Palestinian Central Bureau of Statistics (PCBS)

Finance and Insurance Survey in Palestine 2013

596 Enterprises operate in financial intermediation activities and8343  employees

This survey provides statistics on the number of enterprises operating in financial intermediation, the number of employees and their compensations, output value, intermediate consumption, gross value added with its various components, and the gross fixed capital formation of the financial sector.  This survey constitutes the basic foundations for the compilation of Palestinian National Accounts and meets the various needs and expectations of users in both private and public sectors.  It should be noted that survey of 2013 incorporated (for the first time since 1997) data on money exchangers enterprises, also the methodology was updated upon the last updates of System of National Accounts for 2008.

According to the main results, there were 596 enterprises operating in this field in 2013 with 8343 employees. The value of compensations of employees was USD 162.8 million.  The total value  of output was USD 460.7 million, the intermediate consumption was USD 106.8 million and  the gross value added was USD 353.9 million.

The results indicated that gross fixed capital formation was USD 24.9 million and taxes on production were USD 41.0 million. The operating surplus was USD 124.0 million, while the value of depreciation on fixed assets during the year was USD 26.1 million.

Distribution of Value Added in the Financial Intermediation Enterprises in Palestine  for year 2013