The Palestinian economy is small, just over $18 billion in nominal GDP in 2021, and while the internal economy in the West Bank is relatively open, there are significant constraints on movement and access of goods and people both within the West Bank and Gaza.The Economist ranked Israel as the 4th most successful economy among developed countries for 2022. The IMF estimated Israel's GDP at US$564 billion and its GDP per capita at US$58,270 in 2023 (13th highest in the world), a figure comparable to other highly developed countries.According to UNCTAD, the Palestinian Territory "lies above sizeable reservoirs of oil and natural gas wealth" but "occupation continues to prevent Palestinians from developing their energy fields so as to exploit and benefit from such assets." In 2012, electricity available in West Bank and Gaza was 5,370 GW-hour ( …
Who is big Israel or Palestine : General information
| Israel | Palestine | |
|---|---|---|
| Region: | Western Asia | Western Asia |
| Area: | 22,070 km² | 6,020 km² |
| Government form: | Parliamentary democracy | Autonomous region |
| Capital: | Jerusalem (resp. Tel Aviv) | Ramallah (resp. East Jerusalem) |
How much is Israel worth
According to these conventional data criteria, the wealth of Israel is estimated at 16 trillion shekels ($4.3 trillion).
Who runs Palestine : The Palestinian Authority head of government is Prime Minister Mohammad Shtayyeh. President Abbas is also chairman of the Palestine Liberation Organization and general commander of the Fatah movement. Six Palestinian Authority security forces agencies operated in parts of the West Bank.
Top 10 Largest Economies in the World 2024
| Rank & Country | GDP (USD billion) | GDP Per Capita (USD thousand) |
|---|---|---|
| #1 United States Of America (U.S.A) | 28,783 | 85.37 |
| #2 China | 18,536 | 13.14 |
| #3 Germany | 4,730 | 56.29 |
| #4 Japan | 4,112 | 34.14 |
And the nation that comes out on top here is the one with more money which is Israel Iran has a GDP of 413. Billion while Israel's GDP stands at $539. Billion this affects their respective military
Is Palestine’s economy good
The Palestinian economy, hobbled for years by Israeli occupation in the West Bank and the near-closure of the Gaza Strip's borders with both Israel and Egypt, has suffered a devastating blow from Israel's war against Hamas, the World Bank says in a new report.Israel is not a significant oil producer.Yet after the 1948 war, only 22 percent was left for the Palestinians: the West Bank and Gaza Strip. This remaining 22 percent was later occupied by Israel in 1967. Today, no Palestinian can travel between the Occupied West Bank and the besieged Gaza Strip without an Israeli permit that is almost impossible to obtain.
Early humans arrived in the Fertile Crescent and Palestine about 500,000 years ago. Settled life there began between 12,500 and 9,500 BCE, when the semi-sedentary Natufian culture (named after Wadi Natuf, west of Ramallah) developed.
How much is $100 US in Israel : US Dollars to Israeli New Shekels conversion rates
| USD | ILS |
|---|---|
| 100 USD | 369.63 ILS |
| 500 USD | 1,848.17 ILS |
| 1,000 USD | 3,696.34 ILS |
| 5,000 USD | 18,481.70 ILS |
Are Palestine’s Muslims : Close to 99 per cent of Palestinians are Muslims, with Christians making up less than 1 per cent of the population (PCBS, 2017) with small numbers of members of other communities including around 400 Samaritans resident in the West Bank.
Was Palestine a country before Israel
While the State of Israel was established on 15 May 1948 and admitted to the United Nations, a Palestinian State was not established. The remaining territories of pre-1948 Palestine, the West Bank – including East Jerusalem- and Gaza Strip, were administered from 1948 till 1967 by Jordan and Egypt, respectively.
Africa
- Somalia.
- South Sudan.
- Sudan.
- Tanzania.
- The Gambia.
- Togo.
- Uganda.
- Zambia.
Top 10 economies by GDP per capita ranking 2024
| Country | Continent | GDP-PPP per capita (in USD) |
|---|---|---|
| #1 Luxembourg | Europe | 143,740 |
| #2 Macao SAR | Asia | 134,140 |
| #3 Ireland | Europe | 133,900 |
| #4 Singapore | Asia | 133,740 |
Who is richer Israel or Egypt : Egypt has a GDP per capita of 3,832 while Israel has a GDP per capita of $47,602, or over 12 times as much.