Economy - overview:
High population density and Israeli security controls placed on the Gaza Strip since the end of the second intifada have degraded economic conditions in this territory, which is smaller than the West Bank. Israeli-imposed border closures, which became more restrictive after HAMAS seized control of the territory in June 2007, have resulted in high unemployment, elevated poverty rates, and the near collapse of the private sector that had relied on export markets. The population is reliant on large-scale humanitarian assistance - led by UN agencies. Changes to Israeli restrictions on imports in 2010 resulted in a rebound in some economic activity, but regular exports from Gaza still are not permitted.
GDP (purchasing power parity):
see entry for West Bank
[see also: GDP country ranks ]
GDP - real growth rate:
see entry for West Bank
[see also: GDP - real growth rate country ranks ]
GDP - per capita (PPP):
see entry for West Bank
[see also: GDP - per capita country ranks ]
GDP - composition by sector:
see entry for West Bank (2011 est.)
Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Investment (gross fixed): Budget: Inflation rate (consumer prices): Commercial bank prime lending rate: Stock of narrow money: Stock of broad money: Stock of domestic credit: Agriculture - products: Industries: Industrial production growth rate: Electricity - production: Electricity - consumption: Electricity - exports: Electricity - imports: Oil - production: Oil - consumption: Oil - exports: Oil - imports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
NOTE: 1) The information regarding Gaza Strip on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Gaza Strip Economy 2012 information contained here. All suggestions for corrections of any errors about Gaza Strip Economy 2012 should be addressed to the CIA.
348,200 (2010)
country comparison to the world: 159
[see also: Labor force country ranks ]
agriculture: 5.1%
[see also: Labor force - by occupation - agriculture country ranks ]
industry: 15.6%
[see also: Labor force - by occupation - industry country ranks ]
services: 79.3% (2010 est.)
[see also: Labor force - by occupation - services country ranks ]
40% (2010 est.)
country comparison to the world: 183
[see also: Unemployment rate country ranks ]
38% (2010 est.)
[see also: Population below poverty line country ranks ]
18.9% of GDP (2011 est.)
country comparison to the world: 136
[see also: Investment (gross fixed) country ranks ]
see entry for West Bank
5% (2011 est.)
country comparison to the world: 114
note: includes West Bank
[see also: Inflation rate (consumer prices) country ranks ]
see entry for West Bank
[see also: Commercial bank prime lending rate country ranks ]
$379.8 million
country comparison to the world: 168
[see also: Stock of narrow money country ranks ]
$6.674 billion
country comparison to the world: 114
[see also: Stock of broad money country ranks ]
$1.503 billion (31 December 2011 est.)
country comparison to the world: 143
[see also: Stock of domestic credit country ranks ]
olives, fruit, vegetables, flowers; beef, dairy products
textiles, food processing, furniture
see entry for West Bank
[see also: Industrial production growth rate country ranks ]
51,000 kWh (2011 est.)
country comparison to the world: 214
[see also: Electricity - production country ranks ]
202,000 kWh (2009)
country comparison to the world: 214
[see also: Electricity - consumption country ranks ]
0 kWh (2011 est.)
[see also: Electricity - exports country ranks ]
193,000 kWh (2011 est.)
[see also: Electricity - imports country ranks ]
see entry for West Bank
[see also: Oil - production country ranks ]
see entry for West Bank
[see also: Oil - consumption country ranks ]
see entry for West Bank
[see also: Oil - exports country ranks ]
see entry for West Bank
[see also: Oil - imports country ranks ]
strawberries, carnations, vegetables
see entry for West Bank
[see also: Imports country ranks ]
food, consumer goods
note: Israel permits limited imports through crossings with Gaza, but many "dual use" goods, such as construction materials, are smuggled through tunnels beneath Gaza's border with Egypt
see entry for West Bank
[see also: Debt - external country ranks ]
new Israeli shekels (ILS) per US dollar -
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
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This page was last modified 07-Mar-12