Time In Palestine

Announcement to investors

Our dear investors,
Under the current unfortunate conditions that our country is going through in terms of COVID situation, and with accordance to the decisions of the Palestinian government, kindly click here to submit any enquiry or applications. Face-to-face reporting of any questions or complaints will be eliminated to maintain your safety.

Home » Why Invest in Palestine? »  

Country Profile
Palestine is a rich country in both its history and culture. It is situated at the crossroads between Africa, Europe and the Middle East .Palestine has a unique blend of languages, cultures and beliefs. It is also home to some of the most significant religious monuments in the world, the following schedule describes the socio-political characteristics of the country, and the basics to start a business in the vibrant and emerging market of Palestine.

Official Name:

State of Palestine



International code


Internet code


Size of Palestinian Areas    

6,450 km²


300 Days of Sunshine

Average temperatures: 
Winter: High: 16°C , Low: 7°C
Summer: High: 27°C , Low: 15°C

Estimated Population End 2020 

13,686,203 Population worldwide:

5,164,173 Population in Palestine

6,145,182 Population in Arab Countries

738,366 Population in Foreign Countries

1,634,482 Population in Occupied Lands of 1948

Governorates of Palestine:  

Northern Governorates: Jerusalem, Hebron, Bethlehem, Ramallah and Al-Bireh, Jericho, Salfit, Nablus, Qalqilya, Tulkarm, Jenin, Tubas
Southern Governorates: Gaza, North Gaza, Khan Younis, Deir El Balah, Rafah 


Arabic (official language)
English (common) 
French, German, Hebrew, Italian, and Spanish are widely spoken

GDP at Constant Price 2019(Value in Million USD) 


GDP per Capita at Constant Price 2019 (USD) 


GDP at Current Price 2019  (Value in Million USD) 


GDP per Capita at Current Price 2019 (USD) 


Total Registered Value of Exports 2019 (Value in Million USD) 


Total Registered Value of Imports 2019 (Value in Million USD)


Percentage of Households Who have Computer (2019)


Number of Fixed Telephone Lines,2018


Literacy Percentage,2020


Illiteracy  Percentage,2020


Bachelor degree and above,2020


Used Currencies:

(Palestinian Pound: currently not in use)

Currently used currencies: New Israeli Shekel (NIS) Jordanian Dinar (JD) US Dollar(USD); EURO

Palestinian Central Bureau of Statistics.