ÿþ<html> <head> <title> Gaza Strip Economy 2012, CIA World Factbook </title> <META NAME="Description" CONTENT="Gaza Strip Economy 2012, CIA World Factbook"> <META NAME="keywords" CONTENT="Gaza Strip, Economy, 2012, CIA, World, Factbook"> <script language="JavaScript"> function AddToFaves_hp(){ var is_4up = parseInt(navigator.appVersion); var is_mac = navigator.userAgent.toLowerCase().indexOf("mac")!=-1; var is_ie = navigator.userAgent.toLowerCase().indexOf("msie")!=-1; var thePage = location.href; if (thePage.lastIndexOf('#')!=-1) thePage = thePage.substring(0,thePage.lastIndexOf('#')); if (is_ie && is_4up && !is_mac) window.external.AddFavorite(thePage,document.title); else if (is_ie || document.images) booker_hp = window.open(thePage,'booker_','menubar,width=325,height=100,left=140,top=60'); //booker_hp.focus(); } //--> </script> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://apis.google.com/js/plusone.js'; 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/* WFB Large Rectangle */ google_ad_slot = "8137512903"; google_ad_width = 336; google_ad_height = 280; //--> </script> <script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> </script> <br> Page last updated on February 8, <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#economy_overview">Economy - overview:</a></b><br> High population density and Israeli security controls placed on the Gaza Strip since the end of the second intifada have degraded economic conditions in this territory, which is smaller than the West Bank. Israeli-imposed border closures, which became more restrictive after HAMAS seized control of the territory in June 2007, have resulted in high unemployment, elevated poverty rates, and the near collapse of the private sector that had relied on export markets. The population is reliant on large-scale humanitarian assistance - led by UN agencies. Changes to Israeli restrictions on imports in 2010 resulted in a rebound in some economic activity, but regular exports from Gaza still are not permitted. <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#GDP">GDP</a> (purchasing power parity):</b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_purchasing_power_parity_2012_0.html" target="_blank"><u>GDP country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_real_growth_rate">GDP - real growth rate:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_real_growth_rate_2012_0.html" target="_blank"><u>GDP - real growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_per_capita">GDP - per capita:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/gdp_per_capita_2012_0.html" target="_blank"><u>GDP - per capita country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#gdp_composition_by_sector">GDP - composition by sector:</a></b><br> see entry for West Bank (2011 est.) <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#labor_force">Labor force:</a></b><br> 348,200 (2010) <br><span style="padding-left:7px;">country comparison to the world: 159 <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_2012_0.html" target="_blank"><u>Labor force country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#labor_force_by_occupation">Labor force - by occupation:</a></b><br> <i>agriculture:</i> 5.1% <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_agriculture_2012_0.html" target="_blank"><u>Labor force - by occupation - agriculture country ranks</u></a> ] <br><i>industry:</i> 15.6% <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_industry_2012_0.html" target="_blank"><u>Labor force - by occupation - industry country ranks</u></a> ] <br><i>services:</i> 79.3% (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/labor_force_by_occupation_services_2012_0.html" target="_blank"><u>Labor force - by occupation - services country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#unemployment_rate">Unemployment rate:</a></b><br> 40% (2010 est.) <br><span style="padding-left:7px;">country comparison to the world: 183 <div class="category_data" style="padding-top: 3px;">40% (2009 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/unemployment_rate_2012_0.html" target="_blank"><u>Unemployment rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#population_below_poverty_line">Population below poverty line:</a></b><br> 38% (2010 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/population_below_poverty_line_2012_0.html" target="_blank"><u>Population below poverty line country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#investment_gross_fixed">Investment (gross fixed):</a></b><br> 18.9% of GDP (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 136 <br>[see also: <a href="http://www.photius.com/rankings/economy/investment_2012_0.html" target="_blank"><u>Investment (gross fixed) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#budget">Budget:</a></b><br> see entry for West Bank <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#inflation_rate_consumer_prices">Inflation rate (consumer prices):</a></b><br> 5% (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 114 <div class="category_data" style="padding-top: 3px;">6% (2010 est.) <br><i> <em>note:</em></i> includes West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/inflation_rate_2012_0.html" target="_blank"><u>Inflation rate (consumer prices) country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#commercial_bank_prime_lending_rate">Commercial bank prime lending rate:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/commercial_bank_prime_lending_rate_2012_0.html" target="_blank"><u>Commercial bank prime lending rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_narrow_money">Stock of narrow money:</a></b><br> $379.8 million <br><span style="padding-left:7px;">country comparison to the world: 168 <div class="category_data" style="padding-top: 3px;">$232.6 million <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_narrow_money_2012_0.html" target="_blank"><u>Stock of narrow money country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_broad_money">Stock of broad money:</a></b><br> $6.674 billion <br><span style="padding-left:7px;">country comparison to the world: 114 <div class="category_data" style="padding-top: 3px;">$6.674 billion <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_broad_money_2012_0.html" target="_blank"><u>Stock of broad money country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#stock_of_domestic_credit">Stock of domestic credit:</a></b><br> $1.503 billion (31 December 2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 143 <div class="category_data" style="padding-top: 3px;">$1.353 billion <br>[see also: <a href="http://www.photius.com/rankings/economy/stock_of_domestic_credit_2012_0.html" target="_blank"><u>Stock of domestic credit country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#agriculture_products">Agriculture - products:</a></b><br> olives, fruit, vegetables, flowers; beef, dairy products <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industries">Industries:</a></b><br> textiles, food processing, furniture <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#industrial_production_growth_rate">Industrial production growth rate:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/industrial_production_growth_rate_2012_0.html" target="_blank"><u>Industrial production growth rate country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_production">Electricity - production:</a></b><br> 51,000 kWh (2011 est.) <br><span style="padding-left:7px;">country comparison to the world: 214 <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_production_2012_0.html" target="_blank"><u>Electricity - production country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_consumption">Electricity - consumption:</a></b><br> 202,000 kWh (2009) <br><span style="padding-left:7px;">country comparison to the world: 214 <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_consumption_2012_0.html" target="_blank"><u>Electricity - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_exports">Electricity - exports:</a></b><br> 0 kWh (2011 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_exports_2012_0.html" target="_blank"><u>Electricity - exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#electricity_imports">Electricity - imports:</a></b><br> 193,000 kWh (2011 est.) <br>[see also: <a href="http://www.photius.com/rankings/economy/electricity_imports_2012_0.html" target="_blank"><u>Electricity - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_production">Oil - production:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_production_2012_0.html" target="_blank"><u>Oil - production country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_consumption">Oil - consumption:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_consumption_2012_0.html" target="_blank"><u>Oil - consumption country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_exports">Oil - exports:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_exports_2012_0.html" target="_blank"><u>Oil - exports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#oil_imports">Oil - imports:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/oil_imports_2012_0.html" target="_blank"><u>Oil - imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exports_commodities">Exports - commodities:</a></b><br> strawberries, carnations, vegetables <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports">Imports:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/imports_2012_0.html" target="_blank"><u>Imports country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#imports_commodities">Imports - commodities:</a></b><br> food, consumer goods <br><i> <em>note:</em></i> Israel permits limited imports through crossings with Gaza, but many "dual use" goods, such as construction materials, are smuggled through tunnels beneath Gaza's border with Egypt <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#debt_external">Debt - external:</a></b><br> see entry for West Bank <br>[see also: <a href="http://www.photius.com/rankings/economy/debt_external_2012_0.html" target="_blank"><u>Debt - external country ranks</u></a> ] <p><b><a href = "http://www.theodora.com/wfb/wfb2000/definitions.html#exchange_rates">Exchange rates:</a></b><br> new Israeli shekels (ILS) per US dollar - <div class="category_data" style="padding-top: 3px;">3.532 (2011) <div class="category_data" style="padding-top: 3px;">1 (2010 est.) <div class="category_data" style="padding-top: 3px;">3.9323 (2009) <div class="category_data" style="padding-top: 3px;">3.56 (2008) <div class="category_data" style="padding-top: 3px;">4.14 (2007) </font> <p> <p> <BR> <P> <font size = "-2"><B> NOTE: The information regarding Gaza Strip on this page is re-published from the 2012 World Fact Book of the United States Central Intelligence Agency. 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