ESCWA Publication: E/ESCWA/UNDP/2024/Policy brief.2
Country: State of Palestine
Publication Type: Policy briefs
Cluster: Governance and Conflict Prevention
Focus Area: Governance & enabling environment
Initiatives: Addressing multidimensional poverty
SDGs: Goal 16: Peace, Justice and Strong Institutions
Keywords: Destruction of property, Displaced persons, Economic aspects, Educational aspects, Environmental aspects, Financial aspects, Food security, Food shortage, Health care delivery, Human development, Humanitarian assistance, Macroeconomics, Medical aspects, Physical infrastructure, Poverty, Recovery, Sanitation services, Social aspects, Social services, State of palestine, Territories occupied by israel, Unemployment, War, War victims, Water supply
Gaza war: Expected socioeconomic impacts on the State of Palestine
October 2024
The Gaza war has reached catastrophic levels. There have been countless casualties and widespread destruction. Food insecurity levels are high and rising. The war has had a profound impact on sectors such as education, healthcare and social services. It has also resulted in severe environmental damage. Projections indicate that the GDP of Gaza will contract by 35.05 per cent in 2024, with unemployment potentially rising to 49.9 per cent. The territory’s poverty rate is expected to more than double, and its Human Development Index rating may drop to an unprecedented low. The war has also led to a rise in multidimensional poverty in Palestine, from 19.5 per cent to 47.1 per cent. This report outlines three potential recovery scenarios for Gaza. Without effective intervention and a holistic recovery plan, the economy and social fabric of Gaza will continue to deteriorate, leaving the territory in a prolonged state of crisis.
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Governance & enabling environment
,
The Gaza war has reached catastrophic levels. There have been countless casualties and widespread destruction. Food insecurity levels are high and rising. The war has had a profound impact on sectors such as education, healthcare and social services. It has also resulted in severe environmental damage. Projections indicate that the GDP of Gaza will contract by 35.05 per cent in 2024, with unemployment potentially rising to 49.9 per cent. The territory’s poverty rate is expected to more than double, and its Human Development Index rating may drop to an unprecedented low. The war has also led to a rise in multidimensional poverty in Palestine, from 19.5 per cent to 47.1 per cent. This report outlines three potential recovery scenarios for Gaza. Without effective intervention and a holistic recovery plan, the economy and social fabric of Gaza will continue to deteriorate, leaving the territory in a prolonged state of crisis.
