A UN report says Gaza is experiencing what it calls the worst economic crisis in history, driven by the ongoing collapse of economic activity and living conditions in the territory. The study links the downturn to major disruption following Israeli military actions, leaving many Palestinians without stable incomes or basic resources.
According to the report, Gaza’s daily per capita GDP is about $0.58. One outlet also cites inflation and cost pressures, saying prices are roughly 274% higher than in 2022, underscoring the scale of hardship. While the outlets share the same core figures and overall conclusion—that the crisis is unprecedented and severe—they emphasize different aspects: one focuses more on destitution and the depth of the economic collapse, while the other highlights the magnitude of price increases over time.
Overall, both reports attribute the economic deterioration to the conditions created by the conflict, and they present the same central economic indicators as evidence of extreme deprivation and worsening affordability.
