Ammon News - Official data released on Sunday showed that the Palestinian economy grew by 4% in 2025 compared to the previous year, but remained approximately 20% lower than in 2023, the year when the Israeli war on Gaza began in late 2023.

The Palestinian Central Bureau of Statistics reported that the economy grew by 3% in the fourth quarter of 2025 compared with the same quarter in 2024.

The bureau attributed the growth in the fourth quarter to increases in several economic activities, including services, which rose by 11%, information and communications by 12%, and industry by 6%.

Conversely, several sectors recorded declines, including transport and storage, down 11%; construction, down 10%; finance and insurance, down 5%; and agriculture, forestry, and fishing, down 4%.

The gross domestic product (GDP) during the fourth quarter of 2025 reached approximately $3.039 billion in the West Bank, compared with $176 million in the Gaza Strip.

Regarding per capita GDP, the data showed a slight increase to $596 at constant prices during the fourth quarter of 2025, marking a 1% rise compared with the same period in 2024.

WAFA