Wednesday, May 7, 2025

Palestine Economy 5-8-25

Palestine's nominal GDP is projected to reach $17.92 billion by the end of 2025. In 2023, the GDP was $17.4 billion.

https://www.google.com/search?q=palistine+nominal+gdp+2020+to+2025 

Palestine’s Unemployment Rate is 24.42%.

Palestine Population

The population of Palestine, including the West Bank and Gaza Strip, is projected to reach approximately 5.54 million by early 2025. This represents an increase of around 90,000 people, or 1.7%, compared to early 2024. Specifically, the population in the West Bank is estimated at 3.19 million, and in Gaza, it's estimated at 1.99 million. 

In Palestine, the nominal GDP per capita was reported as $3,372 in 2023. The World Bank data indicates a GDP per capita of $3,367 in December 2023, according to CEIC Data. For 2025, the forecast is around $2,946, according to Trading Economics

In 2023, Palestine exported a total of $189 million. During the five years prior, from 2018 to 2023, Palestine's exports decreased by $969 million. The top export categories include scrap iron, tropical fruits, pure olive oil, building stone, and other prepared meat. The main export destinations are JordanTurkey, the United Arab EmiratesSaudi Arabia, and the United Kingdom

https://www.google.com/search?q=palestine+exports+2020+to+present

In Palestine, the government debt to GDP ratio is projected to be 23% by the end of 2025. 

https://www.google.com/search?q=palistine+debt+to+nominal+gdp+2020+to+2025

Palestinian economy relies heavily on donations and international aid from various sources, including UNRWA, Qatar, Turkey, the European Union, and non-governmental organizations. Contribution to the economy also comes from remittances sent by the Palestinian diaspora. https://www.google.com/search?q=palistine+per+import+export+trade+balance+2020+to+2025

When Arab leaders gathered on Tuesday in Egypt for an extraordinary summit, the stakes could not have been higher for security and peace in the Middle East. Tensions have been rising again between Israel and Hamas in Gaza, as both accuse the other of ceasefire violations. Israeli military operations continue in the southern regions in Syria, as well as sporadic bombardment of Hezbollah’s positions in southern Lebanon. In the United States, the administration of President Donald Trump’s talks of mass displacement plans for Palestinians have quieted but still have the region on edge.

The summit’s unity emphasized the collective political and diplomatic maturing among the Arab countries. The countries’ leaders came together and issued a remarkable pro-peace declaration that displayed solidarity with the Palestinian people while addressing most of Israel’s and the United States’ concerns.

https://carnegieendowment.org/emissary/2025

Comments

Palestine has a low GDP, a low Per Capita GDP, low exports and a very high Unemployment at 24%.

Palestine is a failed state that was started by the UN as a dumping ground for Arab countries to send their criminals and mental patients. Palestine continues to be supported by the UN. Palestine has been attacking Israel since 1948.

Norb Leahy, Dunwoody GA Tea Party Leader

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