أداء الاقتصاد الفلسطيني، 2012 - Palestinian Central Bureau of ...

PCBS: Performance of the Palestinian Economy, 2012Table 7: Main indicators on the structure of current account in Palestine 2004-2012(Value in USD million)2004 2005 2006 2007 2008 2009 2010 2011 2012*Current account net -1,516.0 -1152.2 -912.9 -417.3 764.4 -712.5 -690.9 -2,192.6 -2,814.8Compensation ofemployees received fromabroad421.4 486.7 579.2 598.5 746.2 831.1 1,077.4 1,258.9 1,051.2Receivable currenttransfersExports of goods andservicesImports of goods andservices* Quarterly preliminary data895.3 1,299.4 1,623.0 2,505.5 3,572.8 2,502.0 2,476.5 1,976.9 1,649.6641.1 717.1 710.3 1,016.0 1,164.5 1,210.6 1,496.8 1,802.6 1,898.63,337.8 3,618.4 3,805.7 4,567.3 4,739.2 5,066.8 5,461.7 6,532.1 7,165.1Compensation from overseas employees fell by 16.5% in 2012 to 1,051.2 million dollarscompared with 1,285.9 million in 2011. As shown in the Figure below, the level ofemployee compensations received from abroad increased between 2004 and 2011 by 198.7%,but fell by 16.5% in 2012 compared with 2011. Compensations of employees made up 89.5%of total received income, while investment income covered the rest. In spite of the increase innet income, this did not assist in reducing the current account deficit due to the growingdeficit in the trade balance of goods and services.1,400Figure 11: Compensation of employees in Palestine 2004-2012(Value in USD million)Compensations of employees1,2001,000800600400200421.41,051.202004 2005 2006 2007 2008 2009 2010 2011 2012Year[28]