Palestinian Central Bureau of Statistics (PCBS)
Preliminary Estimates of Quarterly National Accounts
(second quarter 2016)
Main Results
Increase in GDP at constant prices in Palestine* during the 2nd quarter 2016 compared to the parallel quarter (2nd quarter 2015)
Preliminary estimates at constant prices showed an increase of 3.9% in GDP in Palestine* during the 2nd quarter 2016 compared to the 2nd quarter 2015, (increase 3.3% in the West Bank* and increase 5.8% in Gaza Strip compared to the 2nd quarter 2015. And it showed an increase of 1.7% in Palestine* compared to the 1st quarter 2016 at constant prices, and the base year is 2004. GDP for the 2nd quarter 2016 at constant prices was USD 1,550.8 million for the West Bank* and USD 484.4 million for Gaza Strip.
Gross Domestic Product Per Capita
GDP per Capita for Palestine* at constant prices was USD 448.7 during the 2nd quarter 2016, it showed an increase of 0.9% compared to the 2nd quarter 2015. As for the West Bank* it was USD 582.6 at constant prices during the 2nd quarter 2016, it showed an increase by 0.6% during the 2nd quarter 2016 compared to the 2nd quarter 2015, while for Gaza Strip it was USD 258.6 during the 2nd quarter 2016, and it showed an increase by 2.3% during the 2nd quarter 2016 compared to the parallel quarter 2015.
Quarterly GDP in Palestine* at Constant Prices for the Years 2012-2016
* The data excludes those parts of Jerusalem governorate which were annexed by Israel in 1967