{"id":206726,"date":"2011-07-31T00:00:00","date_gmt":"2019-03-12T19:14:44","guid":{"rendered":"https:\/\/www.un.org\/unispal\/?p=206726"},"modified":"2019-03-12T19:14:44","modified_gmt":"2019-03-12T19:14:44","slug":"auto-insert-206726","status":"publish","type":"document","link":"https:\/\/www.un.org\/unispal\/document\/auto-insert-206726\/","title":{"rendered":"OPT socio-economic report (July 2011) &#8211; UNSCO"},"content":{"rendered":"<div>\n<div>\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27619%27%20height%3D%2792%27%20viewBox%3D%270%200%20619%2092%27%3E%3Crect%20width%3D%27619%27%20height%3D%2792%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image0.GIF\" border=\"0\" height=\"92px\" width=\"619px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><span style=\"color:#000000;font-size:12pt;font-family:Arial, san-serif;\">&nbsp;<\/span><span style=\"color:#000000;font-size:13pt;font-family:Arial, san-serif;\"><strong>SOCIO-ECONOMIC REPORT <\/strong><\/span><\/p><\/div>\n<div style=\"color:#000000;text-align:center;font-size:13pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>July 2011 <\/strong><\/p><\/div>\n<div style=\"text-align:right;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><a href=\"http:\/\/www.unsco.org\/Documents\/Special\/Socioeconomic%20supplement%20%20July%202011%20Arabic.pdf\" style=\"color:#0000ff;text-align:right;font-size:12pt;font-family:Times New Roman, serif;\"><strong>&#1575;&#1604;&#1578;&#1602;&#1585;&#1610;&#1585; &#1575;&#1604;&#1573;&#1602;&#1578;&#1589;&#1575;&#1583;&#1610; &#1575;&#1604;&#1573;&#1580;&#1578;&#1605;&#1575;&#1593;&#1610; &#1578;&#1605;&#1608;&#1586; 2011<\/strong><\/a><\/p><\/div>\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<table cellspacing=\"0\" background=\"#000000\" width=\"100%\" style=\"text-align:left;margin-left:initial;margin-right:auto;\">\n<tr>\n<td width=\"34%\" valign=\"top\" style=\"text-align:center;border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27276%27%20height%3D%27596%27%20viewBox%3D%270%200%20276%20596%27%3E%3Crect%20width%3D%27276%27%20height%3D%27596%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image1.GIF\" border=\"0\" height=\"596px\" width=\"276px\" \/><\/p>\n<\/td>\n<td width=\"65%\" valign=\"top\" style=\"border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\"><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Since 1996 UNSCO has continually monitored and reported on socio-economic conditions in the occupied Palestinian territory (oPt) and, in the process, established an extensive socio-economic database. UNSCO does not produce primary data but rather makes use of available data, that in the oPt are relatively abundant. The information that is available, however, often remains dispersed and is not automatically shared between institutions. The objective of the database is to collate a wide range of social and economic indicators in one location, and, through the report, present a broad perspective of socio-economic conditions in the oPt. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The purpose of the present report is to: 1) broaden the access to the information contained in the database through publication of the most recent data gathered; and 2) provide readers with up-to-date information on short term changes in socio-economic conditions in the occupied Palestinian territory. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The report is divided into seven sections, as follows: <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Section I. consists of a one-page fact sheet that provides a snapshot view of the socio-economic situation for the current and previous reporting periods. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Sections II. and III. report on the macro-economic and fiscal situation, and sections IV. and V. give an overview of developments in the banking and private sectors, respectively. Section VI. deals with trade, and Section VII. is dedicated to issues on Gaza. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Two annexes provide detailed reference information. Annex A presents detailed statistical reference tables, and Annex B lists the main socio-economic terms used in this report along with their corresponding definitions. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Topics of current interest are analyzed in-depth in periodic &#8220;Supplements&#8221;. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Most sections provide data on the six preceding reporting periods for each indicator and, for comparison purposes, data for a reference period immediately before the Al-Aqsa intifada, which started in September 2000, or the closest time period available. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:8pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><i>Note: The data for the West Bank and oPt in this report do not include occupied East Jerusalem unless otherwise specified. <\/i><\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27705%27%20height%3D%27918%27%20viewBox%3D%270%200%20705%20918%27%3E%3Crect%20width%3D%27705%27%20height%3D%27918%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image2.GIF\" border=\"0\" height=\"918px\" width=\"705px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>II. MACRO-ECONOMIC SITUATION <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>II.a Production <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Real GDP grew by less than 1% in Q1\/2011 compared to the previous quarter, but quarterly GDP in Q1\/2011 was 8% higher than in the same quarter in 2010. In the West Bank real GDP decreased by 5% in Q1\/2011, but it increased by 18% in the Gaza Strip. Real GDP reached US$1,483 million in Q1\/2011, most of which (US$1,082 million) was generated in the West Bank. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27374%27%20height%3D%27212%27%20viewBox%3D%270%200%20374%20212%27%3E%3Crect%20width%3D%27374%27%20height%3D%27212%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image3.GIF\" border=\"0\" height=\"212px\" width=\"374px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The Industrial Production Index (IPI), used to gauge short term changes in productive activity, increased by 7.0% in June 2011. An increase of 103.1% in productive activity was recorded in the mining and quarrying sector (whose relative share in the index is 4.6%), and an increase of 15.9% was observed in the water supply and electricity sector (14.8% relative share). The manufacturing industry (with 80.6% relative share) registered a 3.3% increase during the month. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27333%27%20height%3D%27233%27%20viewBox%3D%270%200%20333%20233%27%3E%3Crect%20width%3D%27333%27%20height%3D%27233%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image4.GIF\" border=\"0\" height=\"233px\" width=\"333px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27699%27%20height%3D%27378%27%20viewBox%3D%270%200%20699%20378%27%3E%3Crect%20width%3D%27699%27%20height%3D%27378%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image5.GIF\" border=\"0\" height=\"378px\" width=\"699px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>I.b Prices <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The Consumer Price Index (CPI), used to measure inflation, reflects an increase of only 0.4% in prices in July 2011 compared to the previous month, but an inflation rate of 3.0% in the year since July 2010. The highest price rises in July 2011 were in restaurants, cafes and hotels, medical care, and food and soft drinks, while the largest price decreases were in transportation and recreational, cultural goods and services. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27331%27%20height%3D%27209%27%20viewBox%3D%270%200%20331%20209%27%3E%3Crect%20width%3D%27331%27%20height%3D%27209%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image6.GIF\" border=\"0\" height=\"209px\" width=\"331px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The CPI increased by 0.1% in July 2011 in the West Bank, led primarily by increases in the price of textiles, clothing and footwear, medical care, and food and soft drinks. The cost of transportation and of recreational, cultural goods and services presented the biggest price decrease in this region. <\/p><\/div>\n<p><\/p>\n<div style=\"text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><span style=\"color:#000000;font-size:9pt;font-family:Arial, san-serif;\">In East Jerusalem the CPI rose by 0.5%, pushed primarily by a significant rise in the cost of restaurants, cafes and hotels, followed by food and soft drinks. The price of recreational, cultural goods and services saw the biggest decline, followed by the cost of textiles, clothing and footwear<\/span><span style=\"color:#0000e0;font-size:9pt;font-family:Arial, san-serif;\">. <\/span><\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27468%27%20height%3D%27282%27%20viewBox%3D%270%200%20468%20282%27%3E%3Crect%20width%3D%27468%27%20height%3D%27282%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image7.GIF\" border=\"0\" height=\"282px\" width=\"468px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">In the Gaza Strip the CPI increased by 0.1% during the month of July. The most significant price increase in Gaza during the month was in medical care, followed by recreational, cultural goods and services. The price of textiles, clothing and footwear saw the biggest decline, followed by the cost of transportation. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>II.c Exchange rates <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The NIS remained unchanged in value against the US dollar in July 2011, but it increased in value against the euro. Similarly, the JOD exchange rate to the US dollar remained unchanged, and it changed slightly against the euro. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27596%27%20height%3D%27122%27%20viewBox%3D%270%200%20596%20122%27%3E%3Crect%20width%3D%27596%27%20height%3D%27122%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image8.GIF\" border=\"0\" height=\"122px\" width=\"596px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>II.d Labor market <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">In Q2\/2011, 43% of persons aged 15 years and above (about 1,047,900 persons) participated in the labor force. About 711,100 of these economically active persons were in the West Bank and 336,800 were in the Gaza Strip. The labor force participation rate in the West Bank reached 45%, but it was only 38% in the Gaza Strip. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27652%27%20height%3D%27157%27%20viewBox%3D%270%200%20652%20157%27%3E%3Crect%20width%3D%27652%27%20height%3D%27157%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image9.GIF\" border=\"0\" height=\"157px\" width=\"652px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Both the employment-to-working age population ratio and the labor force participation rate continue to be higher in the West Bank than in Gaza, and they are more than four times higher for men than for women. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27661%27%20height%3D%27249%27%20viewBox%3D%270%200%20661%20249%27%3E%3Crect%20width%3D%27661%27%20height%3D%27249%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image10.GIF\" border=\"0\" height=\"249px\" width=\"661px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Even as the labor force expanded by more than 50,000 persons, unemployment decreased by three percentage points in Q2\/2011, but it still affected 19% of the labor force, including 33% of those between 20 and 24 years of age. The fall in the jobless rate can be traced to a fall in unemployment in the West Bank from 17% to 15%, and a significant reduction in unemployment, from 31% to 26%, in Gaza. The existing gender differential in unemployment increased in Q2\/2011. Whereas unemployment for men decreased by five percentage points to 16% during the quarter, it increased by two percentage points to 29% for women. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Average daily wages (excluding those employed in Israel and settlements) fell to NIS78 in Q2\/2011. Average wages in the West Bank remained unchanged at NIS85 during the quarter, but those in Gaza fell by NIS3 to NIS62, thus widening the existing gap. Average wages in both the private and public sectors fell by NIS1 to NIS70 and NIS88, respectively.&nbsp;<\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27701%27%20height%3D%2798%27%20viewBox%3D%270%200%20701%2098%27%3E%3Crect%20width%3D%27701%27%20height%3D%2798%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image11.GIF\" border=\"0\" height=\"98px\" width=\"701px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>III. PUBLIC SECTOR <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Government revenue in Q1\/2011 was 31% higher than in the previous quarter, and 26% higher than in Q1\/2010. Government non-wage expenditure decreased by 32% and net lending by 5% in the first quarter of 2011, but wage expenditure increased by 5%. The government deficit shrank considerably to US$183.1 million, but external budgetary support also fell, to US$166.3. (See further details in Table A3. in Annex A.) <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27370%27%20height%3D%27248%27%20viewBox%3D%270%200%20370%20248%27%3E%3Crect%20width%3D%27370%27%20height%3D%27248%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image12.GIF\" border=\"0\" height=\"248px\" width=\"370px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>IV. BANKING SECTOR <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Information on bank credit, particularly credit to productive sectors, gives an indication of economic progress and business confidence. Data for oPt show a gradual increase in the use of credit over time, and in Q1\/2011 the total value of credit increased by more than 9% to reach US$3,155 million. The proportion of credit destined to businesses increased by one percentage point and represented 59% of the total in Q1\/2011. The proportion of credit absorbed by consumers remained unchanged at 29% during the quarter, and that corresponding to public services decreased by one percentage point to 12%. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27296%27%20height%3D%27242%27%20viewBox%3D%270%200%20296%20242%27%3E%3Crect%20width%3D%27296%27%20height%3D%27242%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image13.GIF\" border=\"0\" height=\"242px\" width=\"296px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Most of bank credit is in the form of loans, and their size relative to total bank credit grew by one percentage point to reach 70% in Q1\/2011. At the same time, the proportion of overdrafts in total credit decreased, while that of leasing was almost unchanged. (See further details in Tables A4. and A5. in Annex A.) <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27631%27%20height%3D%27238%27%20viewBox%3D%270%200%20631%20238%27%3E%3Crect%20width%3D%27631%27%20height%3D%27238%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image14.GIF\" border=\"0\" height=\"238px\" width=\"631px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Q1\/2011 saw an increase of 1% in total bank deposits. Deposits stem mainly from the private sector (90% of total deposits), particularly from residents (87%). The proportion corresponding to non-residents increased by almost 5% in Q1, following sharp falls in Q3 and Q4\/2010. The proportion of public sector deposits in total deposits contracted by 1% in Q1\/2011. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27687%27%20height%3D%27184%27%20viewBox%3D%270%200%20687%20184%27%3E%3Crect%20width%3D%27687%27%20height%3D%27184%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image15.GIF\" border=\"0\" height=\"184px\" width=\"687px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Current accounts are the main form of deposits for residents and non-residents, as well as for government. (See further details in Table A6. in Annex A.) <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The amount of loans relative to deposits gives an idea of the liquidity of the banking system. In a functioning economy, a relative increase in loans versus deposits (within limits) can be perceived as a positive sign, as monies are not saved but invested or consumed, which in turn stimulates the economy. In oPt, the loan-to-deposit ratio increased from 40% to 43% in Q1\/2011 as loans grew much faster than deposits. (See further details in Table A7. in Annex A.) <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27350%27%20height%3D%27239%27%20viewBox%3D%270%200%20350%20239%27%3E%3Crect%20width%3D%27350%27%20height%3D%27239%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image16.GIF\" border=\"0\" height=\"239px\" width=\"350px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>V. PRIVATE SECTOR <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">July 2011 data show an increase of 2% in the area licensed for new construction in the West Bank compared to the previous month. This level is 13% lower than the pre-intifada (August 2000) level. In the Gaza Strip, on the other hand, there was an increase of 98% in the area licensed for new construction in June 2011. (See further details in Table A9. in Annex A.) <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27314%27%20height%3D%27195%27%20viewBox%3D%270%200%20314%20195%27%3E%3Crect%20width%3D%27314%27%20height%3D%27195%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image17.GIF\" border=\"0\" height=\"195px\" width=\"314px\" \/><\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27221%27%20height%3D%2712%27%20viewBox%3D%270%200%20221%2012%27%3E%3Crect%20width%3D%27221%27%20height%3D%2712%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image18.GIF\" border=\"0\" height=\"12px\" width=\"221px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">One hundred and ten new companies were registered in the West Bank in July, that is, 20 less than in June 2011. In Gaza, the data reveal 38 new companies registered in July 2011, ten less than in June 2011, and less than half the pre-intifada level of 94 new registrations in August 2000. (See further details in Table A8. in Annex A). <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27267%27%20height%3D%27207%27%20viewBox%3D%270%200%20267%20207%27%3E%3Crect%20width%3D%27267%27%20height%3D%27207%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image19.GIF\" border=\"0\" height=\"207px\" width=\"267px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Forty-six companies from five economic sectors (banking and financial services, insurance, investments, industry, and services) are currently listed in the Palestinian Stock Exchange. At the end of July 2011 market capitalization was about US$2.8 billion. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Data for the month of July show a decrease of approximately 23% in the number of shares traded and 33% in the value of shares traded. Of the 39 companies traded in the month, 13 were gainers, 22 were decliners and 4 companies were stable. The Al-Quds index increased by 0.4% in July 2011. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27688%27%20height%3D%27100%27%20viewBox%3D%270%200%20688%20100%27%3E%3Crect%20width%3D%27688%27%20height%3D%27100%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image20.GIF\" border=\"0\" height=\"100px\" width=\"688px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>VI. TRADE <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Exports of goods increased by 8% in June 2011 and reached US$72.9 million. Palestinian exports of goods to Israel increased by 5% during the month, whereas those to other countries increased by 39%. Still, Israel continues to be the main market for Palestinian goods, absorbing 90% of total exports from oPt in June 2011. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Imports of goods decreased by 8% in June 2011, amounting to US$366.5 million. Imports from Israel decreased by 10% during the month, whereas imports from other countries decreased by 3% compared to May 2011. Imports from Israel represented 65% of total imports. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">A goods trade deficit of US$293.6 million was recorded in June 2011, reflecting an 11% decrease from the previous month. <\/p><\/div>\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<table cellspacing=\"0\" background=\"#000000\" width=\"100%\" style=\"text-align:left;margin-left:initial;margin-right:auto;\">\n<tr>\n<td width=\"50%\" valign=\"top\" style=\"text-align:center;border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27177%27%20height%3D%27186%27%20viewBox%3D%270%200%20177%20186%27%3E%3Crect%20width%3D%27177%27%20height%3D%27186%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image21.GIF\" border=\"0\" height=\"186px\" width=\"177px\" \/><\/p>\n<\/td>\n<td width=\"50%\" valign=\"top\" style=\"text-align:center;border-color:#000000;border-style:solid;border-top-width:0px;border-bottom-width:0px;border-left-width:0px;border-right-width:0px;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27207%27%20height%3D%27182%27%20viewBox%3D%270%200%20207%20182%27%3E%3Crect%20width%3D%27207%27%20height%3D%27182%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image22.GIF\" border=\"0\" height=\"182px\" width=\"207px\" \/><\/p>\n<\/td>\n<\/tr>\n<\/table>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>VII. GAZA STRIP <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">There was an increase in the amount of cooking gas imported in Gaza in July 2011, with 3,236 tons allowed in through Kerem Shalom (Karm Abu Salem). This represents a 15% increase compared to the volume imported in June 2011. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27665%27%20height%3D%27171%27%20viewBox%3D%270%200%20665%20171%27%3E%3Crect%20width%3D%27665%27%20height%3D%27171%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image23.GIF\" border=\"0\" height=\"171px\" width=\"665px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">July 2011 data show a 3% increase in the total number of truckloads (including fuel) imported into the Gaza Strip compared to June 2011 (See further details in Table A10. in Annex A.) <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27451%27%20height%3D%27274%27%20viewBox%3D%270%200%20451%20274%27%3E%3Crect%20width%3D%27451%27%20height%3D%27274%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image24.GIF\" border=\"0\" height=\"274px\" width=\"451px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Of the 4,302 truckloads entering Gaza through Karem Shalom during the month, 3,183 (74%) were for the private sector and the remaining 1,119 (26%) were designated for humanitarian aid agencies. Food items made up 33% of imported goods (1,406 truckloads), while the remaining 67% of imports (2,896 truckloads) were non-food items. Eight hundred truckloads entering Gaza brought materials for approved international humanitarian building projects, including 544 truckloads (37,824 tons) of gravel, 202 truckloads (8,017 tons) of cement and 54 truckloads (1,735 tons) of steel bars for UNRWA, UNDP, PWA, USAID, WFP, and ANERA building projects. <\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Following the June 2010 decision to ease the closure of Gaza, monthly import levels have averaged 4,235 truckloads. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27679%27%20height%3D%27286%27%20viewBox%3D%270%200%20679%20286%27%3E%3Crect%20width%3D%27679%27%20height%3D%27286%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image25.GIF\" border=\"0\" height=\"286px\" width=\"679px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">On 8 December 2010 Israel announced its intention to gradually expand the number and range of exports permitted from Gaza. According to this announcement, allowed exports will include agricultural produce, furniture and textiles. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27642%27%20height%3D%27267%27%20viewBox%3D%270%200%20642%20267%27%3E%3Crect%20width%3D%27642%27%20height%3D%27267%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image26.GIF\" border=\"0\" height=\"267px\" width=\"642px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">In July 2011 no exports left Gaza. During the last cash crop export season, which lasted from 28 November 2010 to 15 May 2011, a total of 290 truckloads were exported via Kerem Shalom: 210 truckloads (397.6 tons) of strawberries, 74 truckloads (10,668,520 stems) of carnations, 3 truckloads (6 tons) of sweet peppers, and 3 truckloads of cherry tomatoes (6.7 tons). In May, the Palestinian Agricultural Relief Committees (PARC) indicated that the cash crops exports season for 2010\/2011 had ended. <\/p><\/div>\n<p><\/p>\n<div style=\"text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27658%27%20height%3D%27912%27%20viewBox%3D%270%200%20658%20912%27%3E%3Crect%20width%3D%27658%27%20height%3D%27912%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image27.GIF\" border=\"0\" height=\"912px\" width=\"658px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27627%27%20height%3D%27733%27%20viewBox%3D%270%200%20627%20733%27%3E%3Crect%20width%3D%27627%27%20height%3D%27733%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image28.GIF\" border=\"0\" height=\"733px\" width=\"627px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27698%27%20height%3D%27762%27%20viewBox%3D%270%200%20698%20762%27%3E%3Crect%20width%3D%27698%27%20height%3D%27762%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image29.GIF\" border=\"0\" height=\"762px\" width=\"698px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27661%27%20height%3D%27871%27%20viewBox%3D%270%200%20661%20871%27%3E%3Crect%20width%3D%27661%27%20height%3D%27871%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image30.GIF\" border=\"0\" height=\"871px\" width=\"661px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27681%27%20height%3D%27729%27%20viewBox%3D%270%200%20681%20729%27%3E%3Crect%20width%3D%27681%27%20height%3D%27729%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image31.GIF\" border=\"0\" height=\"729px\" width=\"681px\" \/><\/p><\/div>\n<div style=\"text-align:left;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">\n<hr height=\"7px\" \/>\n<\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>ANNEX B: Terms and definitions <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Adjusted unemployment rate <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The adjusted unemployment rate presents the number of unemployed according to the relaxed definition as a percentage of the labor force. The relaxed definition of unemployment includes all persons aged 15 or over who are unemployed plus those who, during the reference period, are without work, are available for work but did not seek work (and therefore could not be classified as unemployed) because they felt that no work would be available to them. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The adjusted unemployment rate gives a broader measure of the unutilized supply of labor. The relaxation of the standard definition of unemployment makes sense in circumstances where the conventional means of seeking work are of limited relevance, where the labor market is largely unorganized, where labor absorption is inadequate or where the labor force is largely self-employed. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Al-Quds index <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the primary stock index of the Palestine Securities Exchange (PSE). <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Area licensed for new construction <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the area licensed for construction in new and existing buildings. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Average daily net wage <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This average is calculated as the total net wages paid to all employees divided by total workdays. Wages received in different currencies are converted into New Israeli Shekels according to the exchange rate in the survey month. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Bank credit <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">It measures the borrowing capacity provided to individuals, firms and organizations by the banking system in the form of loans or other types of credit. Credit is generally believed to contribute to economic growth. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Bank deposits <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Deposits are accounts maintained by a bank on behalf of customers. This indicator is often used to measure the safety of and people&#8217;s trust in the banking system. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Consumer Price Index (CPI) <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The CPI is a statistical tool used to measure changes over time in the prices paid by households for a basket of goods and services that they customarily purchase for consumption. The CPI is used to measure inflation over time. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The main categories of goods and services included in the basket of goods are: fruits, vegetables and other food items, beverages, tobacco, textiles, clothing, footwear, furniture, household appliances, household utensils, fuel, power, transportation, communications, medical and pharmaceutical products, goods for personal care, services charges for public transport, communication, hospital care, and others, and school fees. Data on prices for consumers are collected through visits conducted by trained staff to selected markets including groceries, supermarkets, markets, restaurants, general services offices, hospitals, private schools, etc. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Effective\/partial closure days <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Effective closure days are calculated by adding all days when a crossing is fully or partially closed, excluding weekends and holidays. Partial closure means that the crossing is closed for more than one hour but not for a full day, in which case it would be considered fully closed. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Weekends and holidays include all Saturdays, half the Fridays (since labor and commercial flows are about half their normal workday level on Fridays) and universally celebrated Jewish and Muslim holidays. Jewish and Muslim holidays which fall on Saturday or Friday are not counted as a holiday but as a Saturday (full day closure) or Friday (half day closure), respectively. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Employed <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The &#8220;employed&#8221; comprise all persons are 15 years or over who were working at a paid job or business for at least one hour during the week prior to the survey, or who did not work but held a job or owned business from which they were temporarily absent (because of illness, vacation, temporarily stoppage, or any other reason) during the reference week. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Exchange rate <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The price of one currency stated in terms of another currency is the exchange rate. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Exports <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Exports are any good or commodity, shipped or otherwise transported out of the territory to another part of the world, typically for use in trade or sale. Export products or services are provided to foreign consumers by domestic producers. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Gross Domestic Product (GDP) <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">GDP is the total value of all goods and services produced within oPt in a given period of time. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">When GDP is expressed in constant terms (real GDP), a deflator is used to adjust for changes in money-value. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Quarterly data are annualized by multiplying by 4. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>GDP per capita <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the result of the division of GDP by total population. <\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27157%27%20height%3D%2738%27%20viewBox%3D%270%200%20157%2038%27%3E%3Crect%20width%3D%27157%27%20height%3D%2738%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image32.GIF\" border=\"0\" height=\"38px\" width=\"157px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>GDP rate of change <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The rate of change is the percentage change (increase or decrease) of GDP from the previous measurement cycle. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27446%27%20height%3D%2739%27%20viewBox%3D%270%200%20446%2039%27%3E%3Crect%20width%3D%27446%27%20height%3D%2739%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image33.GIF\" border=\"0\" height=\"39px\" width=\"446px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Inflation rate <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The inflation rate is the percentage change in the price index over time. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27490%27%20height%3D%2738%27%20viewBox%3D%270%200%20490%2038%27%3E%3Crect%20width%3D%27490%27%20height%3D%2738%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image34.GIF\" border=\"0\" height=\"38px\" width=\"490px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Government total net revenue <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">It measures the net inflows received by the government, including clearance revenue, tax refunds, and tax and non-tax revenue collected by the Ministry of Finance and other ministries for the consolidated Single Treasury Account (STA). <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Government wage expenditure <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the government&#8217;s outlay on the wages and salaries of permanent civilian and security employees. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Government non-wage expenditure <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the part of government expenditure absorbed by operational expenditures, transfers and minor development and capital expenditures. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Government net lending <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This term includes transfers to local government to cover clearance revenue, deductions by the Government of Israel for water and electricity, and services by the Ministry of Health and the Ministry of Agriculture. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Government balance <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The government balance is the difference between the government&#8217;s total net revenue and its expenditures, including wage and non-wage expenditures, net lending and development expenditures. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>External budget support <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">It consists of transfers of resources by donor countries to the Palestinian National Authority to help finance its budget. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Imports <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Imports are the goods and services that are produced by the foreign sector and are purchased by the domestic economy. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Industrial Production Index (IPI) <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This index is a statistical tool used for measuring changes in the volume of industrial production during a certain period of time. The index uses the change in volume of production for the largest establishment in each industry. The relative share for the main industrial activities represents the percent share of value added of the industrial institutions in 2009 in addition to the value added of olive presses. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Labor force <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The labor force consists of all persons of working age (15 years or over) who are either employed or unemployed during a specified reference period. <\/p><\/div>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27211%27%20height%3D%2718%27%20viewBox%3D%270%200%20211%2018%27%3E%3Crect%20width%3D%27211%27%20height%3D%2718%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image35.GIF\" border=\"0\" height=\"18px\" width=\"211px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Excluded from the labor force are those of working age who are neither working nor searching for work. These could be students, retired persons, those in prison, and homemakers. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Loan-to-deposit ratio <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This ratio gives the amount of banks&#8217; loans divided by the amount of their deposits. The statistic is often used to assess the banking system&#8217;s liquidity. If the ratio is too high it may imply that banks could not have enough liquidity to cover any unforeseen fund requirements. Conversely, if the ratio is too low banks may not be lending and earning as much as they could be. <\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27263%27%20height%3D%2736%27%20viewBox%3D%270%200%20263%2036%27%3E%3Crect%20width%3D%27263%27%20height%3D%2736%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image36.GIF\" border=\"0\" height=\"36px\" width=\"263px\" \/><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Number of new company registrations <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">This is the number of new companies that register with the Ministry of National Economy to conduct business operations in oPt. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Number of shares traded <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">It is the amount of shares that trade hands from sellers to buyers in the market over a given period. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Underemployment <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">Underemployment exists when a person&#8217;s employment is inadequate in relation to specified norms or alternative employment. Time-related underemployment applies to those who involuntarily work less than the normal duration of work determined for the activity and who seek or are available for additional work during the reference week. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Unemployment rate <\/strong><\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The &quot;unemployed&quot; comprise all persons aged 15 or over who, during the week before the survey, were without work, available for work and seeking work. The unemployment rate expresses the number of unemployed as a percentage of the total labor force. <\/p><\/div>\n<div style=\"color:#000000;text-align:left;padding-top:9px;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The indicator is widely used as a measure of unutilized labor supply. <\/p><\/div>\n<p><\/p>\n<div style=\"text-align:center;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><img class=\"lazyload\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27230%27%20height%3D%2736%27%20viewBox%3D%270%200%20230%2036%27%3E%3Crect%20width%3D%27230%27%20height%3D%2736%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/www.un.org\/unispal\/wp-content\/uploads\/images\/f91e6123d3c47e3385257906005d3e92_image37.GIF\" border=\"0\" height=\"36px\" width=\"230px\" \/><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\"><strong>Value of shares traded <\/strong><\/p><\/div>\n<p><\/p>\n<div style=\"color:#000000;text-align:left;font-size:9pt;font-family:Arial, san-serif;\">\n<p style=\"margin-top:0px;margin-bottom:0px;\">The value of shares traded is the sum of the shares traded multiplied by their respective matching price. <\/p><\/div>\n<p>\n\t\t\t\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;SOCIO-ECONOMIC REPORT July 2011 &#1575;&#1604;&#1578;&#1602;&#1585;&#1610;&#1585; &#1575;&#1604;&#1573;&#1602;&#1578;&#1589;&#1575;&#1583;&#1610; &#1575;&#1604;&#1573;&#1580;&#1578;&#1605;&#1575;&#1593;&#1610; &#1578;&#1605;&#1608;&#1586; 2011 Since 1996 UNSCO has continually monitored and reported on socio-economic conditions in the occupied Palestinian territory (oPt) and, in the process, established an extensive socio-economic database. UNSCO does not produce primary data but rather makes use of available data, that in the oPt are relatively abundant. <a href=\"https:\/\/www.un.org\/unispal\/document\/auto-insert-206726\/\"> [&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"template":"","meta":{"footnotes":""},"country":[],"document-category":[2437,1323],"document-source":[1877],"committee-meeting":[],"document-subject":[1937,1917,2097],"entity":[1729],"document-language":[6544,6542],"class_list":["post-206726","document","type-document","status-publish","hentry","document-category-arabic-text","document-category-report","document-source-united-nations-special-coordinator-for-the-middle-east-peace-process-unsco","document-subject-economic-issues","document-subject-situation-in-the-opt-including-jerusalem","document-subject-social-issues","entity-united-nations-system","document-language-arabic","document-language-english"],"_links":{"self":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/206726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document"}],"about":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/types\/document"}],"author":[{"embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document\/206726\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/media?parent=206726"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/country?post=206726"},{"taxonomy":"document-category","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-category?post=206726"},{"taxonomy":"document-source","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-source?post=206726"},{"taxonomy":"committee-meeting","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/committee-meeting?post=206726"},{"taxonomy":"document-subject","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-subject?post=206726"},{"taxonomy":"entity","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/entity?post=206726"},{"taxonomy":"document-language","embeddable":true,"href":"https:\/\/www.un.org\/unispal\/wp-json\/wp\/v2\/document-language?post=206726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}