ian self-rule areas and a severe
disruption of trade and labor movements. In 2001, and even more
severely in 2002, Israeli military measures in Palestinian Authority
areas resulted in the destruction of capital plant and
administrative structure, widespread business closures, and a sharp
drop in GDP. Including West Bank, the UN estimates that more than
100,000 Palestinians out of the 125,000 who used to work in Israel,
in Israeli settlements, or in joint industrial zones have lost their
jobs. In addition, about 80,000 Palestinian workers inside the
Territories are losing their jobs. International aid of $2 billion
in 2001-02 to the West Bank and Gaza Strip prevented the complete
collapse of the economy and allowed Finance Minister Salam FAYYAD to
implement several financial and economic reforms. Budgetary support,
however, was not as forthcoming in 2003.

GDP:
purchasing power parity - $768 million (2003 est.)

GDP - real growth rate:
4.5% (2003 est.)

GDP - per capita:
purchasing power parity - $600 (2003 est.)

GDP - composition by sector:
agriculture: 9%
industry: 28%
services: 63% (includes West Bank) (2002 est.)

Population below poverty line:
60% (2003 est.)

Household income or consumption by percentage share:
lowest 10%: NA
highest 10%: NA

Inflation rate (consumer prices):
2.2% (includes West Bank) (2001 est.)

Labor force:
NA (1997)

Labor force - by occupation:
agriculture 13%, industry 21%, services 66% (1996)

Unemployment rate:
50% (includes West Bank) (2003 est.)

Budget:
revenues: $676.6 million
expenditures: $1.155 billion, including capital expenditures of $NA
(includes West Bank) (2003)

Agriculture - products:
olives, citrus, vegetables; beef, dairy products

Industries:
generally small family businesses that produce textiles, soap,
olive-wood carvings, and mother-of-pearl souvenirs; the Israelis
have established some small-scale modern industries in an industrial
center

Industrial production growth rate:
NA

Electricity - production:
NA kWh; note - electricity supplied by Israel

Electricity - consumption:
NA kWh

Electricity - exports:
0 kWh (2001)

Electricity - imports:
NA kWh; note - electricity supplied by Israel (2001)

Exports:
$603 million f.o.b., includes West Bank

Exports - commodities:
citrus, flowers

Exports - partners:
Israel, Egypt, West Bank

Imports: