Palestinian Central Bureau of Statistics (PCBS) said that the Fourth Quarter of 2005 showed a decline of Gross Domestic Product (GDP) estimated at 0.2% compared with the third quarter of 2005.
In a press release issued Sunday, PCBS revealed that short term indicators showed that the value of GDP of West Bank (WB) and Gaza Strip (GS) will reach $4.456 million with an increase of 4.9%.
PCBS said that the flash estimates at constant prices for the fourth quarter of 2005 shows decrease in the performance of the economy in WB and GS, adding that the GDP estimates decreased during the fourth quarter of 2005 by 0.2% compared with the third quarter of the same year, and exhibited an increase of 9.3% compared to the fourth quarter of the year 2004 at constant prices.
