Indicators of economy in Palestine
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2018 was at about 11.181 US Dollar per capita. The GDP in Palestine reached 3.474 US Dollar per capita. The gross national product has been at 4.190 US Dollar per capita. Palestine is one of the smaller economies and is currently ranked 122.
Inflation in Palestine was in 2019 at around 1.58%. For the the EU, the average of the same was year at 1.63%.
Compared to Germany, the prices for convenience goods are approximately 18.40% lower.
The Corruption Perceptions Index for the public sector counts 26 and is compared to other countries very bad.Back to overview: West Bank