Palestine GDP

The Gross Domestic Product (GDP) in Palestine was worth 6.80 billion US dollars in 2012. The GDP value of Palestine represents 0.01 percent of the world economy. GDP in Palestine is reported by the World Bank. From 1994 until 2012, Palestine GDP averaged 4.4 USD Billion reaching an all time high of 6.8 USD Billion in December of 2012 and a record low of 3.0 USD Billion in December of 1994. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Palestine GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.80 6.42 6.80 3.04 7.47 | 2014/06 1994 - 2012 USD Billion Yearly

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Palestine GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 6.80 2012-12-31 6.42 6.80 3.04 7.47 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 2.60 2013-09-30 1.20 26.03 -21.59 1.62 2014-06-30 Percent [+]
GDP per capita 1653.00 2012-12-31 1609.90 1653.00 879.52 1706.27 2014-06-30 USD [+]
GDP per capita PPP 2465.10 2005-12-31 2324.36 3041.80 2105.52 2475.03 2006-12-31 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Palestine Inflation Rate at 2.58 Percent  
The inflation rate in Palestine was recorded at 2.58 percent in March of 2014. Inflation Rate in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Balance of Trade at -303.30 USD Million  
Palestine recorded a trade deficit of 303.30 USD Million in November of 2013. Balance of Trade in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Industrial Production at -6.90 Percent  
Industrial Production in Palestine decreased 6.90 percent in January of 2014 over the same month in the previous year. Industrial Production in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Unemployment Rate at 25.20 Percent  
Unemployment Rate in Palestine increased to 25.20 percent in the fourth quarter of 2013 from 23.70 percent in the third quarter of 2013. Unemployment Rate in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Current Account at -298.90 USD Million  
Palestine recorded a Current Account deficit of 298.90 USD Million in the third quarter of 2013. Current Account in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Imports at 388.30 USD Million  
Imports in Palestine decreased to 388.30 USD Million in November of 2013 from 394.90 USD Million in October of 2013. Imports in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine Exports at 85.00 USD Million  
Exports in Palestine increased to 85 USD Million in November of 2013 from 71.60 USD Million in October of 2013. Exports in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine GDP Annual Growth Rate at 2.60 Percent  
The Gross Domestic Product (GDP) in Palestine expanded 2.60 percent in the third quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Palestine is reported by the Palestinian Central Bureau of Statistics.
Palestine GDP per capita at 1653.00 USD  
The Gross Domestic Product per capita in Palestine was last recorded at 1653 US dollars in 2012. The GDP per Capita in Palestine is equivalent to 13 percent of the worlds average. GDP per capita in Palestine is reported by the Palestine Monetary Authority.
Palestine GDP at 6.80 USD Billion  
The Gross Domestic Product (GDP) in Palestine was worth 6.80 billion US dollars in 2012. The GDP value of Palestine represents 0.01 percent of the world economy. GDP in Palestine is reported by the World Bank.
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