State of Palestine
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Its population in 2018 was 5,052,776 [1]
In 2015, 10.47% of its total energy
consumption was renewable [2]
In 2021, its GDP grew by 7.05% [2]
In 2021 it had a negative Current
Account Balance of US$bn 2.26 [3]
Its unemployment rate in 2021 was 26.39% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2013 was 0.45% [2]
What free trade areas or economic unions is it a member of?
Member of the Euro-Mediterranean partnership (EuroMed) since 28/11/1995
Other members:
Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco, Syrian Arab Republic, Tunisia, Türkiye
What trade deals are there between Euro-Mediterranean partnership and other countries and economic unions?
None
What trade deals are there with other countries and economic unions?
MERCOSUR - State of Palestine free trade agreement (from 25/04/2024)
EU - Palestinian Authority Interim Association Agreement (from 01/07/1997)
EFTA - Palestinian Authority Free Trade Agreement (from 01/07/1999)
Türkiye - Palestinian Authority free trade agreement (from 01/06/2005)
UK - Palestinian Authority political, trade and partnership agreement (from 01/01/2021)
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Trade with the United Kingdom
Source: UK Office for National Statistics, October 2022.
Contains public sector information licensed under the Open Government Licence v3.0.
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