Palestinian Balance of Payments in Remaining West Bank* and

Gaza 1999 2007  (Preliminary Results)

 

             Item

1999

2000

2001

2002

2003

2004

2005

2006

2007

Current account (net)

-1,284.8

-949.7

-571.8

-435.2

-931.0

-1,281.80

-937.7

-813.1

-410.1

  Goods (net)

-2,148.2

-1,960.1

-1,304.9

-1,221.5

-1,627.8

-1,964.50

-2,170.8

-2,519.1

2,600.4

    Exports (fob)

527.4

490.5

392.2

320.2

327.1

348.8

351.8

564.6

538.2

    Imports (fob)

2,675.6

2,450.6

1,697.1

1,541.7

1,954.9

2,313.30

2,522.6

2,618.7

3,138.6

  Services (net)

-263.9

-294.4

-526.8

-488.9

-341.3

-302.7

-255.2

-284.4

-451.5

    Exports

203.0

240.8

114.6

98.2

108.7

133.3

184.8

180.6

179.1

        Travel

148.7

100.7

11.7

9.4

20.7

26.2

54.7

26.8

102.6

        Construction services

20.8

46.0

24.0

15.0

13.8

18.2

18.7

20.1

15.1

        Other business services

8.7

65.3

58.0

45.7

50.0

59.1

60.7

75.7

5.2

        Government services

14.9

11.6

10.1

20.7

9.5

10.2

17.2

16.5

27.9

        Other**

9.9

17.2

10.9

7.4

14.7

19.5

33.5

41.4

28.3

    Imports

466.9

535.1

641.4

587.1

450.0

436.1

440.0

465.0

630.6

        Transportation

71.4

57.1

66.9

38.7

47.8

57.4

72.4

63.6

77.5

        Travel

242.8

290.4

378.1

345.0

264.7

245.9

225.1

218.0

324.3

        Communication

24.8

36.0

20.2

15.9

16.3

41

42.3

69.2

52.3

        Insurance services

13.2

9.3

9.4

12.7

6.3

10.9

6.5

4.1

-10.6

        Other business services

46.9

41.0

33.2

25.6

31.2

38.6

48.2

43.5

50.8

        Personal cultural recreational

7.6

7.8

13.6

22.1

27.0

9.3

6.8

14.4

68.7

        Government services

60.0

89.5

115.5

111.2

54.0

28.3

33.9

46.8

41.9

        Other***

0.2

4.1

4.4

16.1

2.6

4.6

4.8

5.5

25.7

  Income (net)

753.8

669.2

326.1

223.6

252.9

229.4

356.1

422.9

547.4

    Receipts

775.6

709.4

341.9

232.1

254.7

262.6

392.2

431.4

555.2

        Compensation of employees

705.9

620.0

200.2

141.1

204.0

204.3

269.3

309.9

380.2

            Of which  from Israel

686.8

600.8

179.0

106.1

167.5

161.6

220.8

260.0

315.1

        Investment income

69.7

89.4

141.7

91.0

50.7

58.3

87.8

121.5

175.0

    Payments

21.8

40.2

15.8

8.5

1.7

33.2

36.1

8.5

7.5

  Current transfers (net)

373.5

635.6

933.9

1,051.6

785.2

756.1

1,132.2

1,283.1

2,094.3

    Inflows

458.6

728.3

1,000.3

1,115.0

876.9

857.6

1,225.5

1,388.8

2,201.6

       To the government sector

236.1

240.4

325.3

415.2

662.3

531.9

953.1

1,095.6

1,048.2

           Donors transfers

227.0

233.6

324.2

414.1

660.4

530.5

950.9

1,093.4

1,044.3

      To the private sector

222.5

488.0

674.9

699.7

214.6

325.7

272.4

293.1

1,153.4

    Outflows

85.1

92.7

66.4

63.4

91.7

101.6

93.2

105.7

107.3

Capital and financial account (net)

1,214.1

1,086.0

720.0

413.9

1,130.1

1,319.50

1,049.5

894.4

228.2

   Capital account (net)

270.9

188.8

215.6

291.0

289.1

660.2

388.2

272.4

394.8

     Capital transfers (net)

270.4

188.4

215.1

290.5

288.7

659.8

387.7

271.9

394.3

         Inflows

270.4

188.4

215.1

290.5

288.7

659.8

387.7

271.9

394.3

         Outflows

0.0

0.0

0.0

0.0

0.0

0

0.0

0.0

0.0

     Acquisition / disposal of non- Produced, non-financial assets (net)

0.5

0.4

0.5

0.4

0.4

0.4

0.4

0.4

0.4

   Financial account (net)****

943.2

897.1

504.4

122.9

841.0

659.3

661.3

622.1

-166.6

     Direct investment (net)

102.0

-156.1

-344.5

-336.7

-30.5

60.4

6.2

-120.6

-15.6

  Change in investment abroad (net)

-86.6

-218.1

-363.7

-346.2

-48.5

11.5

-40.4

-139.2

-43.9

        Change in investment in Palestine (net)

188.6

62.0

19.2

9.4

18.0

48.9

46.5

18.6

28.3

     Portfolio investment (net)

-56.8

-0.5

-65.0

-78.6

-24.7

21.7

4.9

-8.4

-126.4

         Assets (net)

-72.0

-12.7

-78.9

-86.9

-37.9

13.8

-8.8

-8.4

-126.4

         Liabilities (net)

15.2

12.2

13.9

8.2

13.2

7.8

13.7

0.0

0.0

     Other investment (net)

862.8

1,144.8

897.6

552.8

996.7

604.6

624.6

773.4

66.6

          Assets (net)

660.8

1,086.5

901.5

590.9

1,074.3

547.9

512.4

774.9

85.8

              Currency and deposits

527.0

970.2

769.1

378.7

897.3

450.2

544.4

764.9

66.6

          Liabilities (net)

201.9

58.2

-3.9

-38.1

-77.6

56.7

112.1

-1.5

-19.1

              Loans

118.5

120.5

42.4

43.3

26.8

55.3

51.5

11.0

9.4

              Currency and deposits

78.1

-61.0

-40.9

-80.4

-104.5

1.5

60.7

-12.5

-28.6

Net errors and omissions

70.7

-136.3

-148.2

21.3

-199.1

-37.7

-111.8

-81.3

182.0

Overall balance

-35.1

91.0

-16.3

14.5

100.5

27.4

-25.7

22.3

91.3

Financing

35.1

-91.0

16.3

-14.5

-100.5

-27.4

25.7

-22.3

-91.3

Change in reserve assets (+  = Decrease)

35.1

-91.0

16.3

-14.5

-100.5

-27.4

25.7

-22.3

-91.3


* Remaining West Bank refers to all West Bank excluding those parts of Jerusalem which were annexedby Israel in 1967. 

 ** Include transportation, communication, insurance, financial, information and computer, royalties and licenses, and personal cultural recreational services.

*** Include financial, construction, information and computer, and  royalties and licenses fees.

**** Include reserve assets