Statistical Yearbook of Palestine 2011
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investments, portfolio investments, other investments, and reserve assets) which
totaled US$83.6 milion.
The financial account surplus was mainly due to the surplus in net foreign direct
investments (US$279.9 million) and in net foreign other investments (US$217.8
million). The deficit in net foreign portfolio investments totaled US$366.7 million.
Changes in reserve asset flows (increase) totaled US$47.4 million in 2009, as
reflected in the overall balance surplus due to the absence of other financing
resources.
For more details on the balance of payments, see the tables in chapter 1.23 of the
Arabic section, pages 207-210.
24.
Finance and Insurance
There were 48 enterprises operating in financial intermediation activities in 2010, of
which 38 were financial institutions and 10 were insurance enterprises.
There were 6,618 employees in financial intermediation enterprises, an increase of
2.3%
compared with 2009 and distributed as follows: 5,503 workers in financial
institutions and 1,115 workers in insurance enterprises: 73.3% of employees were
male and 26.7% female.
The value of employee compensations during 2010 in financial intermediation
enterprises was US$140.3 million, an increase of 7.8% compared with 2009:
US$120.1 million in financial institutions and US$20.2 million in insurance
enterprises.
The value of output in financial intermediation enterprises was US$ 403.7 million,
an increase of 17.1% compared with 2009: US$340.9 million in financial institutions
and US$62.8 million in insurance enterprises.
The value of intermediate consumption in financial intermediation enterprises was
US$96.4 million, an increase of 30.5% compared with 2009: US$63.5 million in
financial institutions and US$32.9 million in insurance enterprises.
The gross value added in financial intermediation enterprises was US$307.4 million,
an increase of 30.5% compared with 2009: US$277.5 million in financial institutions
and US$29.9 million in insurance enterprises.
For more details on finance and insurance, see the tables in chapter 1.24 of the
Arabic section, pages
211-214.