Palestine's economy faces constraints from political conflict and restrictions, with services, agriculture, and construction as main sectors. Olive oil, stone, and textiles are key products, but movement barriers hinder trade. Aid-dependent, it relies on international support and remittances. The tech sector emerges in Ramallah, fostering startups despite challenges. High unemployment, especially in Gaza, exacerbates poverty. Water scarcity and land issues limit agriculture. Efforts to build resilience include solar energy and tourism to historical sites. Palestine's economy struggles with Israeli dependencies but shows potential through human capital and regional partnerships for future development.
World Bank Data. 2000-2024. Last updated Oct 2025.
Refer to the latest year-over-year Palestine GDP statistics.