عOmar Shaban IsmailPolitical Economy · Palestine

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Gaza's Economy in Figures

The latest official indicators on the economy of Gaza and the West Bank after the war: output, unemployment, prices, displacement, destruction, reconstruction costs and food security, each figure with its source and date.

This page gathers the latest official indicators on the economy of the Gaza Strip and the West Bank as their sources published them: the Palestinian Central Bureau of Statistics (PCBS), the Palestine Monetary Authority, the World Bank, the European Union and the United Nations, UNCTAD, UN OCHA and the IPC food-security classification. Each figure is reproduced as stated in its source, without rounding or calculation, with the date of publication and a link to the original document. These are the named sources' figures, not Omar Shaban's estimates.

Output and growth

Gaza Strip real GDP, further decline in 2025 compared with 2024 (constant 2015 prices): −8.7% — as of 2025-12-21, PCBS & PMA

Change in Gaza Strip real GDP in 2025 compared with 2024, World Bank estimate (largely reflecting a low base effect in 2024): >+30% — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Decline in Gaza Strip GDP in 2025 compared with 2023, the last pre-war year (constant prices): −84% — as of 2025-12-21, PCBS & PMA

West Bank real GDP growth in 2025 compared with 2024 (constant 2015 prices): +4.4% — as of 2025-12-21, PCBS & PMA

Gaza Strip GDP in the second quarter of 2026 (constant 2015 prices, preliminary): $152M — as of 2026-09-30, PCBS

Gaza Strip real GDP per capita in 2024 (constant 2015 US dollars): $161 — as of 2025-09-30, UNCTAD (TD/B/72/3)

PCBS and the World Bank read the direction of Gaza's economy in 2025 differently: PCBS estimates a further 8.7% decline after the collapse of 2024, while the World Bank estimates growth exceeding 30%, which it attributes largely to the low base. Either way, output remained far below its pre-war level; PCBS puts it 84% below 2023.

Labour, prices and public finance

Unemployment rate in the Gaza Strip, 2025: 78% — as of 2025-12-21, PCBS & PMA

Unemployment rate in the West Bank, second quarter of 2026 (ICLS-19 definition, ages 15+): 27.9% — as of 2026-08-11, PCBS

Annual increase in consumer prices (CPI) in the Gaza Strip, 2025 vs 2024: 21.93% — as of 2026-01-14, PCBS

Palestinian Authority fiscal financing gap in 2025, as a share of GDP (after grants and Israeli deductions from clearance revenues): 7.7% — as of 2026-05-19, World Bank — Economic Update

Poverty across the Palestinian territories (West Bank around 18%, Gaza approaching near-universality): >50% — as of 2026-05-19, World Bank — Economic Update

Population, displacement and destruction

Estimated population of the Gaza Strip at the end of 2025 (million): 2.13M — as of 2025-12-31, PCBS

People displaced inside the Gaza Strip since October 2023 (nearly 1.9 million, many repeatedly): ~1.9M — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Share of Gaza’s population who have lost their housing (over 1.2 million people): ~60% — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Share of all structures in the Gaza Strip damaged or destroyed (satellite imagery): ~81% — as of 2025-10-31, UNOSAT

Share of the Gaza Strip’s land under access restrictions: 65% — as of 2026-10-05, UN OCHA

The cost of reconstruction

Estimated direct damage to physical assets in the Gaza Strip: $35.2B — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Estimated recovery and reconstruction needs for the Gaza Strip (over 3–5 years): $71.4B — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Debris to be removed and managed in the Gaza Strip, in million tonnes (removal cost over US$1.7 billion): 68M+ — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA

Food and human development

Share of Gaza’s population in Crisis or worse acute food insecurity (IPC Phase 3+), over 1.2 million people: 59% — as of 2026-07-23, IPC

Setback to human development in the Gaza Strip, in years (projected HDI of 0.339, the lowest on record): 77 — as of 2026-04-20, World Bank, EU & UN — Gaza RDNA (UNDP)

Omar Shaban's analysis

His articles and analyses on Gaza's economy · His writing on Gaza's reconstruction · His policy ideas

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