Palestine | Economic Forecasts | 2016-2020 Outlook

GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 1.30 5.2 6.9 6.7 5.6 5.5 percent [+]
GDP 8.00 7.2 8.06 7.4 8.12 8.5 USD Billion [+]
GDP per capita 1997.30 1955 2052 2149 2170 2249 USD [+]
GDP per capita PPP 2465.10 2463 2517 2572 2581 2626 USD [+]
Gross Fixed Capital Formation 413.10 459 421 471 432 462 USD million [+]
Gdp Constant Prices 1997.30 2041 2050 2045 2049 2096 USD million [+]
Gdp From Construction 166.60 153 153 162 161 159 USD million [+]
Gdp From Manufacturing 226.80 223 223 222 222 222 USD million [+]
Gdp From Mining 7.10 7.89 8.32 8.14 8.23 8.05 USD million [+]
Gdp From Public Administration 261.60 264 264 264 264 266 USD million [+]
Gdp From Services 402.20 415 416 408 411 411 USD million [+]
Gdp From Utilities 29.00 30.38 30.51 30.37 30.48 30.93 USD million [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 25.70 24.3 27.8 27.1 26.19 24.9 percent [+]
Population 4.81 4.85 4.88 4.91 4.94 5.22 Million [+]
Unemployed Persons 346000.00 342590 366573 344657 352005 343465 [+]
Youth Unemployment Rate 41.60 42.41 42.34 42.29 42.36 42.38 percent [+]
Labor Force Participation Rate 45.20 45.22 45.37 45.34 45.36 45.35 percent [+]
Full Time Employment 970100.00 889509 836049 899384 816696 817755 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.65 1.3 1.7 2 2.3 1.5 percent [+]
Producer Prices 98.85 98.78 99.02 99.16 99.24 99.32 Index Points [+]
Producer Prices Change -0.40 1.16 1.56 1.77 1.86 2.02 percent [+]
Food Inflation 2.84 1.85 2.64 2.49 2.52 2.53 percent [+]
Consumer Price Index Cpi 112.55 113 113 114 114 118 Index Points [+]
Cpi Transportation 101.97 102 102 102 102 102 Index Points [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -343.00 -342 -348 -348 -347 -348 USD Million [+]
Exports 79.00 81.58 81.46 81.57 81.55 81.55 USD Million [+]
Imports 422.00 420 428 428 427 428 USD Million [+]
Current Account -365.10 -381 -384 -372 -370 -376 USD Million [+]
Current Account to GDP -13.50 -16.08 -15.39 -14.69 -15.47 -18.38 percent [+]
Terrorism Index 5.66 5.15 5.18 5.2 4.99 3.66 [+]
Tourist Arrivals 556.00 574 598 622 621 641 Thousand [+]
Foreign Direct Investment 2504.00 2398 2389 2386 2394 2413 USD Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 20.00 19 19 19 18.18 17 percent [+]
Government Budget 0.70 2.05 1.89 1.73 1.27 -0.97 percent of GDP [+]
Government Spending 526.60 521 549 521 542 534 USD million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 0.00 2.01 1.21 1.15 1.16 1.17 percent [+]
Changes In Inventories -24.70 -28.93 -29.01 -28.91 -29.18 -29.04 USD million [+]
Corruption Index 26.00 27 27 27 27 27 Points [+]
Corruption Rank 107.00 95 95 96 97 99 [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Building Permits 2406.00 3094 2760 2675 2445 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. 4/24/2017