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PCBS | Press Report Preliminary Estimates of Quarterly National Accounts (Second Quarter 2012)

Recovering in GDP at constant prices in the Palestinian Territory during the 2nd quarter 2012 after the decline during the first quarter 2012

Preliminary estimates at constant prices showed an increase of 7.7 percent in GDP in the Palestinian Territory* during the 2nd quarter 2012 compared to the 2nd quarter 2011, and it showed an increase of 9.0 percent at constant  prices compared to the 1st quarter 2012 which recorded a decline of 3.1% compared to the 4th quarter 2011, noting that  the base year is 2004.   In the West Bank,* GDP increased by 6.0 percent during the 2nd quarter 2012 compared to the 2nd quarter 2011.  In Gaza Strip, GDP increased by 12.0 percent during the 2nd quarter 2012 compared to the 2nd quarter 2011.  GDP for the 2nd quarter 2012 at constant prices was USD 1,203  million for the West Bank* and USD 519 million for Gaza Strip.

 

Gross Domestic Product Per Capita

GDP per Capita for the Palestinian Territory* at constant prices was  USD 427 during the 2nd quarter 2012, it showed an increase of 4.6 percent compared to the 2nd quarter 2011.  As for the West Bank* at constant prices it was USD 502 during the 2nd quarter 2012, it showed an increase by 3.2 percent during the 2nd quarter 2012 compared to the 2nd quarter 2011, and for Gaza Strip was USD 317 during the 2nd quarter 2012, and it showed an increase by 8.3 percent during the 2nd quarter 2012 compared to the parallel quarter 2011.

 

 

 

Quarterly GDP in the Palestinian Territory* at constant prices for years 2008-2012

 


 

*  The data excludes those parts of Jerusalem which were annexed by Israel in 1967.

 

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