Palestinian Central Bureau of Statistics (PCBS)

Preliminary Estimates of Quarterly National Accounts

(Fourth Quarter 2014)

Main Results

Decrease in GDP at constant prices in Palestine* during the 4^th quarter 2014 compared to the parallel quarter (4^th quarter 2013)

Preliminary estimates at constant prices showed a decrease of 1.1 percent in GDP in Palestine* during the 4^th quarter 2014 compared to the 4^th quarter 2013, (increase 4.9% in West Bank* and decrease 18.3% in Gaza Strip).  And it showed an increase of 6.8 percent in Palestine* compared to the 3^rd quarter 2014 at constant prices, and the base year is 2004.  GDP for the 4^th quarter 2014 at constant prices was USD 1,470.9  million for West Bank* and USD 407.7 million for Gaza Strip.

Gross Domestic Product Per Capita

GDP per Capita for Palestine* at constant prices was  USD 432.6 during the 4^th quarter 2014, it showed a decrease of 4.0 percent compared to the 4^th quarter 2013.  As for West Bank* at constant prices it was USD 574.6 during the 4^th quarter 2014, it showed an increase by 2.2 percent during the 4^th quarter 2014 compared to the 4^th quarter 2013, and for Gaza Strip was USD 228.7 during the 4^th quarter 2014, and it showed a decrease by 21.0 percent during the 4^th quarter 2014 compared to the parallel quarter 2013.

Quarterly GDP in Palestine* at Constant Prices for the Years 2009-2014