Summary
The Palestinian economy is experiencing a major decline due to ongoing conflict and fiscal challenges. Reports show significant reductions in GDP and trade, with high unemployment rates and mounting debts. The Palestinian government is introducing emergency measures to address the crisis.
Key Facts
- The Palestinian economy is in decline, partly due to conflict and trade restrictions.
- GDP in Gaza dropped by 84% in 2025 compared to 2023.
- Unemployment in Gaza reached over 77% in 2025.
- Israel is withholding $4.5 billion in Palestinian revenues.
- Palestinian public debt reached $14.6 billion, exceeding 2024's GDP.
- The economy is at its weakest since the Palestinian Authority was established in 1994.
- The government is trying new measures to support industries and protect citizens.
