GDP Up in 2011, says Statistics Bureau.
Preliminary estimates of quarterly national accounts for4th quarter 2011 showedan increase of 2.2% in GDP compared to3rd quarter 2011, and an increase of 11.2% compared to4th quarter 2010. In the West Bank, GDP increased by 2.9% during4th quarter 2011 compared to the 3rd quarter 2011, while in the Gaza Strip, GDP increased by 0.5% during the same period, said PCBS. GDP for4th quarter 2011 at constant prices was $1,203 million for the West Bank and $439 million for the Gaza Strip. GDP per capita for the Palestinian Territory at constant prices increased by 7.4% for the year 2011 compared to2010 and reached $1,614. GDP per capita was $413 during4th quarter 2011, registering an increase of 1.5% compared to3rd quarter 2011, and an increase of 7.9% compared with4th quarter 2010. As for the West Bank, GDP per capita at constant priceswas $509 during4th quarter, showing an increase by 2.2% compared to3rd quarter, and registering an increase of 2.9% compared with4th quarter 2010. In addition, GDP per capita for the Gaza Strip was $273 during4th quarter, showing a decrease by 0.4% compared to3rd quarter, while increasing by 25% compared with4th quarter 2010. R.Q./M.S.
2012 Palestine News & Information Agency (WAFA). All rights reserved.
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|Publication:||Palestine News Agency (WAFA) (Gaza, Palestine)|
|Date:||Mar 20, 2012|
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