Palestine Government Debt To GDP

Palestine recorded a Government Debt to GDP of 24.20 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Palestine is reported by the Palestine Monetary Authority. From 1999 until 2012, Palestine Government Debt To GDP averaged 22.7 Percent reaching an all time high of 28.0 Percent in December of 2007 and a record low of 9.4 Percent in December of 1999. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Palestine Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
24.20 22.60 28.00 9.40 25.48 | 2014/06 1999 - 2012 Percent Yearly

TO

Palestine Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 24.20 2012-12-31 22.60 28.00 9.40 25.48 2014-06-30 Percent [+]
Government Budget -0.80 2012-12-31 -1.10 4.30 -8.20 -0.99 2014-06-30 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


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.
MORE RELATED NEWS

LATEST NEWS

South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News