30 -4.11 -3.32 -3.62 -3.58 -3.57 percent [+]
Consumer Price Index Cpi 110.52 111 111 111 111 112 Index Points [+]
Cpi Transportation 101.50 102 102 102 102 102 Index Points [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -320.60 -337 -339 -338 -338 -338 USD Million [+]
Exports 78.90 77.71 77.7 77.69 77.66 77.66 USD Million [+]
Imports 399.50 413 416 415 415 415 USD Million [+]
Current Account -314.40 -589 -475 -490 -509 -518 USD Million [+]
Current Account to GDP -13.50 -16.77 -16.08 -15.39 -14.69 -18.38 percent [+]
Foreign Direct Investment 2504.00 2419 2398 2389 2386 2413 USD Million [+]
Terrorism Index 5.66 5.2 4.99 4.77 4.56 3.66 [+]
Tourist Arrivals 556.00 574 598 622 621 641 Thousand [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 20.00 19 19 19 19 17 percent [+]
Government Budget 0.70 2.21 2.05 1.89 1.73 -0.97 percent of GDP [+]
Government Spending 526.60 529 521 549 521 534 USD million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production -1.70 -0.54 -0.42 -0.48 -0.51 -0.49 percent [+]
Changes In Inventories -24.70 -30.29 -28.93 -29.01 -28.91 -29.04 USD million [+]
Corruption Index 26.00 27.49 27.35 27.21 27.06 26.68 Points [+]
Corruption Rank 107.00 95.28 95.38 95.49 95.59 98.9 [+]





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. 1/20/2017