Palestinian Central Bureau of Statistics (PCBS)
The Preliminary Estimates of Quarterly National Accounts,
Third Quarter, 2025
Main Results[1]
A sharp contraction in the Palestinian economy continued during the third 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 26%, despite showing a slightly increase compared to the same quarter of 2024.
Primary estimates of GDP showed a sharp decline in the GDP of Palestine during the 3rd quarter of 2025 compared to the 3rd quarter of 2023, where most of economic activities recorded a sharp decline in value-added in Palestine, as construction activity declined by 27% (13% in the West Bank and 99% in Gaza Strip), agriculture, forestry and fishing activity declined by 16% (93% in Gaza Strip), wholesale and retail trade declined by 26% (16% in the West Bank and 90% in Gaza Strip). On the other hand, some of economic activities witnessed an increase in Palestine during the 3rd quarter of 2025 compared to the same quarter of 2024. Whereas the GDP for the 3rd quarter of 2025 was USD 3,026 million in the West Bank and USD 75 million in Gaza Strip.
The sharp decline in GDP per Capita for Palestine continued in the third quarter of 2025 compared to the same quarter of 2023.
The GDP per Capita in Palestine, at constant prices, reached USD 578 in the third quarter of 2025. This represents a 29% decrease compared to the third quarter of 2023 (18% in the West Bank and 89% in Gaza Strip). The GDP per Capita in Palestine showed a slightly decrease in the third quarter of 2025 compared to the same quarter of 2024.
GDP by Quarter in Palestine at Constant Prices, 2021-2025
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