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PCBS | The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2021

The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2021
Publish Date:21-02-2021
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Macroeconomic indicators Base Line ScenarioOptimistic ScenarioPessimistic Scenario
Value in Million Dollars
Gross Domestic Product (GDP) 14843.415825.114126.5
GDP per capita (Dollars) 3018.23217.82874.0
Unemployment Rate (%) 27.226.427.5
Percentage Change (%)
Percentage Change in Gross Domestic Product 6.013.00.9
Percentage Change in Gross Final consumption 3.06.91.1
Percentage Change in Gross Capital Formation 31.562.12.5
Percentage Change in Trade Balance (dificit)9.919.32.1
Percentage Change in Gross Exports 4.46.91.4
Percentage Change in Gross Imports 8.115.21.9
Percentage from the GDP (%)
Percentage Value added of GDP in Agricultural Activity 7.47.67.8
Percentage Value added of GDP in industrial Activity 11.611.311.7
Percentage Value added of GDP in Construction Activity 5.56.34.9
Percentage Value added of GDP in Services and Other items Activity59.858.459.9

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).
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