On this page you will find beneficial information regarding foreign direct investment in / trading with Palestine . If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Unitary Semi-Presidential Republic
Population: 4.923 million (2021)
GDP: 18.04 billion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 5% - 15%
Major Exports: Building Stone ($173M), Scrap Iron ($110M), Plastic Lids ($83.1M), Other Furniture ($65.2M), and Seats ($57.3M), exporting mostly to Israel ($1.17B), Jordan ($123M), Saudi Arabia ($22.5M), United Arab Emirates ($22.4M), and United States ($19.7M).
Major Imports: Electricity ($618M), Refined Petroleum ($520M), Animal Food ($440M), Cars ($198M), and Cement ($189M), importing mostly from Israel ($4.16B), Turkey ($444M), Egypt ($264M), China ($248M), and Jordan ($237M).