RAMALLAH, June 27, 2018 (WAFA) - Preliminary estimates at constant prices showed an increase of 2% in GDP in Palestine during the 1st quarter of this year compared to the 1st quarter 2017,  but a decrease of 2.8% compared to the 4th quarter 2017, the Palestinian Central Bureau of Statistics (PCBS) said on Wednesday.

GDP increased by 4.8% in the West Bank and reached $2,564.1 million and decreased by 6% in Gaza Strip compared to the 1st quarter 2017 and reached $813.5 million.

GDP per Capita for Palestine at constant prices was $746.2 during the 1st quarter 2018, showing a decrease of 0.7% compared to the 1st quarter 2017.

Per capita in the West Bank was $980.9 at constant prices during the 1st quarter 2018 compared to the 1st quarter 2017, showing an increase by 2.4%, while for Gaza Strip it was $425.3, a decrease by 8.9%.

M.K.