Palestine (more info)
Economy Overview:
In 1991 roughly 40% of Gaza Strip workers were employed across the border by
Israeli industrial, construction, and agricultural enterprises, with worker
remittances supplementing GDP by roughly 50%. Gaza depends upon Israel for
nearly 90% of its external trade. Aggravating the impact of Israeli military
administration, unrest in the territory since 1988 (intifadah) has raised
unemployment and lowered the standard of living of Gazans. The Persian Gulf
crisis and its aftershocks also have dealt blows to Gaza since August 1990.
Worker remittances from the Gulf states have dropped, unemployment has
increased, and exports have fallen. The withdrawal of Israel from the Gaza
Strip in May 1994 brings a new set of adjustment problems.
National product:
GDP - purchasing power parity - $1.7 billion (1993 est.)
National product real growth rate:
NA%
National product per capita:
$2,400 (1993 est.)
Inflation rate (consumer prices):
5.7% (1993)
Unemployment rate:
45% (1994 est.)
Budget:
revenues:
$33.6 million
expenditures:
$34.5 million, including capital expenditures of $NA (FY89/90)
Industrial production:
growth rate 11% (1991 est.)
Electricity:
power supplied by Israel
Economic Activity
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
Agriculture:
olives, citrus and other fruits; vegetables; beef and dairy products
Economic aid:
$240 million disbursed from international aid pledges in 1994
Currency:
1 new Israeli shekel (NIS) = 100 new agorot
Exchange rates:
new Israeli shekels (NIS) per US$1 - 3.0270 (December 1994), 3.0111 (1994),
2.8301 (1993), 2.4591 (1992), 2.2791 (1991), 2.0162 (1990)
Fiscal year:
calendar year (since 1 January 1992)
Gaza - key foreign trade data
Gaza - Trade, Industry & Marketing informationExports:
$83 million (f.o.b., 1992) Commodities: citrus Major Trade Partners:: Israel, Egypt
Imports:
$365 million (c.i.f., 1992) Commodities: food, consumer goods, construction materials Major Trade Partners:: Israel, Egypt
Customized business information
Business Directories
Each entry has Business name, Complete mailing address, city/state, zip, country, Fax or Tlx,
HS (Harmonized System) and SIC codes, Business classification, Product category in 4
languages.
of all products of Gaza with all countries of the world for 10 years
The report can be prepared as you desire:
A detailed evaluation of economic, investment and business risks on short-term to long-term
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When requesting you must provide the products/industry you are dealing with.
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Additional Information & sources
More Sources of Information on Gaza, other countries - industries
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Listing of Businesses & trade promotion organizations in Gaza
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|
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| Send mail to Gaza Business Information
Dept.
Identification of key political and geo-socio-economic
opportunities/threats
This unique report Includes the key contacts in the country.
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