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 25.70 26.4 24.3 27.8 27.1 24.9 percent [+]
Population 4.81 4.81 4.85 4.88 4.91 5.22 Million [+]
Unemployed Persons 346000.00 345084 342590 366573 344657 343465 [+]
Youth Unemployment Rate 41.60 42.3 42.41 42.34 42.29 42.38 percent [+]
Labor Force Participation Rate 45.20 45.38 45.22 45.37 45.34 45.35 percent [+]
Full Time Employment 970100.00 846659 889509 836049 899384 817755 [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 0.62 1.1 1.3 1.7 2 1.5 percent [+]
Producer Prices 99.05 99.88 100 101 101 101 Index Points [+]
Producer Prices Change -1.12 1.72 1.43 1.74 1.95 2.19 percent [+]
Food Inflation -2.35 -3.26 -3.12 -3.28 -3.18 -3.21 percent [+]
Consumer Price Index Cpi 111.35 111 112 112 112 114 Index Points [+]
Cpi Transportation 102.31 102 102 102 102 102 Index Points [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -343.00 -340 -342 -348 -348 -348 USD Million [+]
Exports 79.00 80.41 81.58 81.46 81.57 81.55 USD Million [+]
Imports 422.00 419 420 428 428 428 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 [+]
Terrorism Index 5.66 5.2 4.99 4.77 4.56 3.66 [+]
Tourist Arrivals 556.00 574 598 622 621 641 Thousand [+]
Foreign Direct Investment 2504.00 2419 2398 2389 2386 2413 USD Million [+]
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 13.57 6.44 2.27 1.36 1.41 1.46 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 [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Building Permits 2406.00 2106 3094 2760 2675 2508 [+]





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. 3/25/2017