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شبكة قدس الإخبارية
UNCTAD: Most of Gaza's facilities damaged
Gaza is facing a widespread economic collapse as a result of the extensive destruction caused by the war, with 92% of economic facilities damaged or destroyed. This has led to the loss of hundreds of thousands of jobs and an unemployment rate soaring to 78%. Agricultural and industrial productivity has fallen by over 94%, and the prices of basic goods have increased by 274% in 2025. The estimated reconstruction needs amount to approximately $71.5 billion, with infrastructure damage valued at $35.2 billion and economic losses estimated at $22.7 billion. The damage extends to a noticeable deterioration of the Palestinian economy as a whole, with wide-ranging impacts on the resources of the population and government sustainability. Recovering the sector requires enormous efforts to rebuild affected industries and secure the necessary funding and revenues to overcome the crisis.
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