29.12.202509:22:33UTC+00Palestine Current Account Gap Narrows in Q3

In the third quarter of 2025, Palestine reported a current account deficit amounting to USD 750 million, an improvement from the USD 870 million deficit observed in the same period the year before. The deficit in the trade balance for goods decreased to USD 1,105 million, compared to USD 1,333 million the previous year. Additionally, the services balance shortfall reduced to USD 214 million from USD 263 million. Concurrently, the net income surplus expanded to USD 307 million from USD 275 million, bolstered by increased compensation for Palestinian workers employed in Israel and enhanced foreign investment income, largely attributed to the interest accrued on Palestinian deposits held in foreign banks. However, the surplus within net current transfers from abroad declined to USD 262 million, down from USD 451 million, driven by reduced transfers to the government and other sectors.