Attribute | Value |
---|---|
Geography | |
Area | 5,860 km² |
Continent | Asia |
Land area | 5,640 km² |
Water area | 220 km² |
Land boundaries | 478 km |
Border countries |
|
Coastline | 0 km |
Mean elevation | Add |
Lowest point | -431 m |
Highest point | 1,020 m |
People | |
Population | 2,900,034 |
Official languages | Add |
Religion | Muslim |
Government | |
Long country name | Add |
Short country name | West Bank |
Long local name | Add |
Short local name | Add |
Former name | Add |
Government type | Add |
Capital | Add |
Economy | |
GDP (PPP) | 21,220,000,000 USD |
GDP (OER) | 9,828,000,000 USD |
GDP (real growth rate) | 5.3 % |
GDP - per capita (PPP) | 4,300 USD |
Gross national saving | 7.8 % of GDP |
Labor force | 1,240,000 |
Unemployment rate | 27.9 % |
Population below poverty line | 18 % |
Budget revenues | 1,314,000,000 USD |
Budget expenditures | 1,278,000,000 USD |
Military expenditures | Add |
Taxes and other revenues | 13.4 % of GDP |
Budget surplus or deficit | 0.4 % of GDP |
Public debt | 24.4 % of GDP |
Inflation rate | 0.2 % |
Central bank discount rate | Add |
Commercial bank prime lending rate | 5.8 % |
Stock of narrow money | 416,500,000 USD |
Stock of broad money | 416,500,000 USD |
Stock of domestic credit | 2,211,000,000 USD |
Market value of publicly traded shares | 3,339,000,000 USD |
Current account balance | -1,444,000,000 USD |
Exports | 2,126,000,000 USD |
Imports | 6,565,000,000 USD |
Reserves of foreign exchange and gold | 0 USD |
External debt | 1,662,000,000 USD |
National currency | new Israeli shekels |
National currency (code) | ILS |
National currency (symbol) | ₪ |
National currency rate to USD | 3.606 |
Inhabited since at least the 15th century B.C., the West Bank has been dominated by many different peoples through out its history; it was incorporated into the Ottoman Empire in the early 16th century. The West Bank fell to British forces during World War I, becoming part of the British Mandate of Palestine. Following the 1948 Arab-Israeli War, the West Bank was captured by Transjordan (later renamed Jordan), which annexed the West Bank in 1950; it was captured by Israel in the Six-Day War in 1967. Under a series of agreements known as the Oslo Accords signed between 1994 and 1999, Israel transferred to the newly created Palestinian Authority (PA) security and civilian responsibility for many Palestinian-populated areas of the West Bank as well as the Gaza Strip. Negotiations to determine the permanent status of the West Bank and Gaza Strip stallled in 2001, after which the area witnessed a violent intifada or uprising. Roughly 60% of the West Bank, including East Jerusalem, remains under Israeli military control. In early 2006, the Islamic Resistance Movement (HAMAS) won a majority in the Palestinian Legislative Council election and since 2007, the PA has administered areas of the West Bank under its control while HAMAS maintains de facto control of Gaza. Fatah, the dominant Plaestinian political party in the West Bank, and HAMAS have made several attempts at reconciliation, but the factions have been unable to implement any agreements reached; a reconciliation agreement signed in October 2017 remains unimplemented.