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An increase in GDP at constant prices in the Palestinian Territory during the 1st quarter 2012 compared to the parallel quarter (1st quarter 2011)

2012-06-19

Preliminary estimates at constant prices showed an increase of 5.6 percent in GDP in the Palestinian Territory* during the 1^st quarter 2012 compared to the 1^st quarter 2011, and it showed a decrease of 3.1 percent compared to the 4^th quarter 2011 at constant prices, and the base year is 2004. In the West Bank,* GDP increased by 5.4 percent during the 1^st quarter 2012 compared to the 1^st quarter 2011. In Gaza Strip, GDP increased by 6.0 percent during the 1^st quarter 2012 compared to the 1^st quarter 2011. GDP for the 1^st quarter 2012 at constant prices was USD 1,116 million for the West Bank* and USD 464 million for Gaza Strip.

Gross Domestic Product Per Capita

GDP per Capita for the Palestinian Territory* at constant prices was USD 395 during the 1^st quarter 2012, it showed an increase of 2.4 percent compared to the 1^st quarter 2011. As for the West Bank* at constant prices it was USD 469 during the 1^st quarter 2012, it showed an increase by 2.6 percent during the 1^st quarter 2012 compared to the 1^st quarter 2011, and for Gaza Strip was USD 286 during the 1^st quarter 2012, and it showed an increase by 2.4 percent during the 1^st quarter 2012 compared to the parallel quarter 2011.