Palestinian Central Bureau of Statistics (PCBS)
Preliminary Estimates of Quarterly National Accounts
(Fourth Quarter 2016)
Main Results
Increase in GDP at constant prices in Palestine* during the 4th quarter 2016 compared to the parallel quarter (4th quarter 2015)
Preliminary estimates at constant prices showed an increase of 1.3% in GDP in Palestine* during the 4th quarter 2016 compared to the 4th quarter 2015, (increase 1.1% in the West Bank* and increase 1.7% in Gaza Strip compared to the 4th quarter 2015). And it showed a decrease of 1.3% in Palestine* compared to the 3rd quarter 2016 at constant prices, meanwhile the base year is 2004. GDP for the 4th quarter 2016 at constant prices was USD 1,505.3 million for the West Bank* and USD 492.0 million for Gaza Strip. In addition, an increase of 4.1% was in GDP in Palestine* during the year 2016 compared to the year 2015 at constant prices.
Gross Domestic Product Per Capita
GDP per Capita for Palestine* at constant prices was USD 434.2 during the 4th quarter 2016, it showed a decrease of 1.5% compared to the 4th quarter 2015. As for the West Bank* it was USD 558.5 at constant prices during the 4th quarter 2016, it showed a decrease by 1.3% during the 4th quarter 2016 compared to the 4th quarter 2015, while for Gaza Strip it was USD 258.3 during the 4th quarter 2016, and it showed a decrease by 1.7% during the 4th quarter 2016 compared to the 4th quarter 2015.