Palestinian Central Bureau of Statistics (PCBS)

Preliminary Estimates of Quarterly National Accounts

(First Quarter 2016)

Main Results

Increase in GDP at constant prices in Palestine* during the 1^st quarter 2016 compared to the parallel quarter (1^st quarter 2015)

Preliminary estimates at constant prices showed an increase of 8.0% in GDP in Palestine* during the 1^st quarter 2016 compared to the 1^st quarter 2015, (increase 4.2% in the West Bank* and increase 21.1% in Gaza Strip compared to the 1^st quarter 2015.  And it showed an increase of 0.6% in Palestine* compared to the 4^th quarter 2015 at constant prices, and the base year is 2004.  GDP for the 1^st quarter 2016 at constant prices was USD 1,491.6 million for the West Bank* and USD 508.9 million for Gaza Strip.

Gross Domestic Product Per Capita

GDP per Capita for Palestine* at constant prices was  USD 444.3 during the 1^st quarter 2016, it showed an increase of 4.9% compared to the 1^st quarter 2015. As for the West Bank* it was USD 564.0 at constant prices during the 1^st quarter 2016, it showed an increase by 1.5% during the 1^st quarter 2016 compared to the 1^st quarter 2015, while for Gaza Strip it was USD 273.9 during the 1^st quarter 2016, and it showed an increase by 17.1% during the 1^st quarter 2016 compared to the parallel quarter 2015.

Quarterly GDP in Palestine* at Constant Prices for the Years 2012-2016