Country:Palestine

SME sector

  • SMEs account for 99% of all registered businesses in the West Bank and Gaza.
  • 81% of these SMEs employ fewer than 20 people.

 

Economy

  • The GDP per captia in Palestine is a modest US$2,900, which is 72 per cent below the world average.
  • The economy is ranked 21st out of 23 MENA-region countries.
  • Despite the ongoing security concerns, more than 1 million people visited Palestine in 2010, making tourism one of the fastest-growing sectors.


Society

  • Unemployment remains a problem as the economy is strangled by the occupation. Official figures stand at 25%, with the figure perhaps twice that in the Gaza Strip.

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