The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2018
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Macroeconomic indicators |
Base Line Scenario |
Optimistic Scenario |
Pessimistic Scenario |
Value in Million Dollars | |||
Gross Domestic Product (GDP) |
14,060.6 |
14,653.7 |
13,411.2 |
GDP per capita (Dollars) |
2,917.5 |
3,040.6 |
2,782.8 |
Gross National Income |
15,935.5 |
16,902.9 |
15,037.5 |
Gross National Disposable Income |
17,280.4 |
18,785.8 |
15,979.0 |
Real Average Daily Wage per employee (Dollars) |
22.1 |
22.3 |
21.9 |
Unemployment Rate (%) |
28.7 |
26.0 |
30.9 |
Percentage Change (%) | |||
Percentage Change in Gross Domestic Product |
2.6 |
7.0 |
2.1- |
Percentage Change in Gross Final consumption |
2.5 |
4.9 |
0.1- |
Percentage Change in Gross Capital Formation |
6.8 |
16.2 |
14.9- |
Percentage Change in Trade Balance (dificit) |
4.5 |
5.8 |
2.9- |
Percentage Change in Gross Exports |
5.6 |
8.8 |
3.0- |
Percentage Change in Gross Imports |
4.8 |
6.8 |
2.9- |
Percentage from the GDP (%) | |||
Percentage Value added of GDP in Agricultural Activity |
3.1 |
3.4 |
2.0 |
Percentage Value added of GDP in industrial Activity |
11.3 |
11.2 |
11.2 |
Percentage Value added of GDP in Construction Activity |
6.3 |
6.8 |
5.6 |
Percentage Value added of GDP in Services and Other items Activity |
62.2 |
60.7 |
61.8 |
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Data excludes those parts of Jerusalem governorate which were annexed by Israel in 1967. | |||
Data at constant prices with 2015 as the base year | |||
The gross consumption includes net errors and omissions | |||
Services and Other Items (includes services, an addition to electricity and Water supply , wholesale and retail trade, transportation and storage, financial and insurance, information and communications, public administration and defense, and households services,and financial intermediation services indirectly measured). | |||