3800000
Arabic, Hebrew (spoken by many Palestinians), English (widely understood)
- Conventional long form
- none
- Conventional short form
- Gaza Strip
- Local long form
- none
- Local short form
- Qita' Ghazzah
- Name
- East Jerusalem
- Geographic coordinates
- Time difference
Israeli security measures and Israeli-Palestinian violence continue to degrade economic conditions in the Gaza Strip, the smaller of the two areas comprising the Palestinian territories. Israeli-imposed border controls became more restrictive after HAMAS seized control of the territory in June 2007. They have produced high unemployment, elevated poverty rates, and a sharp contraction of the private sector, which had relied primarily on export markets.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
olives, fruit, vegetables, flowers; beef, dairy products
textiles, food processing, furniture
- Commodities
- strawberries, carnations, vegetables, fish (small and irregular shipments, as permitted to transit the Israeli-controlled Kerem Shalom crossing)
- Partners
- Commodities
- food, consumer goods, fuel
- Partners