8
/10 Severity
Israel-Gaza War Economic Impact
war
Oct 2023
Ongoing
GDP Impact
-2.5%
Countries Affected
15
Duration
26.678713637889+ months
Recovery
- months
Description
Hamas attack on Israel triggering military response in Gaza. Regional instability affecting shipping routes and oil markets.
Causes
Hamas attack, ongoing Israeli-Palestinian conflict, regional tensions.
Consequences
Humanitarian catastrophe in Gaza, Red Sea shipping disruptions, regional instability, Israeli GDP impact, refugee crisis.
Quick Facts
- Event Type
- war
- Start Date
- Oct 07, 2023
- Peak Year
- 2023