Preliminary Estimates of Quarterly National Accounts

(Fourth Quarter 2012)

Main Results

Growth in GDP at constant prices in Palestine during the 4^th quarter 2012 after the decline during the 3^rd quarter 2012

Preliminary estimates at constant prices showed an increase of 5.9 percent in GDP in Palestine* for the year 2012 compared to the year 2011, and it showed an increase of 5.3 percent in GDP in Palestine* during the 4^th quarter 2012 compared to the 4^th quarter 2011, and it showed an increase of 1.5 percent at constant  prices compared to the 3^rd quarter 2012, noting that  the base year is 2004.   In West Bank,* GDP increased by 5.9 percent during the 4^th quarter 2012 compared to the 4^th quarter 2011.  In Gaza Strip, GDP increased by 3.5 percent during the 4^th quarter 2012 compared to the 4^th quarter 2011.  GDP for the 4^th quarter 2012 at constant prices was USD 1,303  million for West Bank* and USD 430 million for Gaza Strip.

Gross Domestic Product Per Capita

GDP per Capita for Palestine* at constant prices was USD 1,679 for the year 2012, it increased by 2.7 percent for the year 2012 compared to the year 2011, and it was  USD 424 during the 4^th quarter 2012, it showed an increase of 2.1 percent compared to the 4^th quarter 2011.  As for West Bank* at constant prices it was USD 537 during the 4^th quarter 2012, it showed an increase by 3.1 percent during the 4^th quarter 2012 compared to the 4^th quarter 2011, and for Gaza Strip was USD 258 during the 4^th quarter 2012, and it showed a decline by 0.1 percent during the 4^th quarter 2012 compared to the parallel quarter 2011.