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 2016*
4.81 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 2015 (Value in Million USD) *
7,719.3
GDP per Capita at Constant Price 2015 (USD) *
1,744.5
GDP at Current Price 2015  (Value in Million USD) *
12,673.0
GDP per Capita at Current Price 2015 (USD) *
2,863.9
Total Registered Value of Exports 2015 (In Thousands USD) *
957,811
Total Registered Value of Imports 2015 (In Thousands USD) *
5,225,467
Percentage of Households Who have Computer (2015)
65.7
Number of Fixed Telephone Lines,2015
406,442
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, Palestine in Figures 2016.