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Palestinian Engineers

The economy of Palestine is based on substantial financial aid from various international donors, including governments and international organizations. In 2020, the inflation rate in Palestine was -0.7% and the unemployment rate was 25.9%. Exports were recorded at US$1 billion, with an import value of US$6 billion. Main contributors to the national economy are the service sector (47%), wholesale and repair (19%), manufacturing (12%), agriculture (7%), finance and banking (3%), construction (5%), information technology (5%) and transportation sector (2%).