عربي
Palestinian Central Bureau of Statistics (PCBS)
Main Results[1]
Preliminary Estimates of Quarterly National Accounts ,Second Quarter 2022
Gross Domestic Product (GDP) slightly increased at constant prices by 1% in Palestine during the 2nd quarter 2022 compared to 1st quarter 2022
Primary estimates for GDP at constant prices showed an increase of 1% in GDP in Palestine during the 2nd quarter 2022 compared to the 1st quarter 2022, mainly in Agriculture, Forestry and Fishing by 7%, Mining, Manufacturing, Electricity and Water by 5%, Financial and Insurance Activities by 3%, Public Administration and Defense, Services by 2% for each. Meanwhile, there was a decrease in Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles by 4%, and Construction by 3%.
On the other hand, it showed an increase of 3% in Palestine during the 2nd quarter 2022 compared to the 2nd quarter 2021 at constant prices, which excludes the seasonal effect, meanwhile the base year is 2015. GDP for the 2nd quarter 2022 at constant prices was USD 3,175 million for the West Bank and USD 684 million for Gaza Strip.
Increase in Gross Domestic Product Per Capita
GDP per Capita for Palestine at constant prices was USD 765 during the 2nd quarter 2022, it showed an increase of 1% compared to the parallel quarter 2021. As for the West Bank it was USD 1,101 at constant prices during the 2nd quarter 2022, it showed a decrease by 0.1% during the 2nd quarter 2022 compared to the parallel quarter 2021, while for Gaza Strip it was USD 317 during the 2nd quarter 2022, and it showed an increase by 6% during the 2nd quarter 2022 compared to the parallel quarter 2021.
GDP by quarter in Palestine at Constant Prices, 2018-2022
[1] The data excluded those parts of Jerusalem which were annexed by Israeli Occupation in 1967