Palestinian Central Bureau of Statistics (PCBS)

Preliminary Estimates of Quarterly National Accounts

(First Quarter 2017)

Main Results

Increase in GDP at constant prices in Palestine* during the 1^st quarter 2017 compared to the parallel quarter (1^st quarter 2016)

Preliminary estimates at constant prices showed an increase of 0.7% in GDP in Palestine* during the 1^st quarter 2017 compared to the 1^st quarter 2016, (increase 0.8% in the West Bank* and increase 0.4% in Gaza Strip compared to the 1^st quarter 2016).  And it showed a stability in Palestine* compared to the 4^th quarter 2016 at constant prices, with a slight increase of 0.1%,  meanwhile the base year is 2004.  GDP for the 1^st quarter 2017 at constant prices was USD 1,505.8 million for the West Bank* and USD 493.4 million for Gaza Strip.

Gross Domestic Product Per Capita

GDP per Capita for Palestine* at constant prices was  USD 431.6 during the 1^st quarter 2017, it showed a decrease of 2.1% compared to the 1^st quarter 2016. As for the West Bank* it was USD 555.2 at constant prices during the 1^st quarter 2017, it showed a decrease by 1.7% during the 1^st quarter 2017 compared to the 1^st quarter 2016, while for Gaza Strip it was USD 257.0 during the 1^st quarter 2017, and it showed a decrease by 2.8% during the 1^st quarter 2017 compared to the 1^st quarter 2016.