All Middle East markets
West Bank & Gaza
A young, entrepreneurial market whose economy is currently severely affected by conflict; data availability is limited.
Population
≈5.5 million (2024)
GDP (nominal)
≈US$13 billion (2024 est.)
Real growth
≈ −27% (2024; conflict)
Capital
Ramallah (admin.)
Currency
Shekel & dinar in use
Economy & outlook
West Bank & Gaza
A young, well-educated market of SMEs and services; ICT outsourcing and diaspora links sustain activity under severe constraints.
Data availability is limited and conditions are conflict-affected; PIPA administers investment-law incentives where operations are feasible.
Focus sectors
SMEs & services · ICT · agriculture
Sources: World Bank · IMF · Palestine Investment Promotion Agency
