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state of palestine
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Capital:
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ramallah
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Pos.:
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Surface:
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6.020 Kmq
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165
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Population 2024:
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5.483.450
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Pop. density:
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910,87 in./Kmq
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Pop. growth 4 ys:
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+
7,48 %
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GDP per capita:
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3.302 $
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Nominal GDP 2023:
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18,109 billions $
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Estimate Growth GDP 2025:
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PPP per capita:
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4.984 $
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139
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GDP PPP 2020:
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27,332 billions $
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137
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Internet TLD:
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On 15 November 1988 in Algiers, then-Chairman of the PLO Yasser Arafat proclaimed the establishment of the State of Palestine. A year after the signing of the Oslo Accords in 1993, the PNA was formed to govern (in varying degrees) areas A and B in the West Bank, comprising 165 enclaves, and the Gaza Strip. After Hamas became the PNA parliament's leading party in the most recent elections (2006), a conflict broke out between it and the Fatah party, leading to Gaza being taken over by Hamas in 2007
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Economy:
Following the January 2006 legislative elections, decisively won by Hamas, the Quartet (apart from Russia) cut all funds to the Palestinian Authority led by prime minister Ismail Haniyah (Hamas). The PA had a monthly cash deficit of $60 million-$70 million after it received $50 – $55 million a month from Israel in taxes and customs duties collected by Israeli officials at the borders. After the elections, the stock market fell about 20%, and the PA exhausted its borrowing capacity with local banks
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Economy
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