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General Information
Facts and Figures
Economic Profile
Political Context
Economic Indicators (Economic
Trends, Government Role, Balance of Payments, GDP Breakdown),
Foreign Trade (Trade
Balance, Main Trading Partners, Export/Imports by Commodity, Trends for
1999),
Market
Access (Trade
Policy of the PNA, Customs Valuation, Export/Import Control, Import
Procedures, Distribution channels, Bilateral Agreements, Investment
Regulations, Restricted Products, Free Trade Zone, Required Trade
Documentation, Quality and Technical Standards, Advertising and Media,
Packaging and Marking),
Investment Climate
(Openness to Foreign Investment, Investment Incentives, Transparency of the
Regulatory System, Labor, Efficient Capital Markets and Portfolio
Investment, Banking Law and Regulation, Dispute Settlement),
Logistics (Exports from
Palestine, Imports from Egypt and Jordan),
Trade
Finance
Facts
and Figures
An Update on Some Economic and
Social Indicators for the Occupied Territories
I. Population
Population, End-2002
Occupied Territories (OTs) 3.6 Million
West Bank 2.3 Million
Gaza Strip 1.3 Million
Source: PCBS, Palestine Central Bureau of Statistics
II. National Income
Estimates
GDP
and GNI at Constant prices, GDP and GNI per Capita, GDP and GNI growth rate,
Exchange rate and the percentage change in Palestinian Territory 1997-2000
|
Indicator |
1997 |
1998 |
1999 |
2000 |
| GDP ( in US$ million) |
4,289.70 |
4,818.80 |
5,089.20 |
4,936,6 |
| GDP per Capita ( in US$) |
1,541.40 |
1,663.10 |
1,685.30 |
1,567,2 |
| GDP growth rate |
13% |
12% |
6% |
-3% |
| GNI ( in US$ million) |
4,941.00 |
5,724.80 |
6,048.50 |
5,736.30 |
| GNI per Capita ( in US$) |
1,775.40 |
1,975.80 |
2,003.00 |
1,821.00 |
| GNI growth rate |
13% |
16% |
6% |
-5% |
| Exchange rate |
3.47 |
3,81 |
4.15 |
4.08 |
| Change As Percentage |
9.10% |
9.80% |
8.90% |
-1.70% |
Source:
PCBS, Palestine Central Bureau of Statistics
III.
Total Value of Imports, Exports, Net Trade Balance for Palestine by year
Value
in Thousand US $
|
Indicator |
1997 |
1998 |
1999 |
2000 |
| Imports |
2,238,561 |
2,375,102 |
3,007,227 |
2,382,807 |
| Exports |
382,423 |
394,846 |
372,148 |
400,857 |
| Net
Trade Balance |
-1,856,138 |
-1,980,256 |
-2,635,079 |
-1,981,949 |
Share
of Palestinian imports, Exports with Israel by year
|
Indicator |
1997 |
1998 |
1999 |
2000 |
| Share
of Palestine's imports from Israel |
82.70% |
77.20% |
61.60% |
73.00% |
| Share
of Palestine's Exports to Israel |
94.10% |
96.60% |
96.90% |
92.20% |
Percentage
of Exports by SITC - 3 Divisions by year
| Division |
1997 |
1998 |
1999 |
2000 |
| Vegetables and fruits |
8.8% |
9% |
9.6% |
15% |
| Tobacco and tobacco manufacture |
4.9% |
5.6% |
3.2% |
2.5% |
| Non-metallic mineral manufactures. |
27.5% |
26.7% |
23.4% |
22.7% |
| Iron
and steel |
5.2% |
4.5% |
3% |
2.9% |
| Furniture and mattresses |
5% |
6.2% |
6.5% |
5.7% |
| Footwear |
4.9% |
4.8% |
6% |
4.6% |
Source:
Palestinian Central Bureau of Statistics 2003, (Un published data).
Note:
PCBS advises to use the numbers cautiously as they are based on variant
statistical sources due to
the Palestinian particularity interims of entries and borders.
IV. Private Investment Indicators
A. Number of New Company Registrations
1997
1,195
1998
1,346
Change
+ 12.6%
Source: Companies Controller in the West Bank and the Companies Registrar in
Gaza, January 1999.
B. Value of Outstanding Credit Extended by Banking System to Private
Businesses
December 1997
USD 424,756,000
December 1998
USD 464,527,000
Change
+9.3%
Source: Palestinian Monetary Authority, February 1999.
C. Credit Extension by NGOs to Small and Medium Enterprises
January-June 1997
USD 11,543,839
January-June 1998
USD 14,647,230
Change
+ 26.8%
Source: NGOs as reported to and compiled by UNSCO, August 1998.
D. New Licensed Construction Area in the OTs (in square meters)
January-June 2001
932,214
January-June 2002
521,136
Change
-43.5%
January-June 1997
1,115,601
January-June 1998
1,053,109
Change
-5.60%
Source: PCBS Construction Statistics:
Building Licenses 2003 and 1997,1998
V. Public Investment: Donor
Disbursements
January-September 1997
USD 334,520,000
January-September 1998
USD 277,359,000
Change
- 17.0%
Source: Ministry of Planning and International Cooperation, Third Quarterly
Monitoring Report of Donor Assistance, 30 September, 1998; Third Quarterly
Monitoring Report of Donor Assistance, 31 October, 1997.
Note: Disbursement figures include grant and loan components of donor
assistance.
VI. Labour Force - Current Main Indicators
Basic changes in the labour force
indicators in Palestinian Territory during: 1995-2002 (ILO Standards)
| Variable |
1998 |
1999 |
2000 |
2001 |
Round
|
| -24 |
-25 |
-26 |
| Q1-2002 |
Q2-2002 |
Q3-2002 |
| Labour Force
Participation Rate |
41.4 |
41.6 |
41.5 |
38.7 |
38.7 |
36.9 |
36.8 |
| Full Employment Rate |
79.1 |
82.8 |
80.9 |
70.5 |
67.6 |
62.9 |
58.5 |
| Underemployment Rate |
6.5 |
5.4 |
5 |
4 |
3.5 |
3.5 |
- |
| Unemployment Rate |
14.4 |
11.8 |
14.1 |
25.5 |
28.9 |
33.6 |
41.5 |
| Employed in Agriculture |
12.1 |
12.6 |
13.7 |
12 |
13.4 |
16.7 |
11.8 |
| Employed in
Construction |
22 |
22.1 |
19.7 |
14.6 |
11.2 |
8.5 |
12.9 |
| Employed in
Manufacturing |
15.9 |
15.5 |
14.3 |
14 |
14.3 |
12.1 |
12.6 |
| Employed in Services |
27.1 |
28.1 |
29.9 |
34.5 |
35.1 |
37.8 |
36.6 |
| Elementary Occupation
Workers |
31 |
29.7 |
21.1 |
16.1 |
15.1 |
13.2 |
15 |
| Craft and Related Trade
Workers |
24.7 |
22.7 |
22 |
19 |
17.9 |
15.6 |
18.6 |
| Employed in Israel
& Settlements |
21.7 |
23 |
19.6 |
13.7 |
11.6 |
7.3 |
11.5 |
| Employers |
5.8 |
5.5 |
4.6 |
4.7 |
3.5 |
3.3 |
4 |
| Self - Employed |
21 |
18.7 |
19.6 |
23.9 |
27.6 |
27.3 |
24.7 |
| Wage Employees |
65.3 |
67.8 |
66.1 |
62.2 |
59.4 |
58 |
62.7 |
| Unpaid Family Members |
7.9 |
8 |
9.7 |
9.2 |
9.5 |
11.4 |
8.6 |
| Average Monthly Work
Days * |
23 |
22.6 |
23.2 |
23.1 |
22.7 |
23.1 |
22.6 |
| Average Weekly Work
Hours * |
45 |
44.2 |
43.1 |
42.2 |
40.7 |
41.4 |
41.6 |
| Median Daily Net Wage (NIS)
* |
57.7 |
69.2 |
69.2 |
61.5 |
60 |
57.7 |
61.5 |
* :workers in Israel and settlements are included
Source
Palestinian Central Bureau of Statistics
VII.
Living Levels
A. Average Monthly Wage
January-September, 1997 USD
354.97
January-September, 1998 USD
364.74
Change
+ 2.7%
Source: UNSCO estimates based on PCBS labour force surveys.
Note: Average monthly wage is for a fully-employed person.
B. Average Monthly Household Consumption Expenditures
January-March, 1997 USD 754.49
January-March, 1998 USD 674.24
Change
- 8.5%
Source: UNSCO estimates based on PCBS household consumption and expenditure
surveys.
Note: Household consumption expenditures refer to 7-person households.
Consumer price indices and percent change
in Palestinian
territory
(Baes year1996=100 )
| Period |
Consumer
price indices |
Percent
change % |
| *1/1/1997
- 31/12/1997 |
107.62 |
7.62 |
| *1/1/1998
- 31/12/1998 |
113.63 |
5.58 |
| *1/1/1999
- 31/12/1999 |
119.93 |
5.54 |
| *1/1/2000
- 31/12/2000 |
123.28 |
2.8 |
| *1/1/2001
- 31/12/2001 |
124.79 |
1.23 |
| **1/1/2002
- 30/11/2002 |
133.85 |
5.51 |
* Palestinian Central Bureau of Statistics, 2003. Consumer Price Index: January - December 2001. Ramallah-Palestine.
** Palestinian Central Bureau of Statistics, 2003 . ( unpublished data )
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