Palestinian Central Bureau of Statistics (PCBS) 

The Preliminary Estimates of Quarterly National Accounts,

Second Quarter, 2025

Main Results[1]

A sharp contraction in the Palestinian economy continued during the second quarter of 2025 compared to the parallel quarter of 2023, prior to the ongoing Israeli occupation aggression against Palestine.  During this period, the GDP in Palestine recorded a sharp decline of 29%, despite showing an increase

compared to the same quarter of 2024. 

Primary estimates of GDP showed a sharp decline in the GDP of Palestine during the 2nd quarter of 2025 compared to the 2nd quarter of 2023, where most of economic activities recorded a sharp decline in value-added in Palestine, as construction activity declined by 41% (29% in the West Bank and 98% in Gaza Strip), mining, manufacturing, electricity and water activity declined by 29% (22% in the West Bank and 94% in Gaza Strip), agriculture, forestry and fishing activity declined by 29% (11% in the West Bank and 93% in Gaza Strip), wholesale and retail trade declined by 24% (14% in the West Bank and 91% in Gaza Strip).  On the other hand, most of economic activities witnessed an increase in Palestine during the 2nd quarter of 2025 compared to the same quarter of 2024. Whereas the GDP for the 2nd quarter of 2025 was USD 2,757 million in the West Bank and USD 82 million in Gaza Strip..

The sharp decline in GDP per Capita for Palestine continued in the second quarter of 2025 compared to the same quarter of 2023. 

The GDP per Capita in Palestine, at constant prices, reached USD 531 in the second quarter of 2025. This represents a 32% decrease compared to the second quarter of 2023 (21% in the West Bank and 88% in Gaza Strip). However, the GDP per Capita in Palestine showed an increase in the second quarter of 2025 compared to the same quarter of 2024.

GDP by Quarter in Palestine at Constant Prices, 2021-2025