GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) -0.50 1.6 2.1 1.8 1.9 2
GDP (USD Billion) 8.00 8.25 8.25 8.25 8.25 8.5
GDP per capita (USD) 1997.30 2249 2249 2212 2212 2249
Gross Fixed Capital Formation (USD million) 815.80 754 755 823 831 848
GDP Constant Prices (USD Million) 3486.50 3405 3386 3518 3553 3624
GDP From Agriculture (USD Million) 97.10 103 105 97.97 98.94 101
GDP From Construction (USD Million) 236.10 221 218 240 241 245
GDP From Manufacturing (USD Million) 391.10 362 370 395 399 406
GDP From Mining (USD Million) 18.00 14.33 18.28 18.32 18.34 18.71
GDP From Public Administration (USD Million) 440.90 471 428 449 449 458
GDP From Services (USD Million) 723.70 699 690 730 737 752
GDP From Transport (USD Million) 62.40 61.59 56.39 62.96 63.59 64.86
GDP From Utilities (USD Million) 39.80 37.4 35.37 40.16 40.56 41.37
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 0.45 1.7 1.9 2.4 2.2 3.5
Food Inflation (%) 1.77 5 2.5 0.51 2.6 3.5
Consumer Price Index Cpi (Index Points) 110.85 112 113 114 113 117
CPI Transportation (Index Points) 103.96 102 105 106 106 110
Producer Prices (Index Points) 101.42 105 108 108 107 110
Producer Prices Change (%) 2.40 2.9 3 3.1 2.9 3
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -395.20 -381 -382 -382 -382 -382
Current Account (USD Million) -444.70 -480 -420 -440 -500 -450
Current Account to GDP (%) -10.80 -12.5 -12.5 -12.5 -12.5 -13
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 17.50 18 18 18 18 17
Government Budget (% of GDP) 2.30 2.3 2.3 2.3 2.3 2.3
Government Spending (USD million) 894.70 892 855 911 912 930
Business Actual Q1 Q2 Q3 Q4 2020
Industrial Production (%) 1.00 0.71 0.21 0.19 0.23 0.25


This page has 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.