TOOL · GROSS COST

How much would a basic income cost in Palestine?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Country

Adult population 3,183,655child population 1,982,120year 2023World Bank WDI

Monthly amount per adult

Monthly amount per child

GROSS ANNUAL COST

40,077 million

in ILS₪40,077,264,000

GDP share not calculated

Population covered: 5,165,775 people

The exchange rate is missing. The cost is shown in local currency, without a GDP share.

Adults: 3,183,655 × ₪800 × 12 = ₪30,563,088,000

Children: 1,982,120 × ₪400 × 12 = ₪9,514,176,000

₪30,563,088,000 + ₪9,514,176,000 = ₪40,077,264,000

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $18,635,100,000 · World Bank WDI

Currency ILS