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World Bank: Palestine Shows Economic Signs
The 2026 World Bank report indicates that the Palestinian economy continues to face significant challenges despite some indicators of improvement. It recorded growth of approximately 3% in the West Bank and 30% in Gaza during 2025, but these figures reflect a deteriorating economic situation due to war and destruction. Unemployment remains sharply high, reaching 78% in Gaza and 27.5% in the West Bank, with unemployment rates particularly high among those without jobs. The financial sector is suffering from escalating deficits, with a budget shortfall of about 7.7% of GDP, a funding gap of $1.3 billion, and accumulating debts—especially in the public sector—threatening the stability of the banking system. Economic recovery requires financial stability, the restoration of financial flows, improved movement of goods and workers, increased international support, and a focus on strengthening institutions and the private sector, along with achieving a balanced financial relationship with Israel to ensure sustainable growth.
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