Palestinian Central Bureau of Statistics (PCBS)

Main Results[1]

Palestine's Gross Domestic Product declined by 1% during the first quarter of 2025 compared to the fourth quarter of 2024 as a result of the ongoing Israeli aggression against Palestine.  This was accompanied by a 1.1% decline in the West Bank economy.

Primary estimates for GDP showed a decrease of Gross Domestic Product in Palestine by 1% during the 1^st quarter of 2025 compared to the 4^th quarter of 2024, most of economic activities recorded a sharp decline in value-added in Palestine, as agriculture, forestry and fishing   activity declined by 3%, Mining, Manufacturing, Electricity and Water activity declined by 6%, Construction activity by 16%, Transportation and Storage declined by 17%.  GDP for the 1^st quarter of 2025 was USD 2,740 million for the West Bank and USD 84 million for the Gaza Strip.

Gross Domestic Product Per Capita decreased by 1% in Palestine during the 1^st  quarter of 2025

GDP per Capita for Palestine was USD 531 during the 1^st quarter of 2025, which showed a decrease of 1% compared to the 4^th quarter of 2024. As for the West Bank, it showed a decrease of 2% compared to the same period, while the Gaza Strip showed an increase of 4% compared to the same period.

GDP by quarter in Palestine at Constant Prices, 2021-2025