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PCBS | The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2022

The most significant outputs of economic forecasts based on the assumed scenarios in Palestine* for 2022
Publish Date:19-01-2022
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Macroeconomic indicators Base Line ScenarioOptimistic ScenarioPessimistic Scenario
Gross Domestic Product (GDP)in Million Dollars 15354.5 16524.8 14596.5
GDP per capita (Dollars) 3046.9 3279.2 2891.2
Unemployment Rate (%) 27.4 27.0 29.2
Percentage Change (%)
Percentage Change in Gross Domestic Product 2.5 10.4 -2.7
Percentage Change in Gross Final consumption 2.0 6.6 -0.5
Percentage Change in Gross Capital Formation 7.9 10.3 -7.5
Percentage Change in Trade Balance (dificit) 4.6 -1.6 0.9
Percentage Change in Gross Exports 7.5 12.7 -1.6
Percentage Change in Gross Imports 5.6 3.3 0.1
Percentage from the GDP (%)
Percentage Value added of GDP in Agricultural Activity 6.6 7.4 6.5
Percentage Value added of GDP in industrial Activity 11.0 11.6 10.8
Percentage Value added of GDP in Construction Activity 4.6 5.4 4.2
Percentage Value added of GDP in Services and Other items Activity 59.3 59.1 60.8

Data excludes those parts of Jerusalem governorate which were annexed by Israel in 1967.
Data at constant prices with 2015 as the base year
The gross consumption includes net errors and omissions
Services and Other Items (includes services, an addition to electricity and Water supply , wholesale and retail trade, transportation and storage, financial and insurance, information
and communications, public administration and defense, and households services) excluding customs duties and net VAT on imports.
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