The Preliminary Results of the Quarterly Balance of Payments for Palestine*

 

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Value in USD millions.

 

Item

Q1-2011

Q2-2011

Q3-2011

Q4-2011

Year 2011

Q1-2012

Q2-2012

Q3-2012

Q4-2012

Year 2012

Q1-2013

Q2-2013

Q3-2013

Q4-2013

Year 2013

Q1-2014

Q2-2014

Q3-2014

Q4-2014

Year 2014

Q1-2015

Q2-2015

Q3-2015

CURRENT ACCOUNT (net)

-583.0

-652.1

-296.1

-538.3

-2069.5

-391.4

-558.1

-454.9

-416.4

-1820.8

-458.5

-792.9

-583.5

-548.5

-2383.4

-520.9 -676.0 -510.6 -441.5 -2149.0 -313.4

-363.4

-586.3

  Goods (net)

-925.5

-981.7

-975.4

-896.7

-3779.3

-966.2

-1072.3

-1091.3

-1005.8

-4135.6

-1057.6

-1213.9

-1219.4

-1191.8

-4682.7

-1141.1 -1305.3 -1232.8 -1151.0 -4830.2 -1123.5

-1244.6

-1349.4

  Exports (fob)

235.4

240.4

293.5

283.7

1053.0

271.0

277.0

278.0

309.3

1135.3

259.8

287.0

271.2

315.7

1133.7

334.1 349.0 324.5 376.0 1383.6 339.0

398.2

358.2

  Imports (fob)

1160.9

1222.1

1268.9

1180.4

4832.3

1237.2

1349.3

1369.3

1315.1

5270.9

1317.4

1500.9

1490.6

1507.5

5816.4

1475.2 1654.3 1557.3 1527.0 6213.8 1462.5

1642.8

1707.6

  Services (net)

-47.2

-54.9

-25.9

-16.5

-144.5

-65.8

-83.9

-87.2

-56.2

-293.1

-8.7

-17.3

-28.7

5.2

-49.5

-45.9 -66.0 -64.4 -30.2 -206.5 -41.0

-36.1

-69.4

     Exports

166.9

170.4

208.1

201.1

746.5

175.7

179.5

180.1

200.5

735.8

215.0

237.5

224.4

261.2

938.1

190.4 198.9 185.0 214.3 788.6 193.2

227.0

204.1

     Imports

214.1

225.3

234.0

217.6

891.0

241.5

263.4

267.3

256.7

1028.9

223.7

254.8

253.1

256.0

987.6

236.3 264.9 249.4 244.5 995.1 234.2

263.1

273.5

  Income (net)

171.9

178.4

203.6

195.6

749.5

202.7

224.9

227.0

202.8

857.4

252.2

289.7

305.1

313.3

1160.3

369.0 385.1 370.6 357.7 1482.4 331.8

344.9

357.4

     Receipts

195.9

202.2

227.7

217.8

843.6

223.6

246.0

247.2

224.5

941.3

277.9

314.1

332.2

339.6

1263.8

402.3 415.6 405.0 395.5 1618.4 336.9

366.5

381.6

        Of which Compensation of employees

170.0

174.4

203.4

188.7

736.5

194.8

213.2

216.4

198.5

822.9

251.2

280.7

300.6

308.0

1140.5

366.9 384.4 356.2 341.9 1449.4 307.8

335.9

335.1

             Of which from Israel

150.3

154.7

183.7

174.1

662.8

179.8

198.2

201.3

183.5

762.8

236.0

265.5

285.5

292.8

1079.8

363.4 380.9 352.6 338.4 1435.3 294.7

322.8

322.0

        Of which Investment income

25.9

27.8

24.3

29.1

107.1

28.8

32.8

30.8

26.0

118.4

26.7

33.4

31.6

31.6

123.3

35.4 31.2 48.8 53.6 169.0 29.1

30.6

46.5

     Payments

24.0

23.8

24.1

22.2

94.1

20.9

21.1

20.2

21.7

83.9

25.7

24.4

27.1

26.3

103.5

33.3 30.5 34.4 37.8 136.0 5.1

21.6

24.2

  Current transfers (net)

217.8

206.1

501.6

179.3

1104.8

437.9

373.2

496.6

442.8

1750.5

355.6

148.6

359.5

324.8

1188.5

297.1 310.2 416.0 382.0 1405.3 519.3

572.4

475.1

     Inflows

322.1

313.5

613.5

419.8

1668.9

594.8

531.1

660.2

545.4

2331.5

506.1

308.2

522.6

526.0

1862.9

446.3 463.9 567.1 535.9 2013.2 644.4

712.2

615.3

        Of which General government

167.9

107.7

332.8

100.7

709.1

178.9

173.0

191.1

100.3

643.3

212.3

95.1

271.9

156.1

735.4

106.2 116.6 212.7 179.1 614.6 206.0

232.0

107.0

             Of which from donors

163.2

93.3

326.3

86.2

669.0

167.1

160.1

178.2

90.0

595.4

201.7

83.2

259.3

143.1

687.3

92.9 102.7 199.8 166.8 562.2 200.2

225.7

100.7

        Of which Other sectors

154.2

205.8

280.7

319.1

959.8

415.9

358.1

469.1

445.1

1688.2

293.8

213.1

250.7

369.9

1127.5

340.1 347.3 354.4 356.8 1398.6 438.4

480.2

508.3

             Of which from donors

15.9

9.7

23.4

19.2

68.2

52.6

75.1

115.6

64.2

307.5

127.6

51.6

51.6

51.6

282.4

57.8 57.8 57.8 57.8 231.2 63.8

63.8

63.8

     Outflows

104.3

107.4

111.9

240.5

564.1

156.9

157.9

163.6

102.6

581.0

150.5

159.6

163.1

201.2

674.4

149.2 153.7 151.1 153.9 607.9 125.1

139.8

140.2

CAPITAL AND FINANCIAL ACCOUNT (net)

475.1

531.5

392.9

636.0

2035.5

353.6

451.7

330.6

386.4

1522.3

377.5

689.3

501.2

576.8

2144.8

513.8 540.5 409.9 301.2 1765.4 176.0

343.4

459.6

  Capital account (net)

201.5

102.0

235.2

101.3

640.0

171.4

149.2

133.4

134.2

588.2

215.0

99.6

100.3

136.5

551.4

157.9 159.0 163.6 210.4 690.9 99.1

103.4

101.0

    Capital transfers (net)

201.5

102.0

235.2

101.3

640.0

171.4

149.2

133.4

134.2

588.2

215.0

99.6

100.3

136.5

551.4

157.9 159.0 163.6 210.4 690.9 99.1

103.4

101.0

      Inflows

201.5

102.0

235.2

101.3

640.0

171.4

149.2

133.4

134.2

588.2

215.0

99.6

100.3

136.5

551.4

157.9 159.0 163.6 210.4 690.9 99.1

103.4

101.0

        Of which General government

158.1

65.4

199.2

65.2

487.9

109.4

87.2

71.4

72.2

340.2

147.4

32.0

32.7

68.9

281.0

95.3 96.4 110.9 144.9 447.5 26.0

33.9

34.8

             Of which from donors

158.1

65.4

199.2

65.2

487.9

109.4

87.2

43.4

72.2

312.2

147.4

30.3

30.5

67.2

275.4

93.2 94.8 108.5 143.4 439.9 23.3

32.3

32.0

        Of which Other sectors

43.4

36.6

36.0

36.1

152.1

62.0

62.0

62.0

62.0

248.0

67.6

67.6

67.6

67.6

270.4

62.6 62.6 52.7 65.5 243.4 73.1

69.5

66.2

      Outflows

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

    Acquisitions/disposals of non-produced, non-financial assets (net)

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0

0.0 0.0 0.0 0.0 0.0

0.0

0.0

0.0

  Financial account (net)**

273.6

429.5

157.7

534.7

1395.5

182.2

302.5

197.2

252.2

934.1

162.5

589.7

400.9

440.3

1593.4

355.9 381.5 246.3 90.8 1074.5 76.9

240.0

358.6

    Direct investment (net)

73.7

72.7

71.0

260.0

477.4

-3.7

20.6

-3.3

15.7

29.3

107.9

8.6

35.4

72.1

224.0

0.9 -35.0 1.8 4.4 -27.9 -27.8

-187.4

100.2

      Abroad (net)

38.2

39.5

37.3

13.1

128.1

-27.5

4.8

-6.3

-0.1

-29.1

40.6

7.7

0.0

0.0

48.3

-46.9 -46.9 -46.9 -46.9 -187.6 9.0

-190.0

3.4

      In Palestine (net)

35.5

33.2

33.7

246.9

349.3

23.8

15.8

3.0

15.8

58.4

67.3

0.9

35.4

72.1

175.7

47.8 11.9 48.7 51.3 159.7 -36.8

2.6

96.8

   Portfolio investment (net)

-77.6

-2.7

-0.9

-39.9

-121.1

-72.6

-7.1

0.4

62.9

-16.4

-34.4

3.1

22.9

195.2

186.8

71.0 -123.0 -99.0 -28.1 -179.1 -36.0

62.8

6.3

     Assets (net)

-77.6

-2.7

-0.9

-39.2

-120.4

-69.0

-3.5

4.0

26.5

-42.0

-43.1

6.0

22.9

117.4

103.2

53.0 -126.0 -55.8 -47.4 -176.2 15.9

48.7

34.5

     Liabilities (net)

0.0

0.0

0.0

-0.7

-0.7

-3.6

-3.6

-3.6

36.4

25.6

8.7

-2.9

0.0

77.8

83.6

18.0 3.0 -43.2 19.3 -2.9 -51.9

14.1

-28.2

   Other investment (net)

304.0

293.0

-16.4

425.0

1005.6

369.3

308.7

237.3

171.9

1087.2

109.8

560.6

309.7

223.7

1203.8

188.1 501.1 421.1 158.4 1268.7 124.4

338.7

170.5

     Assets (net)

222.5

289.2

-101.9

327.0

736.8

426.8

274.9

257.4

62.4

1021.5

71.6

455.4

172.6

186.2

885.8

163.5 455.5 281.7 194.6 1095.3 62.1

241.5

131.1

        Currency and deposits***

210.6

278.8

-119.4

316.7

686.7

473.5

307.8

287.3

85.2

1153.8

107.7

494.7

221.1

226.4

1049.9

161.2 449.8 278.7 331.1 1220.8 287.8

-126.7

125.1

     Liabilities (net)

81.5

3.8

85.5

98.0

268.8

-57.5

33.8

-20.1

109.5

65.7

38.2

105.2

137.1

37.5

318.0

24.6 45.6 139.4 -36.2 173.4 62.3

97.2

39.4

 Of wich Loans

38.1

1.0

32.0

0.1

71.2

11.3

-1.1

-57.2

0.8

-46.2

0.2

1.6

2.5

3.4

7.7

-5.4 -1.6 -7.5 -13.0 -27.5 -25.9

5.5

-5.0

         Of wich Currency and deposits****

26.7

-13.9

36.8

81.2

130.8

-75.6

28.1

30.3

101.9

84.7

-14.3

51.9

83.1

-17.5

103.2

5.1 22.2 121.9 -48.2 101.0 40.9

37.8

-9.8

   Change in  Reserve Assets (- = increase/ + = decrease)

-26.5

66.5

104.0

-110.4

33.6

-110.8

-19.7

-37.2

1.7

-166.0

-20.8

17.4

32.9

-50.7

-21.2

95.9 38.4 -77.6 -43.9 12.8 16.3

25.9

81.6

   Exceptional financing 

0.0

0.0

0.0

0.0

0.0

0.0

0.0

28.0

0.0

28.0

0.0

1.7

2.2

1.7

5.6

2.1 1.6 2.4 1.6 7.7 2.7

1.6

2.8

   Errors and omissions, (net)*****

107.9

120.6

-96.8

-97.7

34.0

37.8

106.4

124.3

30.0

298.5

81.0

103.6

82.3

-28.3

238.6

7.1 135.5 100.7 140.3 383.6 134.7

18.4

123.9

OVERALL BALANCE

26.5

-66.5

-104.0

110.4

-33.6

110.8

19.7

9.2

-1.7

138.0

20.8

-19.0

-35.1

49.0

15.7

-98.0 -40.0 75.2 42.4 -20.4 -19.0

-27.5

-84.3

FINANCING (INCREASE IN ASSETS IS NEG.)

-26.5

66.5

104.0

-110.4

33.6

-110.8

-19.7

-9.2

1.7

-138.0

-20.8

19.0

35.1

-49.0

-15.7

98.0 40.0 -75.2 -42.4 20.4 19.0

27.5

84.3


* The data excludes those parts of Jerusalem which were annexed by Israel in 1967.

** Includes Reserve Assets.

 

*** Currency and deposits: Including the cash of foreign currency in the banks and the deposits of the Palestinian institutions deposited abroad.

 

**** Currency and deposits : Includes the deposits of non-residents deposited in Local banks.

 

***** Errors and omissions (net): Includes the different between current account (net) one hand, and capital and financial account (net) on the other hand.

 

Notes: 

 

The data of Balance of Payments quarters had been updated according to National accounts updates.

 

The data of Financial account will be updated according to the recomdations of IMF technical mission due to this topic.            

The data of  Q1-2015 and Q2-2015 had been updated according to national accounts updates.