The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2019
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Macroeconomic indicators |
Base Line Scenario |
Optimistic Scenario |
Pessimistic Scenario |
Value in Million Dollars | |||
Gross Domestic Product (GDP) |
13,840.3 |
14,401.4 |
13,396.4 |
GDP per capita (Dollars) |
2,979.2 |
3,100.0 |
2,883.7 |
Gross National Income |
15,447.6 |
16,283.0 |
14,839.9 |
Gross National Disposable Income |
16,946.6 |
18,081.8 |
15,739.3 |
Real Average Daily Wage per employee (Dollars) |
22.3 |
22.5 |
22.2 |
Unemployment Rate (%) |
31.5 |
29.3 |
32.7 |
Percentage Change (%) | |||
Percentage Change in Gross Domestic Product |
0.5 |
4.5 |
-2.8 |
Percentage Change in Gross Final consumption |
-1.0 |
0.8 |
-3.4 |
Percentage Change in Gross Capital Formation |
4.9 |
14.5 |
-3.5 |
Percentage Change in Trade Balance (dificit) |
-1.3 |
-0.4 |
-5.2 |
Percentage Change in Gross Exports |
4.6 |
7.9 |
-9.0 |
Percentage Change in Gross Imports |
1.0 |
2.7 |
-6.6 |
Percentage from the GDP (%) | |||
Percentage Value added of GDP in Agricultural Activity |
3.0 | 3.5 | 2.6 |
Percentage Value added of GDP in industrial Activity |
11.8 | 12.0 | 11.7 |
Percentage Value added of GDP in Construction Activity |
6.7 | 6.7 | 5.7 |
Percentage Value added of GDP in Services and Other items Activity |
61.9 | 60.6 | 63.5 |
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Data excludes those parts of Jerusalem governorate which were annexed by Israel in 1967. | |||
Data at constant prices with 2015 as the base year | |||
The gross consumption includes net errors and omissions | |||
Services and Other Items (includes services, an addition to electricity and Water supply , wholesale and retail trade, transportation and storage, financial and insurance, information and communications, public administration and defense, and households services,and financial intermediation services indirectly measured). | |||