The UN Conference on Trade and Development reported on 25 September 2026 that Gaza is experiencing the world's most severe economic crisis on record, with nine in ten businesses destroyed and hundreds of thousands unemployed. The assessment underscores the humanitarian catastrophe in the territory.
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Gaza is suffering the world's worst economic crisis ever recorded, with nine in 10 businesses destroyed and hundreds of thousands of people unemployed, a top UN development agency warned on Thursday. Israel's military offensive sparked by Hamas militants' attack in October 2023 devastated the territory of two million people before a patchy ceasefire was announced in October 2025.
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