Gaza's Economy Stalled After 1000 Days of Conflict
After a thousand days of Israeli war, the Gaza Strip has shown signs of a comprehensive economic collapse, with gross domestic product declining by between 85% and 88%. The damages have resulted in losses exceeding $71 billion. The war destroyed 94% of agricultural land and 95% of factories, leaving unemployment rates between 85% and 90%, and inflation soaring to over 230%. The economic situation is suffering from a complete collapse of the banking and construction sectors, along with a sharp decline in residents' living standards, all amidst ongoing blockade and Israeli aggression.
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