DEVELOPMENT IN MIDDLE EAST
ISRAEL AND PALESTINE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$34, 800
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$4, 300
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$16, 500
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$4, 800
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Detailed explanation-1: -GDP per Capita in West Bank and Gaza averaged 2987.53 USD from 2020 until 2021, reaching an all time high of 3052.58 USD in 2021 and a record low of 2922.47 USD in 2020. West Bank and Gaza GDP per capita-values, historical data and charts-was last updated on February of 2023.
Detailed explanation-2: -GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population.
Detailed explanation-3: -GDP for the third quarter of 2022 at constant prices was $3, 243 million for the West Bank and $667 million for Gaza Strip. GDP per Capita for Palestine at constant prices was $771 during the third quarter of 2022, an increase of 2% compared to the parallel quarter of 2021.
Detailed explanation-4: -Gross domestic product per capita measures a country’s economic output per person and is calculated by dividing the GDP of a country by its population.