Israel-Hamas war: the Palestinian economy in the doldrums. The World Bank estimates the amount of destruction over the first 4 months of the war at more than 18.5 billion dollars.
The Gaza Strip, already asphyxiated by more than fifteen years of blockade, has been paralyzed since October 7: in the fourth quarter of 2023, GDP collapsed by almost 80%. Since October 7, nearly 150,000 Palestinians who previously worked in Israel in sectors such as agriculture have had their work permits revoked.