The Palestinian territories are considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. As a developing country, the Palestinian Territories may not be able to provide consistent social services to its citizens. These social services can include things like public education, reliable health care, and law enforcement. Citizens of developing countries can have a lower life expectancy than citizens of developed countries. Every year, the Palestinian Territories export about US$0.892 billion and import about US$4.17 billion. 27.6% of the country's population is unemployed. The total number of unemployed in the Palestinian Territories is 1,394,566. In the Palestinian Territories, 25.8% of the population lives below the poverty line. The percentage of citizens living below the poverty line in the Palestinian Territories is quite high, but nothing to worry about in terms of investments. Potential lenders should look at other economic indicators, including GDP, the rate of urbanization and the strength of the currency, before making investment decisions. Government spending on education is 4.6% of GDP. The country's Gini index is 35.5. The Palestinian territories experience good equality. The majority of citizens in the Palestinian Territories fall within a narrow income bracket, although some cases can show significant disparities. Palestinian Territories have a Human Development Index (HDI) of 0.686. Palestinian Territories have an upper middle HDI score. This suggests that the majority of citizens will be able to lead a desirable life, although some citizens will not be able to attain a high standard of living.

Currency
The currency of the Palestinian territories is the Israeli new shekel. There are several plural forms of the name "Israeli israeli new shekel". These are shekels, Shekalim. The symbol used for this currency is ₪ and is abbreviated as ILS.

Credit rating
The credit rating depth index for the Palestinian Territories is 8, which means that the information is mostly sufficient and fairly detailed; Accessibility is not a problem.

Central bank
In the Palestinian Territories, the institution that administers the state's currency, money supply and interest rates is called the Palestinian Monetary Authority. Locally, the Central Bank of the Palestinian Territories is called سلطة النقد الفلسطينية. The average interest rate on deposits offered by local banks in the Palestinian territories is 0.8%.

National debt
The national debt of the Palestinian territories has not yet been calculated.

Tax information
Corporate tax in the Palestinian Territories is 15%. Personal income tax ranges from 5% to 15% depending on your specific situation and income level. VAT in the Palestinian Territories is 14.5% and is known as sales tax.