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PCBS | PCBS: The Preliminary Estimates of Quarterly National Accounts, First Quarter,2017.

 

Palestinian Central Bureau of Statistics (PCBS)

 

Preliminary Estimates of Quarterly National Accounts

(First Quarter 2017)

Main Results

 

Increase in GDP at constant prices in Palestine* during the 1st quarter 2017 compared to the parallel quarter (1st quarter 2016)

 

Preliminary estimates at constant prices showed an increase of 0.7% in GDP in Palestine* during the 1st quarter 2017 compared to the 1st quarter 2016, (increase 0.8% in the West Bank* and increase 0.4% in Gaza Strip compared to the 1st quarter 2016).  And it showed a stability in Palestine* compared to the 4th quarter 2016 at constant prices, with a slight increase of 0.1%,  meanwhile the base year is 2004.  GDP for the 1st quarter 2017 at constant prices was USD 1,505.8 million for the West Bank* and USD 493.4 million for Gaza Strip.

 

Gross Domestic Product Per Capita

GDP per Capita for Palestine* at constant prices was  USD 431.6 during the 1st quarter 2017, it showed a decrease of 2.1% compared to the 1st quarter 2016. As for the West Bank* it was USD 555.2 at constant prices during the 1st quarter 2017, it showed a decrease by 1.7% during the 1st quarter 2017 compared to the 1st quarter 2016, while for Gaza Strip it was USD 257.0 during the 1st quarter 2017, and it showed a decrease by 2.8% during the 1st quarter 2017 compared to the 1st quarter 2016.

 


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

 

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