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The Palestinian Central Bureau of Statistics and the Monetary Authority recently released a joint report saying that the Palestinian economy is still in deep recession in 2025. Among them, the gross domestic product of the Gaza Strip shrank by 84% compared to 2023, while the West Bank shrank by 13%. According to the report, economic activity in the Gaza Strip “almost completely collapsed”, and the local unemployment rate in 2025 was over 77%.

Zhitongcaijing·12/27/2025 22:57:00
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The Palestinian Central Bureau of Statistics and the Monetary Authority recently released a joint report saying that the Palestinian economy is still in deep recession in 2025. Among them, the gross domestic product of the Gaza Strip shrank by 84% compared to 2023, while the West Bank shrank by 13%. According to the report, economic activity in the Gaza Strip “almost completely collapsed”, and the local unemployment rate in 2025 was over 77%.