Increase in the Industrial Production Index (IPI) in Palestine
The overall IPI in Palestine with its Base Year (2019 = 100) reached 108.50 in 2022 which indicates an increase by 3.27% compared to 2021.
IPI for 2022 increase due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 8.47%, the activities of Manufacturing Industry by 3.07%, and the activities of Water Supply, Sewerage, Waste Management and Remediation by 2.16%. While, the activities of Mining and Quarrying decreased by 6.70%.
The table below shows yearly percent changes in IPI in Palestine for the period 2012 – 2022:
Year | Percent Changes % |
2012 | + 6.39 |
2013 | + 7.82 |
2014 | – 3.92 |
2015 | – 3.80 |
2016 | + 0.96 |
2017 | + 4.11 |
2018 | – 3.94 |
2019 | + 3.86 |
2020 | – 7.95 |
2021 | + 14.13 |
2022 | + 3.27 |
 Increase in the Industrial Production Index (IPI) in Palestine during December 2022
The overall IPI in Palestine reached 110.57 during December 2022 with an increase of 0.85% compared to November 2022 (Base Year  2019 = 100).
IPI for December 2022 increased due to the increase in the activities of Electricity, Gas, Steam and Air Conditioning Supply by 13.90% which had a share of 7.38% of the total industry, and the activities of Manufacturing Industry by 0.10% which had a share of 87.89% of the total industry. While, the activities of Water Supply, Sewerage, Waste Management and Remediation decreased by 7.97% which had a share of 1.84% of the total industry, and the activities of Mining and Quarrying decreased by 5.31% which had a share of 2.89% of the total industry.
The table below shows monthly percent changes in IPI for the period: January – December 2022:
Month | Percent Changes (%) | |
 January | 8.58 – | |
 February | 5.98 + | |
 March | 5.58 + | |
 April | 11.04 – | |
 May | 7.92 + | |
 June | 11.39 + | |
 July | 11.41 – | |
 August | 7.80 + | |
 September | 2.50 – | |
 October | 3.69 + | |
 November | 4.22 – | |
 December | 0.85 + | |
 2022 Com. 2021 | 3.27 + | |
The trend line of the Industrial Production Index in Palestine, for the period: January – December 2022 (Base Year 2019 = 100)