Gaza War: Expected Socio-Economic Impacts on the State of Palestine October 2024

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Gaza war: Expected socioeconomic impacts on the State of Palestine (October)

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Gaza War: Expected Socio-Economic Impacts on the State of Palestine October 2024

October 16, 2024

One year into the Gaza war, the humanitarian crisis has reached a catastrophic level, with unprecedented casualties, widespread destruction and severe food insecurity. Mass displacement and a scarcity of safe spaces, coupled with Israeli restrictions on aid delivery, have further compounded the crisis.


The war has had a severe impact on critical sectors such as education, healthcare,social services, the economy and the environment. Educational institutions have suffered significant losses, with numerous casualties among students and educators and the widespread destruction of schools. The healthcare system is nearing collapse, facing critical shortages in medical supplies and widespread malnutrition, particularly among children. The provision of social services has been severely curtailed, leaving most people to fend for themselves, while the true impact of the war on the environment remains uncertain and will likely
take generations to fully address. 

Additionally, the escalations in the West Bank including intensified Israeli military operations resulted in significant casualties and destruction to infrastructure and economic losses.

This report presents an analysis of three recovery scenarios in the State of Palestine. Given that the recovery will be a long-term process, we assess both the immediate impact projected for 2025 and the long-term impact anticipated by 2034, a decade after the start of the conflict.