Movement and access restrictions, violent attacks, and the slow pace of post-conflict reconstruction continue to degrade economic conditions in the Gaza Strip, the smaller of the two areas comprising the Palestinian territories. Israeli controls became more restrictive after HAMAS seized control of the territory in June 2007. Under Hamas control, Gaza has suffered from rising unemployment, elevated poverty rates, and a sharp contraction of the private sector, which had relied primarily on export markets.
Since April 2017, the Palestinian Authority has reduced payments for electricity supplied to Gaza and cut salaries for its employees there, exacerbating poor economic conditions. Since 2014, Egypt’s crackdown on the Gaza Strip’s extensive tunnel-based smuggling network has exacerbated fuel, construction material, and consumer goods shortages in the territory. Donor support for reconstruction following the 51-day conflict in 2014 between Israel and HAMAS and other Gaza-based militant groups has fallen short of post-conflict needs.
see entry for the West Bank
-15.2% (2014 est.)
5.6% (2013 est.)
7% (2012 est.)
note: excludes the West Bank
$6,220 (2019 est.)
$6,318 (2018 est.)
$6,402 (2017 est.)
see entry for the the West Bank
$2.938 billion (2014 est.)
note: excludes the West Bank
0.2% (2017 est.)
-0.2% (2016 est.)
note: excludes the West Bank
agriculture: 3% (2017 est.)
industry: 21.1% (2017 est.)
services: 75% (2017 est.)
note: data exclude the West Bank
household consumption: 88.6% (2017 est.)
government consumption: 26.3% (2017 est.)
investment in fixed capital: 22.4% (2017 est.)
investment in inventories: 0% (2017 est.)
exports of goods and services: 18.6% (2017 est.)
imports of goods and services: -55.6% (2017 est.)
note: data exclude the West Bank
tomatoes, cucumbers, olives, poultry, milk, potatoes, sheep milk, eggplants, gourds
textiles, food processing, furniture
2.2% (2017 est.)
note: see entry for the West Bank
1.24 million (2017 est.)
note: excludes the West Bank
agriculture: 5.2%
industry: 10%
services: 84.8% (2015 est.)
note: data exclude the West Bank
27.9% (2017 est.)
27% (2016 est.)
note: data exclude the West Bank
total: 41.7%
male: 37.3%
female: 64.5% (2021 est.)
note: includes the West Bank
30% (2011 est.)
note: data exclude the West Bank
33.7 (2016 est.)
see entry for the West Bank
calendar year
-$1.444 billion (2017 est.)
-$1.348 billion (2016 est.)
note: excludes the West Bank
$1.955 billion (2017 est.)
$1.827 billion (2016 est.)
strawberries, carnations, vegetables, fish (small and irregular shipments, as permitted to transit the Israeli-controlled Kerem Shalom crossing)
$8.59 billion (2018 est.)
$7.852 billion (2017 est.)
see entry for the West Bank
food, consumer goods, fuel
$446.3 million (31 December 2017 est.)
$583 million (31 December 2015 est.)
see entry for the West Bank
see entry for the West Bank
NOTE: The information regarding Gaza Strip on this page is re-published from the 2022 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Gaza Strip 2022 information contained here. All suggestions for corrections of any errors about Gaza Strip 2022 should be addressed to the CIA or the source cited on each page.
This page was last modified 01 Dec 23, Copyright © 23 ITA all rights reserved.