Time In Palestine
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
Capital Jerusalem
International code +970
Internet code .PS
Total Area: 6,450 km²
Climate:
300 Days of Sunshine
Average temperatures: 
Winter: High: 16°C , Low: 7°C
Summer: High: 27°C , Low: 15°C
Estimated Population End 2017* 4.85 million population
Principal Cities: Jerusalem; Bethlehem; Hebron; Jenin; Jericho; Nablus; Ramallah & Al-Bireh; Gaza City;  Rafah; Khan Younes
Languages: Arabic (official language)
English (common) 
French, German, Hebrew, Italian, and Spanish are widely spoken
GDP at Constant Price 2017 (Value in Million USD) * 13,686.4
GDP per Capita at Constant Price 2017 (USD) * 3,072.4
GDP at Current Price 2017  (Value in Million USD) * 14,498.1
GDP per Capita at Current Price 2017 (USD) * 2,254.6
Total Registered Value of Exports 2017 (In Thousands USD) * 1,064,884
Total Registered Value of Imports 2017 (In Thousands USD) * 5,853,850
Percentage of Households Who have Computer (2017) 43.1
Number of Fixed Telephone Lines,2017 362,376
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.