West Bank

Continent

Asia

Capital

N/A

Population

3,243,369

Sub-Zones

General Information

Basic details about West Bank

Population:: 3,243,369
Area:: 5,860 sq km
Currency:: new Israeli shekels
Languages:: Arabic, Hebrew, English

Economic Overview

Key economic indicators for West Bank

GDP:: $27.446 billion
GDP per Capita:: $5,300
GDP Growth:: -5.41%
Inflation:: 5.87%
Unemployment:: 24.42%
Public Debt:: 24.4% of GDP

Political System

Governance structure of West Bank

Major Political Parties

Not specified

International Relations

Global position and alliances

UN Member:: No
EU Member:: No
Diplomatic Presence:: Not specified

Major Alliances and Organizations

Economic Sectors & Trade

Detailed economic breakdown

Major Economic Sectors

Agriculture

5.7% (2022 est.)

Industry

17.4% (2022 est.)

Services

58.3% (2022 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Trade Volume

Exports:: $3.413 billion
Imports:: $11.637 billion

Major Trading Partners

Jordan 51

Turkey 12

UAE 8

Saudi Arabia 5

UK 4

Economic Outlook

West Bank has a -5.41% GDP growth rate with 5.87% inflation. The economy is characterized by a strong agriculture sector.