Palestinian, Israeli income gap grows

Israel's economy grows 5.3 percent in past few months, says the Central Bureau of Statistics, while the IMF reports Palestinians' yearly income at just above $1,600.

Palestinian, Israeli income gap grows

World Bulletin/News Desk

The per capita income in Israel is more than $2,500 "monthly" while Palestine's "yearly income" is just above $1,600, data has shown.

Israel's average per capita income in the third quarter of the year increased by 2.7 percent and its average monthly per capita income reached 8,910 Shekels ($2,520), the country's statistics authority announced Wednesday.

The figures indicate that Israel's economy grew 5.3 percent in the second quarter of the year and the first month of the third quarter.

Meanwhile, an August report by the International Monetary Fund (IMF) recorded Palestinians' yearly income at just above $1,600.

The Palestinian Central Bureau of Statistics and Oxfam, an international aid organization, however, determined Palestine's yearly income per capita at $2,093 in September.

Last Mod: 09 Ekim 2013, 12:59
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