Exports of Goods and Services for West Bank and Gaza
WBGBXUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,413,300,000.00
Year-over-Year Change
89.68%
Date Range
1/1/2000 - 1/1/2023
Summary
The 'Exports of Goods and Services for West Bank and Gaza' series measures the total value of goods and services exported from the West Bank and Gaza region. This metric is important for economists and policymakers to assess the region's economic activity and trade relationships.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series represents the total value of all exported goods and services originating from the West Bank and Gaza territory. It is a key indicator of the region's economic performance and integration with global markets. Analysts use this metric to evaluate trade trends, competitiveness, and the impact of policies on the region's exports.
Methodology
The data is collected and reported by the Palestinian Central Bureau of Statistics.
Historical Context
Policymakers and economists monitor this export trend to gauge the economic conditions and trade dynamics of the West Bank and Gaza region.
Key Facts
- West Bank and Gaza exports totaled $1.4 billion in 2021.
- Exports account for over 20% of the region's GDP.
- Top export destinations include Israel, Jordan, and the European Union.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total value of all goods and services exported from the West Bank and Gaza territory.
Q: Why is this trend relevant for users or analysts?
A: This export metric is a key indicator of the region's economic performance, trade competitiveness, and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Palestinian Central Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this export trend to gauge the economic conditions and trade dynamics of the West Bank and Gaza region.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may have limitations due to the complex political and economic situation in the region.
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Citation
U.S. Federal Reserve, Exports of Goods and Services for West Bank and Gaza (WBGBXUSD), retrieved from FRED.