Prosperity in Security: Ramallah 2011

See for yourself! Ramallah, Jan. 18 – Improved security and coordination between Israel and the Palestinian Authority (PA) have led to economic boom times in the West Bank. Nowhere is the economic vitality more visible than in Ramallah, the West Bank’s largest city. The Israel Project was on the ground in Ramallah to show you the progress.   West Bank Economy Stats: 7 percent: projected GDP growth of total Palestinian economy (West Bank and Gaza) in 2010, as predicted by the International Monetary Fund 60 percent: projected growth in the West Bank's economy by 2013 as compared to 1994 levels 50 percent: increase in Palestinian bank profits in the first quarter of 2010 compared to the first quarter of 2009 $858 million: estimated value of exports from the West Bank in 2010 9 percent: growth in the West Bank's economy in the first half of 2010 30 percent: rise in property prices in Ramallah over the past two years 9 percent: fall in unemployment in the West Bank, from 18.1 percent in the fourth quarter of 2009 to 16.5 percent in the first quarter of 2010 6.8 percent: increase in total Palestinian GDP in the West Bank and Gaza in 2009 (8.5 percent in the West Bank; 1 percent growth in Gaza)

---

The Israel Project is a non-profit educational organization that provides factual information about Israel and the Middle East to the press, policy makers and the public.