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

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).