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The lack of progress towards peace and reconciliation continues to create an unsustainable economic situation in the Palestinian territories. On top of this, 2020 has been a tumultuous year for the Palestinian economy, which is suffering the economic fallout of the COVID-19 outbreak, as well as a political standoff that has made it difficult for the PA to collect tax revenue.

Along with the rest of the global community, in March 2020 the West Bank and Gaza began dealing with the Coronavirus pandemic. While an early lockdown helped to contain the spread of the virus (to dozens of new infections per day), a second wave in late June saw infection levels rise. By the end of August, new infections had reached 500 per day (World Bank, 2020)

0 million (total population)
0 % population living below the national poverty line in 2016
0 % labour force unemployed in 2020
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