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PCBS | Balance of Payments In Palestine* for the 2019

Balance of Payments In Palestine* for the 2019
(Value in million USD)
Publish Date:24-01-2021
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Current account (net)-1779.9
Goods (net)-5509.6
Services (net)-992.8
Income (net)3030.9
Current transfers (net)1691.6
Capital and financial account (net)**1690.9
Capital account (net)284.4
Financial account (net)**1406.5
Net errors and omissions****89.0

Net errors and omissions**** 89.0
*The data excludes those parts of Jerusalem which were annexed by Israel occupation in 1967.
** Includes Reserve Assets.
*** Currency and deposits: Including the cash of foreign currency in the banks and the deposits of the Palestinian institutions deposited abroad.
**** Currency and deposits : Includes the deposits of non-residents deposited in Local banks.
***** Errors and omissions (net): Includes the different between current account (net) one hand, and capital and financial account (net) on the other hand.
• PCPS and PMA have revised and updated the current account of balance of payments time series data for the period 2013-2017, based on the national accounts updates for the same period, to ensure consistency between the balance of payments and the national accounts data.
The data of Financial account will be updated according to the recomdations of IMF technical mission due to this topic.