Palestinian Central Bureau of Statistics (PCBS)

Finance and Insurance Survey in Palestine, 2012

46 Enterprises operate in financial intermediation activities

and employ 7,101 persons

This survey provides statistics on the number of enterprises operating in financial intermediation, the number of employees and their compensations, output value, intermediate consumption, gross value added with its various components, and the gross fixed capital formation of the financial sector.  This survey constitutes the basic foundations for the compilation of Palestinian National Accounts and meets the various needs and expectations of users in both private and public sectors.

According to the main results, there were 46 enterprises operating in this field in 2012 with 7,101 employees:  5,128 of them were males and 1,973 were females. The value of compensations of employees was USD 159.1 million.  The total value  of output was USD 514.4 million for 2012 and the intermediate consumption was USD 97.5 million.  The gross value added was USD 416.9  million.

The results indicated that gross fixed capital formation was USD 21.6 million and net taxes on production were USD 43.5 million. The operating surplus was USD 191.6 million, while the value of depreciation on fixed assets during the year was USD 22.6 million.

To compare  data of  2012 with 2011, output had increased by 18.7%  compared with 2011.  The value of intermediate consumption increased by 6.0% compared with 2011.  The gross value added had increased  by 22.2% compared with 2011.

Percentage Distribution of the Value Added for Operating Enterprises in Financial Intermediation Activities, 2012