Unemployment Rate in Palestine increased to 27.80 percent in the first quarter of 2021 from 23.40 percent in the fourth quarter of 2020. source: Palestinian Central Bureau of Statistics

Unemployment Rate in Palestine averaged 23.68 percent from 1995 until 2021, reaching an all time high of 35.60 percent in the third quarter of 2002 and a record low of 8.80 percent in the second quarter of 2000. This page provides - Palestine Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Palestine Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2021.

Unemployment Rate in Palestine is expected to be 28.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Palestine to stand at 26.00 in 12 months time. In the long-term, the Palestine Unemployment Rate is projected to trend around 25.00 percent in 2022 and 24.00 percent in 2023, according to our econometric models.

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Palestine Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
27.80 23.40 35.60 8.80 1995 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-10 02:00 AM Q2 26.6% 25% 25%
2020-11-09 01:30 AM Q3 28.5% 26.5% 25.5%
2021-02-15 08:00 AM Q4 23.4% 28.5% 29%
2021-05-17 08:00 AM Q1 27.8% 23.4% 28%
2021-08-09 08:00 AM Q2 27.8% 28%
2021-11-08 08:00 AM Q3


Palestine Unemployment Rate
In Palestine, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.