Palestine | Economic Forecasts | 2016-2020 Outlook

GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 3.90 2.5 1.8 5.2 6.9 5.5 percent [+]
GDP 6.90 7.2 7.2 7.2 6.95 8.5 USD Billion [+]
GDP per capita 1638.12 1637 1643 1648 1653 1815 USD [+]
GDP per capita PPP 2465.10 2460 2520 2570 2580 2630 USD [+]
Gross Fixed Capital Formation 479.10 477 478 472 452 539 USD million [+]
Gdp Constant Prices 2035.20 2062 2077 2102 2113 2359 USD million [+]
Gdp From Construction 153.70 168 152 158 148 158 USD million [+]
Gdp From Manufacturing 224.60 222 220 219 219 219 USD million [+]
Gdp From Mining 8.10 9.09 8.78 9.4 8.89 8.82 USD million [+]
Gdp From Public Administration 256.70 254 253 256 255 256 USD million [+]
Gdp From Services 414.00 408 413 415 413 414 USD million [+]
Gdp From Utilities 28.40 31.05 31.09 30.55 30.65 31.12 USD million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 28.40 27.7 26.4 24.3 27.8 24.9 percent [+]
Population 4.68 4.79 4.81 4.84 4.86 5.09 Million [+]
Unemployed Persons 384900.00 362715 371075 361748 380644 362984 [+]
Youth Unemployment Rate 42.60 42.84 42.9 42.88 42.92 42.91 percent [+]
Labor Force Participation Rate 46.10 46.32 46.5 46.56 46.69 48.45 percent [+]
Full Time Employment 804000.00 876385 820040 824115 758757 675740 [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -1.67 0.8 1.1 1.3 1.7 1.5 percent [+]
Producer Prices 102.19 102 102 102 102 102 Index Points [+]
Producer Prices Change 1.30 2.89 2.68 2.67 2.67 2.67 percent [+]
Food Inflation -5.70 -4.43 -5.56 -5.03 -5.36 -5.29 percent [+]
Consumer Price Index Cpi 110.31 110 110 111 111 112 Index Points [+]
Cpi Transportation 101.10 101 101 101 101 101 Index Points [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -339.90 -343 -343 -344 -344 -344 USD Million [+]
Exports 75.40 75.78 77.24 77.27 77.27 77.24 USD Million [+]
Imports 415.30 418 420 421 422 421 USD Million [+]
Current Account -391.50 -589 -475 -490 -509 -518 USD Million [+]
Current Account to GDP -10.90 -16.33 -15.95 -15.58 -15.2 -15.15 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 2476 2419 2398 2389 2413 USD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 17.30 18 19 19 19 17 percent [+]
Government Budget 3.20 3.59 3.62 3.65 3.69 1.67 percent of GDP [+]
Government Spending 537.40 526 518 509 545 524 USD million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production 3.17 17.47 -1.87 7.53 -1.3 1.63 percent [+]
Changes In Inventories -33.80 -47.7 -52.19 -52.63 -53.12 -52.5 USD million [+]
Corruption Index 26.00 27.06 26.91 26.76 26.61 26.68 Points [+]
Corruption Rank 107.00 95.59 96.76 97.93 99.09 98.9 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 1788.60 1759 1766 1761 1767 1764 USD million [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Construction Spending 1788.60 1759 1766 1761 1767 1764 USD million [+]





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. 12/11/2016