Regulatory Alerts2026-01-01
The Economic Observer, Issue 59/2019
The Palestinian Center for Policy Research and Studies (PCPSR), alongside the Palestine Central Bureau of Statistics, the Palestinian Monetary Authority, and the Palestine Capital Market Authority, issued The Economic Observer (Issue 59/2019) to report that Palestine’s GDP reached approximately $3.9 billion in Q3 2019, driven by a 1% quarter-on-quarter increase and sectoral shifts in agriculture and public administration. The report details a 24.6% unemployment rate, a 33% rise in public expenditure to nearly 3 billion NIS, and stabilized banking sector credit facilities at $8.9 billion alongside a current account deficit of $387 million. Furthermore, it highlights the comprehensive adjustment of national accounts data for 2004–2018, which increased GDP estimates by 6% to 15%, reduced Gaza’s relative share, and revised sectoral contributions to better reflect the real economic structure.