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Palestine

Welcome to the price transmission page for Palestine. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Palestine

Historic Warnings per Commodity

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Background information

Palestine is geographically split as Palestine on the West Bank of the River Jordan and the diaspora Gaza on the Mediterranean coast. The population of around five million people is aiming for self-determination, but has achieved only limited success so far due to interventions by the Israeli economy and government. Many Palestinians rely on jobs in the Israeli market. Palestine has been classified as a non-member observer state by the UN..

Agriculture is the backbone of the Palestine’s economy, even if the sector formally employs only roughly one-tenth of the labor force and contributes to around 5% of GDP. Nevertheless, the sector is crucial for exports and a general base of living: informally roughly every ninth is informally employed.

Ongoing actions taken by the Israeli government such as restricting mobility continue to harm Palestine’s economy and households. The conflict in 2014 in the Gaza Strip created a humanitarian crisis and has dramatically worsened the development challenges. Approximately a quarter of the Palestinian labor force is still unemployed and according to the United Nation’s Relief and Works Agency, almost 80% of Gaza’s population is currently aid-dependent.