Middle East Oil & Gas: Iranian Win?

MIDDLE EAST 2014 SUPPLEMENT By Ronald Fink Some analysts think the Ukrainian crisis could help improve prospects for Middle Eastern oil producers—pushing up prices and driving development of recent finds as a result. The crisis in Ukraine sent global energy ...

 
 
Source
Central bank

N/A

International Reserves

N/A

Source
Gross Domestic Product - GDP

US$10.238 billion (2012)

GDP (Purchasing Power Parity)

N/A

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
N/A N/A 9% -6% -3% -8% 20% 3%
2011 2012 2013 2014        
8% 14% N/A N/A        
GDP per capita - current prices

N/A

GDP per capita - PPP

N/A

GDP (PPP) - share of world total
1980 1990 2000 2010 2015
N/A N/A N/A N/A N/A

 

 
 
Source
GDP - composition by sector
  • agriculture 4.2%
  • industry 17.9%
  • services 77.9% (2012 estimate) (combined West Bank and Gaza)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013* 2014
N/A N/A 1.7% N/A

*Estimate

Unemployment rate
2011 2012 2013 2014
N/A N/A N/A N/A
Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014
N/A N/A N/A N/A N/A

 

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014
N/A N/A N/A N/A N/A

 

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2010 2011 2012
N/A N/A N/A
Largest companies in The Occupied Palestinian Territory

N/A

 
 
Source
Current account balance

N/A

Current account balance by percentage of GDP

N/A

Exports as percent of GDP(Exports of goods and services)

16% (2012) (West Bank & Gaza)

Shares in world total merchandising export

N/A

Shares in world total commercial services export

N/A

Total exports

$666.1 million (2010 est.) (West Bank and Gaza)

Export commodities

West Bank:  stone, olives, fruit, vegetables, limestone

Gaza: GS strawberries, carnations, vegetables (small and irregular shipments, as permitted to transit the Israeli-controlled Kerem Shalom crossing

Total imports

$5.474 billion (2011 est.) (West Bank and Gaza)

 
 
Source
Import commodities

West Bank:  food, consumer goods, construction materials, petroleum, chemicals

Gaza: food, consumer goods
note: Israel permits basic commercial imports through the Kerem Shalom crossing, but many "dual use" goods, such as construction materials and electronics, are smuggled through tunnels beneath Gaza's border with Egypt

 

Exports - major partners

N/A

Imports - major partners

N/A

FDI inflows
2011 2012 2013
US$214 million US$244 million US$177 million
FDI outflows
2011 2012 2013  
US$-37 million US$-2 million US$-9 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 143  out of 189 countries (2013)

Subcategories:

Starting a business: 162 out of 189 countries

Enforcing Contracts: 105 out of 189 countries

Registering Property: 99 out of 189 countries

Getting credit: 116 out of 189 countries

Protecting investors: 141 out of 189 countries

Trading across border: 130 out of 189 countries

Paying Taxes: 51 out of 189 countries

Dealing with Construction Permits: 173 out of 189 countries

Getting Electricity: 83 out of 189 countries

Resolving Insolvency: 189 out of 189 countries

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

N/A

 
 
Source
Time zone

UTC+2 (Based on Egypt, Israel time zone)

Total area

West Bank: 5,860 sq km
Gaza:  360 sq km

Capital

N/A

Currency

new Israeli shekels (ILS)

Government type

N/A

Languages

Arabic, Hebrew (spoken by Israeli settlers and many Palestinians), English (widely understood)

Religions

Muslim 80.0 - 85.0% (predominantly Sunni), Jewish 12.0 - 14.0%, Christian 1.0 - 2.5% (mainly Greek Orthodox), other, unaffiliated, unspecified <1.0%  (2012 est.)

Total population
1980 1990 2000 2014* 2019
N/A N/A N/A

West Bank: 2,731,052

Gaza: 1,816,379

N/A

*Estimate   

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
56.8% 62.5% 72% 75%
Population median age

West Bank:  22.4 years
Gaza: 18.2 years (2014 est.)

Population growth rate

West Bank:  1.99%
Gaza: 2.91%  (2014 est.)

Life expectancy

West Bank:  75.69 years
Gaza: 74.64 years (2014 est.)

Adult literacy

95.3% (2012) (West Bank and Gaza)

% of population living on less than $2 a day

0.6% (2009) (West Bank and Gaza)

Inequality of wealth distribution (Gini index)

34.5 (2009) (West Bank and Gaza)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

N/A

 

Total telephone subscribers as % of population

Fixed 9.3%   Mobile 73.7% (2013) (Palestinian Authority)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

46.6% (2013)
(Palestinian Authority)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

0.6 (2010)
(West Bank and Gaza)

World's Best Subcustodian Banks

World's Best Banks By Region