Палестина - Темпы роста ВВП (г/г)

The Palestine economy advanced 2.5 percent year-on-year in the second quarter of 2019, easing from a 3.8 percent expansion in the previous period. Net foreign trade contributed negatively to growth, as exports advanced 1.5 percent (from 4.2 percent in Q1) while imports rose 4.3 percent (from 10.9 percent in Q1). Meantime, final consumption output increased at a much softer pace (2.8 percent vs 6.8 percent). On the other hand, gross fixed capital formation production advanced faster (3.0 percent vs 0.4 percent). On a quarterly basis, the GDP contracted 2.0 percent, following a 2.5 percent fall in the first quarter of 2018.

The Palestine economy expanded 3.8 percent year-on-year in the first quarter of 2019, accelerating from a 3.4 percent growth in the previous period. This was the fastest pace of expansion since the fourth quarter of 2017, as private consumption increased faster (11.8 percent vs 11.4 percent in Q4). On the other hand, fixed investment growth slowed sharply (0.4 percent vs 3.4 percent) while government spending continued to contract (-8.7 percent vs -2.9 percent). Net external contributed negatively to GDP growth, as imports jumped 10.9 percent (vs 15.6 percent in Q4) while exports rose at a slower 4.2 percent (vs 12.1 percent in Q4). On a quarterly basis, the GDP shrank 2.5 percent in the first quarter, following a 3.1 percent expansion in the previous period.

The Palestine economy expanded 3.4 percent year-on-year in the fourth quarter of 2018, rebounding from a 0.5 percent fall in the previous period. Private consumption rebounded sharply (11.4 percent from -0.8 percent in Q3) while fixed investment continued to rise (3.4 percent from 5.1 percent). On the other hand, net external contributed negatively to GDP growth, as export increased by 12.1 percent (from 7.7 percent in Q3) while imports went up at a faster 15.6 (from 7.9 in Q3). Meantime, government spending declined (-2.9 percent from 8.5 percent in Q3). On a quarterly basis, the GDP grew 3 percent, following a 4 percent expansion in the third quarter. For 2018 as a whole, the economy grew 0.90 percent, compared to a 3 percent expansion in 2017.